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.