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This post has been edited by alexkos: Feb 8 2022, 04:31 PM

about 2.5 percent if i`m not mistaken

with 4% dividend every year?

2. Skim Simpanan Pendidikan Nasional (SSPN) dividend for 2010 on 3.25% rate has been credited to SSPN depositors account on 10th March 2011. Depositors can check their account through e-SSPN.

sos http://www.ptptn.gov.my/web/english/home

thx man! still need to know about the saving rate.

2.5%pa

ASM 6.68% last year.

credited to my acc.

u blind?

people ask for SSPN Saving rate not ASM

duhhh

i am informing ppl here about one of the highest interest rate available

the most attractive part is the tax rebate isnt it

Well, this might be a bit off topic but, comparing SSPN with mutual funds, which should I choose as a student because the tax reduction is only applicable for parents/guardian?

This post has been edited by Ken.B: Apr 4 2011, 02:19 AM

Tax rebat only for one year, but u have to tie your fund for many years.

It's TAX RELIEF lah....

It used to be 4% evey year ;-)

http://senseofmoney.blogspot.com/2009/09/s...idend-rate.html

The dividends drop because MOST PTPTN loans are not being paid back....

This post has been edited by ronnie: Apr 4 2011, 03:01 PM

Most probably they calculated based on daily rest. Most financial institution do that nowadays.

So if your tax rate is at say 19% and you saved RM 3,000.00, your net ROI is 19+3.5% = 22.5%.

If you think that is not good, pls shoot yourself with a 0.50 Baretta.

Xuzen

if simpan wif them how to draw the money?

atm can?

Withdrawal form obtainable from Maybank branch. The processing is still done by PTPTN HQ.

Xuzen

excuse me , but this dividend payout is merely following FD rates IMO...

But, dividend isn't the attraction it gets, the tax relief is! So, pls don't put money here if you are thinking to get some good dividend out of it..

Today I received a statement.

SSPN pay only 0.8% last year.....

When are you deposit? How much do you get? and How much do you deposit?

forget about SSPN, even when I need to withdraw, I need to wait for 10 working days for withdrawal to get the money.

Btw, it was a good choice for saving RM3k for income tax relief