Defence Ministry introduces PTPTN savings for children of Armed Forces personnel


KUALA LUMPUR: The Defence Ministry, in partnership with the Armed Forces Fund Board (LTAT), has initiated a National Higher Education Fund Corporation (PTPTN) savings programme for primary one pupils who are the children of military personnel, to commence this year.

Defence Minister Datuk Seri Mohamed Khaled Nordin announced that the Madani Education Savings (SPM) programme entails contributions being deposited into the National Education Savings Scheme (SSPN) accounts of 9,355 primary one pupils for the 2024 school session, totaling RM467,750.

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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.

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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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