So do you proceed with -14?

So did you receive back the refund amount already?

Received a advice notice from Bank Islam for negative balance refund from PTPTN:

e-Banker, Bank Islam Corporate Internet Banking

PTPTN uses IBG from BI to CIMB.

How long is the whole process took ya?
Since you apply until you receive the amount credited into your bank account.

Thanks David83.

But i guess you should be receive it on Jan not Oct right?   

Bolded ones for my case but this was way back in Nov 2016.

Hi

In my case, it was emailed to me by the officer that assisted me in getting everything settled.

Cheers!

same, was told that I will receive email & snail mail to confirm that I've made full payment last November but haven't received it till now.

How does sukuk work?

How do I cancel direct debit?

may i know that now direct debit still got 10 percent discount ? and before the date that you need start paid ptptn can get kos upah pentadbiran free is what mean ?

if i finish my loan in 10 year will they rebate the 5 year upah pembiayaan to us ?

Here's an example of my understanding on the PTPTN loan structure for the case of ujrah

Loan = 20k
Repayment period = 10 years (120 months)

Total to repay if repayment to follow exact schedule = 20k+(1% p.a x 10 years) = 22k
The contract will state the total interest you have to pay in the event you're paying on the dot.
Min repayment = RM 183.33 per month (ujrah is already factored in)
Repayment breakdown, RM183.33 = RM166.66 (repayment) + RM16.67 (ujrah)

If you repay RM200 a month which is more than the minimum repayment amount,
Your repayment = RM183.33 (repayment) + RM 16.67 (ujrah)
Your loan = RM20k divide by RM 183.33 = 110 months of repayment (about 9.2 years)
Therefore you repaid your loan 10 months in advance,
Hence you don't have to pay 10 months worth of ujrah RM16.67x10 = RM166.70

My understanding for rebate is deduction from your outstanding balance but the ujrah charged on a monthly basis so its technically not a rebate.
You'll be saving yourself from paying more 

My theory is based on the observation of the monthly Ujrah charges instead of total sum added to my loan.
So the ujrah cost it is added to my outstanding balance on a monthly basis, then the amount of months to pay ujrah may be lesser than the repayment period if I pay more than the
minimum. 

So the recalculation might only adjust the ujrah, minimum repayment and the repayment period for the final months or years of repayment in accordance to the current balance, instead of the initial loan amount.

I have yet to find more information on the my theory other than the ujrah calculation on the PTPTN website.

If that's the case, would be better to do it after every x years (20 years repayment period) or at least once? Pay less interest along the way 

Hey, so no one receive any settlement letters right?
I think even my CTOS credit also impacted.. that's super weird...
I wouldn't know suddenly my credit score drop from excellent to LOW if i didn't apply any credit card... OMGGG..
how??

I also wonder the same thing now that they canceled the 10% discount. Seriously feel cheated by new gov.

I just cancelled my auto debit