Floods: PTPTN grants loan deferments up to 3 months for affected borrowers

The National Higher Education Fund Corporation (PTPTN) is offering borrowers who are affected by the recent floods the option to defer their student loan repayments. Affected borrowers can submit their deferment requests starting tomorrow (28th December 2021) online or at any PTPTN branch offices.

If you’re affected, you can apply to defer the student loan repayment until 31st March 2022. During the application, borrowers are not required to submit or present any supporting documents to apply.

According to PTPTN, the deferment of the loan repayment will be given for a period of three months from the month the application is approved. If the application is successful, borrowers will be informed via email within 3 working days from the date of submission.

All borrowers are reminded to update their contact information so that they will be informed about the approval status of their deferment application. More information will be published on PTPTN’s website and if you have any questions, you can contact their careline at 03-21933000 between Monday to Friday from 9am to 5pm.

According to Higher Education Minister Noraini Ahmad, the option to defer repayments is in line with the government’s aspiration to provide relief to those who are affected. She hopes that the payment deferments would ease the burden of affected borrowers.

In case you missed it, Tenaga Nasional Berhad is offering a one-off December 2021 electricity bill waiver for domestic users who are affected by the floods. Meanwhile, TM is offering 2 weeks subscription waiver to affected Unifi customers and they are also offering free Unifi equipment replacement with no extra charge or contract extension.

[ SOURCE, IMAGE SOURCE ]

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