PTPTN suspends monthly repayments for 3 months

PTPTN says the suspension of repayments will benefit about 1.5 million borrowers and involve up to RM375 million in total.

PETALING JAYA: The National Higher Education Fund Corporation (PTPTN) has suspended monthly repayments until June 30.

In a statement, PTPTN said this was due to the Covid-19 crisis which was causing an impact of people’s livelihood.

It said the three-month suspension beginning today would benefit about 1.5 million borrowers and involve up to RM375 million in total.

PTPTN said borrowers should call its careline at 03-2193 3000 from 9am to 5pm during weekdays or visit its website at www.ptptn.gov.my for further information.

Prime Minister Muhyiddin Yassin had said the country is on a movement control order until March 31 to curb the spread of Covid-19.

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