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How To Payback PTPTN Loan ?

Mostly I will choose to payback more than the original installment amount because if the borrower settles the PTPTN loan earlier, then the PTPTN loan interest charge will be reduced based on the remaining monthly balance.

Assume monthly PTPTN payment is MYR 100 and each time transaction cost is MYR 2, therefore the transaction cost is 2% (MYR 2/MYR 100). If pay half yearly on the same amount which is paying MYR 600 and transaction cost is MYR 2, therefore the transaction cost is only 0.33% (MYR 2/MYR 600). Most important is, think about the convenience…

Method of PTPTN Loan Repayment

i) Through FPX (Financial Process Exchange), you need to have an account with any bank with FPX and be registered as an Internet banking service.

ii) Through bank draft/money order, it must be crossed and made payable to PERBADANAN TABUNG PENDIDIKAN TINGGI NASIONAL. Post your payment by using an envelope to:

National Higher Education Fund Corporation
Lot G2, Ground Floor, Wisma Chase Perdana
Off Jalan Semantan, Damansara Heights
50490 Kuala Lumpur
(Attn: Receiving Unit)

*Make sure your identity card no and full name are written on the reverse side of the bank draft/money order.

iii) Through Internet banking, you must have an Internet banking account in these banks if you really want to make online payment:
internet banking

iv) Through cash payment:

– PTPTN Services Counter
– Bank Islam
– Bank Simpanan Nasional
– POS Malaysia Berhad

Loan Repayment Through Salary Deduction


If you wish to repay your loan by salary deduction then you should provide details about your employer name, address and telephone number to LHDN. You will receive a copy of the salary deduction instructions from the IRB to your employer. However, IRB will take about 1-3 months to implement repayment by salary deduction.

Loan Repayment Through EPF Withdrawal


Debtors should submit an official letter to PTPTN stating the intention to repay loan via EPF withdrawal. Within 3 working days, PTPTN will produce a Loan Balance Confirmation Letter for debtors to submit to EPF accompanied by the EPF form.

Tags: December 17th, 2008 Posted in Finance Tips, Loan | 40,019 views

12 Responses to “How To Payback PTPTN Loan ?”

  1. Calvyn Says:

    I start to pay back them RM600 every half year… now the interest drop to 1%, this is very good for me

  2. erlynda Says:

    thanks for sharing! i’m under ptptn loan now also. have been wondering about how to pay for quite some time. hehe..

  3. Simon Says:

    with current ptptn loan interest rate, you can with held ur repayment and clear other nasty debt first..


  4. How to Payback PTPTN Loan online | IT Engineer's Blog, Malaysia Life Tech Blog Says:

    […] such as walk in to bank, ptptn service counter and POS office. You can check out on few method for Payback PTPTN Loan at include payback via EPF withdrawl, and salary […]

  5. szern9356 Says:

    Maybank and RHB charge RM1 per transcation now.. i pay when every i have money.. hehehee

  6. Kris Says:


    Are you sure that PTPTN interest rate is only 1%. I called them before, and the idea is announced BUT yet to be implemented!!!

    Do tell me if i am wrong…hopefully i am wrong..!!

  7. Steve Ooi Says:

    Hey guyz, if you are blacklisted by PTPTN like me, here is the solutions

  8. Lost Says:

    what happen if I lost the offer letter number? As it is required for internet banking. Are PTPTN able to check it?

  9. siti Says:

    How should i pay , if i lost the offer letter number? It required for internet banking?.
    What is the PTPTN office contact number?

  10. 英语学习 Says:


  11. alvin Says:

    May i to know how can i apply the PTPTN loan???wat the terms and conditions need???pls……thanks anyone in advanced

  12. highwind Says:

    If you are interested of removing your name from PTPTN blacklist, you can follow the blog post below:

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