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 SSPN, Skim Simpanan Pendidikan Nasional

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datolee32
post Mar 7 2025, 06:51 AM

On my way
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Junior Member
654 posts

Joined: May 2020
QUOTE(guy3288 @ Mar 6 2025, 02:05 PM)
u want limit 50k can
u dont want limit  also can
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May I know your RM100k withdrawal done over the counter or BIMB online?
datolee32
post Apr 17 2025, 05:46 AM

On my way
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Junior Member
654 posts

Joined: May 2020
QUOTE(fruitie @ Apr 16 2025, 02:40 PM)
Hmm. Is there any issue with withdrawing using Bank Islam? I haven't done this for almost a year now. Is there any limitation that I'm not aware of?

Context: My ShopeePay screwed up, I reloaded RM 3k to make payment to an offline merchant, but the payment failed due to security purposes blah blah blah. I escalated to CS because I need to make payment to the merchant, and they needed time to solve it. Now, my fund is stuck inside, and I need to find a legitimate way to withdraw my money in case I cannot make this payment. So, I am considering transferring it to my SSPN account and withdrawing it using BI. I need to find an alternative rather than waiting for their CS to solve for me.
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Early this month I withdrew from SSPN to my BI account, there was no issue and 50 cents transaction fee. Do take note withdraw and transfer share the same quota, meaning if you withdraw RM30k, you only have balance RM20k quota to transfer.

This post has been edited by datolee32: Apr 17 2025, 05:47 AM
datolee32
post May 2 2025, 05:08 PM

On my way
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Junior Member
654 posts

Joined: May 2020
Anyone tried to calculate the dividend 2024? I use the calculator, it is not tally with the given dividend. I am not sure deposit in the end of month affect the dividend, usually it posted after 5th of the following month.

This post has been edited by datolee32: May 2 2025, 05:10 PM
datolee32
post May 2 2025, 05:33 PM

On my way
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Junior Member
654 posts

Joined: May 2020
QUOTE(MUM @ May 2 2025, 05:26 PM)
While waiting for value added responses,
Perhaps you can try use this calculator and feed in your deposits data to see if result is OK or not?

https://www.ptptn.gov.my/KalkulatorDividen/Utama
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Yes, thank you. I am using the link above and key in the value based on my penyata cut off 5th of every month. The amount is not tally also confused.gif

Updated: Sorry my bad, I just checked again, apprently the dividend shown on 1st May and 2nd May are different. Thanks.

This post has been edited by datolee32: May 2 2025, 05:40 PM
datolee32
post May 3 2025, 05:49 AM

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654 posts

Joined: May 2020
QUOTE(ronnie @ May 2 2025, 09:53 PM)
Cut off for PTPTN is 5th of the next month

1 Jan to 5 Jan = Dividend for January = Balance as of 5 Jan x Dividend Rate / 12
6 Jan to 5 Feb = Dividend for February = Balance as of 5 Feb x Dividend Rate / 12
6 Feb to 5 Mar = Dividend for March = Balance as of 5 Mar x Dividend Rate / 12
6 Mar to 5 Apr = Dividend for April = Balance as of 5 Apr x Dividend Rate / 12
6 Apr to 5 May = Dividend for May = Balance as of 5 May x Dividend Rate / 12
6 May to 5 Jun = Dividend for June = Balance as of 5 Jun x Dividend Rate / 12
6 Jun to 5 Jul= Dividend for July = Balance as of 5 Jul x Dividend Rate / 12
6 Jul to 5 Aug = Dividend for August = Balance as of 5 Aug x Dividend Rate / 12
6 Aug to 5 Sep = Dividend for September = Balance as of 5 Sep x Dividend Rate / 12
6 Sep to 5 Oct = Dividend for October = Balance as of 5 Oct x Dividend Rate / 12
6 Oct to 5 Nov = Dividend for November = Balance as of 5 Nov x Dividend Rate / 12
6 Nov to 5 Dec = Dividend for December = Balance as of 5 Dec x Dividend Rate / 12
6 Dec to 31 Dec No Dividend
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QUOTE(ronnie @ May 2 2025, 10:01 PM)
Year 2023 dividend counts as opening balance for 1 Jan 2024 (not based on credited date)
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Thanks for the detailed explanation.

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