Govt announces discounts for PTPTN borrowers

The government has announced discounts on the repayment of loans under the Higher Education Loan Fund (PTPTN).Finance Minister Tengku Zafrul Tengku Abdul Aziz, when tabling Budget 2022 in the Dewan Rakyat this evening, said those who settle their PTPTN loans in full will be given a 15 percent discount.He added that those who opt for partial settlement will be given a 12 percent discount if they settle at least 50 percent of their loan.Borrowers who choose to repay through an automatic deduction of their salary will get a 10 percent discount.