Eligible to apply for education financing;
Tax relief assessment on current year net savings up to RM6,000.00 per year;
Free Takaful coverage for depositors who have savings of RM1,000.00 and above*;
Award of Matching Grant up to RM10,000.00 for an eligible family**;
Savings guaranteed by the Government;
Competitive dividends and exempted from income tax; and
Savings access in PTPTN and over 3,000 SSPN-i agent branches.
* Free Takaful coverage in the form of death/ total permanent disabilities (RM to RM) benefit and funeral expenses is eligible for depositors aged 18 to 65 years, while beneficiaries aged 1 to 28 years are eligible to receive funeral expenses subject to the stipulated terms and conditions.
* Eligible before date of birth.
** Families with a monthly income (basic salary) not exceeding RM4,000.00 are eligible for the matching grant when their children are accepted and enrolled in higher learning institutions. The application must be attached by complete documents and submitted to PTPTN Offices. Matching Grants eligibility is subject to the stipulated terms and conditions.
** Families income (basic salary) was increased from RM2,000.00 to RM4,000.00 per month worth considering Matching Grant.
post your query here =)
This post has been edited by alexkos: Apr 22 2015, 04:09 PM
SSPN Saving rate, PTPTN