5 Ways To Settle Down Your PTPTN's Debt Faster Than Your Friend



1. Consistently pay back the debt.

The best way for all those PTPTN borrowers to pay their debt is by consistently deposit some amount of money to the PTPTN authority. Either you like it or not, you will be listed in CCRIS if you did not pay it. You can do this to make sure you pay the debt consistently.

First, put aside special funds every month to repay the debt. Do not mix the fund with other cash. It will be much easier if you setup a different account, specifically for the repayment of the debt.

2. Negotiate with the officer.

As we all know, the debt payment will be started after 3 month of graduation. But, not all of us are can get a great job immediately after graduation and if the period to pay the debt kicks in, what you can do?

This is your alternative, you can go to any PTPTN offices, branches or kiosks across the country for negotiation. Provide all the necessary documents and proof that showed you are struggling to find a job and to repay the debt.

Moreover, you also can contact the Marketing Executive of PTPTN personally if you want to negotiate terms of payment.

3. There are more than 3,000 agent out there.

Most of us do not know the truth that PTPTN have more than 3,000 their own branches, offices, or booths around the country. You do not need to go to the main city just to pay the debt. Plus, you also can use the new implemented online system, and JOMPAY.

Furthermore, they have appointed Bank Islam, CIMB Bank, Bank Simpanan Nasional, Bank Rakyat and Pos Malaysia, as their agents. Just go through their counters or the ATM machine.

There must be at least one agent that is close to where you live. No more excuses.

4. Salary reduction.

To make things much easier so that you do not forget about paying the debt, PTPTN also offer payroll deduction system every month that you can obtained via the PTPTN portal.

5. Withdrawal from EPF.

Did you know that you can repay the debt by withdrawing your EPF funds? The application to withdraw money from the account can be made by the borrower and the borrower's parents as long as you meet the following conditions. Easy right?

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