7th October 2022 - 1 min read
As part of Budget 2023, PTPTN repayment discounts will again be offered to borrowers. Set to start from 1 November this year, the discount rates are actually higher than the one announced in last year’s Budget.
To further encourage PTPTN borrowers to repay their student loans, Budget 2023 also includes special discounts for PTPTN repayments, broken down by the following:
The discount rate for this year is higher than last year, which were in the range of 10-15%. Regardless, those interested to repay their outstanding PTPTN balance can enjoy the new discounted rate from 1 November this year until 30 April 2023.
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