PTPTN releases loan repayment discount, deferment details


KUALA LUMPUR: The implementation of the National Higher Education Fund Corporation (PTPTN) loan repayment discount of up to 20%, which is effective from Wednesday (March 1) until May 31 as announced in the Budget 2023, covers four categories.

PTPTN said it covers a 20% discount on the remaining debt for full settlement of the loan; a 15% discount for the settlement of at least 50% of the total outstanding debt with the remainder through salary deduction or scheduled direct debit repayment; in addition to a 5% discount for repayment through the myPTPTN application.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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PTPTN , Repayment , Discount , Deferment , Budget 2023 , Borrowers

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