http://www.ctoscredit.com.my/

pay rm20 for the report if u lazy to go BNM.

For those whom withdrew kwsp to pay ptptn, do they credit to your own account or to ptptn directly?

What are the document you need to show to kwsp?

Hi, I just want to share my experience recently after settle my PTPTN with 20% discount through EPF last November. The process is like this:

1. Go to counter and ask the officer you want to pay in full - then they will ask either cash or other method of payment (such as EPF acc 2)

2. So for me I'm using EPF, then the officer will show you the amount to settle (80%) after the 20% discount

3. Once you agree, the officer will help you to submit the EPF witrawal application on your behalf, you will received the EPF withdrawal TAC code on your phone and just provide the code to the officer to confirm the application. The amount applied is based on 80% of your remaining PTPTN loan

4. Wait for EPF to approve, took me around 1 week (can check on EPF i-account for the status, or call directly)

5. Once approved, need to go to EPF office and bring few ori/copy documents and thumb scan (the PTPTN officer will inform you what to bring on step #3)

6. Wait for EPF to process and transfer the money to PTPN, took me around 3 working days

7. Now PTPTN online statement will automatically deduct 80% of your loan

8. Wait for the 10th day of the next month, and you need to follow up with the officer again (yes, you are the one that need to follow up) to remind them about your 20% discount. It took me 1 working days for the office to settle it.

9. Once that done, the office will give you the loan settlement letter. I received mine through email.

Overall the whole process took me 1 month+ to settle. Hope this info helps.
Tips: It is advisable to apply the full settlement starting 10th day of the month as PTPTN will 'refresh' their account monthly.

If Insurance/Takaful portion is not paid on time, will that scar the CCRIS scoreboard?

is 10% discount applied, if i pay thru jompay every month ?

Or only auto monthly debit will have the 10% discount?

However, i have under paid about RM7K. and just found that i get charged interest every month

Meaning its not worth to take the 20% discount offer?

I remember there was a blog wrote about it with some calculation done to show it is actually worth to take up the offer...

But now the question is, worth to pay by cash or take out EPF?? I'm in tht dilemma now..

Any input from you guys???

anyone using any credit card to pay PTPTN? and get cc point?

Stop judging me. When I took the loan, it was because of the exemption.
If I knew there was no exemption, I would not have taken it.
Now this government change policy like all of the sudden.
Same goes to the time my JPA scholarship was cancelled because the government suddenly ran out of funds although I already secured an offer from UK and ready to go.
More reasons to leave Malaysia.

Hi guys, i applied for the auto debit and every month they will auto deduct from my bank account.. last month i forgotten to top up my account and i got a email saying unsuccessful debits, do i need to manually pay my ptptn or just wait another round for PTPTN to auto direct debit from my account?

Need advice on whether worth pay half or full. Napkin math suggested that even at a reasonable 6% return on investments, the ptptn loan interest I save is next to nothing compared to just lump sum the same amount into robo/index funds... by like 10x amount  at the end of loan duration

No need to overthink le.

Just settle fully and have a peace of mind.

15% guaranteed discount, why not

1st, your 40,000 is reducing every month. So your return will get lesser and lesser. Let's say 2k X 10 years /2 = 10k

2nd, you need to pay 1% fixed interest, which is around 2% interest pe year. So to get 5% return, you will need to aim for 7% guaranteed return, which is hard.

3rd, 6k guaranteed discount Vs 10k (not guaranteed investment). If you settle the loan now, you can increase your DSR and have a peace of mind.

Not worth all the trouble imo, when you can have lump sum 15% discount.

I already made payment through direct debit fee years ago,
My monthly payback amount is 280... so this one discount for 6 months means I will get discount 280 x6 x 10%= 168?
Is it correct?

If discount only 6 months then not worth for the new payers... gained few hundred but need pay monthly.. 
Unless can cancel direct debit after 6 months..? Haha

However of course it is the borrower obligation to pay back what they borrowed

chatted with PTPTN live chat, it seems the 10% rebate is for 6 months (Nov 2021 until April 2022) ONLY, meaning May 2022 direct debit will not entitle for 10% rebate.

with more banks particular PBB removing credit card cash back from reloading e wallet, what will be the next best way to pay PTPTN while earning some points or cash back along the way?