PTPTN Borrowers Affected By Floods To Get Three-Month Loan Deferment
Author Avatar
Image: The Malay Mail

National Higher Education Fund Corporation (PTPTN) borrowers who are affected by the recent floods will be granted a three-month loan deferment as part of the government’s efforts to provide assistance. 

According to Higher Education Minister Datuk Seri Dr Noraini Ahmad, the decision to grant the loan deferment comes from the government whose commitment is to help Malaysian families as well as PTPTN borrowers who were affected by the floods. She also hopes the deferment can help to alleviate the burden of the affected borrowers.

Borrowers can apply for the three-month loan deferment via a dedicated PTPTN microsite or any of its nearby branches during the period from 28 December 2021 to 31 March 2022.

According to PTPTN, borrowers are not required to provide any supporting documents to show proof of being affected by the floods during the application.

The deferment will give the applicant three months’ relief from repaying the loan, starting from the month when the approval is obtained and the subsequent two months. Applicants will receive the approval via email within three business days from the date of submission.

Borrowers can get in touch with PTPTN through its Careline at 03-2193 3000 (from Monday to Friday, 9:00 am to 5:00 pm) or through the website’s Live Chat for more information.

(Sources: The Edge Markets, Free Malaysia Today)

0 0 votes
Article Rating


Comments (0)

Notify of
Inline Feedbacks
View all comments
Top Loans Articles
Post Image
Malaysia Loan Moratorium 2021 Guide: Should You Take The 6-Month Deferment For Your Loans?
Pang Tun Yau
- 9th July 2021
Under the PEMULIH stimulus package, Malaysia will once again see a 6-month moratorium for all loans, applicable to […]
Post Image
Malaysia Bank Moratorium: Why You Should Opt For The 6-Month Deferment For ALL Loans (Updated)
Pang Tun Yau
- 6th May 2020
EDITOR’S NOTE: This article refers to the 2020 loan moratorium, and the information here may be outdated. Please […]
Post Image
5 Things to Know About Car Loans
Desiree Nair
- 23rd January 2019
If you're planning to buy a car; you're going to need a car loan (unless you've got a lot of money in the bank)! We give you a nutshell guide on the 5 things you need to know!
Post Image
Public Bank Extended Moratorium: Flexible Arrangements To Reduce Loan Instalments Until End-2021
Jacie Tan
- 7th August 2020
Public Bank has released the details of its Covid-19 assistance for those who will still be in financial […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image