Budget 2023: Increased discounts for early settlement of PTPTN loans


KUALA LUMPUR: PTPTN borrowers will be entitled to an additional discount if they make payments from Nov 1 to April 30.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said that those who settle their loans between Nov 1 this year and April 30, 2023 will be entitled to a 20% discount, while those who pay off at least 50% of the loan will receive a discount of 15%, compared to 15% and 12% respectively before.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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