Floods: PTPTN offers up to three-month loan deferments to flood-affected borrowers.

Published by Afterschool.my on Dec 28, 2021, 04:19 pm

The National Higher Education Fund Corporation (PTPTN) is allowing borrowers who have been impacted by recent floods to postpone their student loan payments. Affected borrowers can submit deferral requests online or at any PTPTN branch office starting today (December 28th, 2021).

If you're affected, you can seek to defer payments of your student loans until March 31, 2022. Borrowers are not needed to produce or exhibit any supporting papers throughout the application process.

The deferment of loan repayment will be granted for three months from the month the application is approved, according to PTPTN. Borrowers will be notified through email if their application is approved within three working days of submission.

All borrowers are urged to update their contact information so that they can be notified when their deferment application is approved. More information will be available on the PTPTN website, and if you have any questions, you may call their careline at 03-21933000 between the hours of 9 a.m. and 5 p.m., Monday through Friday.

The option to defer repayments, according to Higher Education Minister Noraini Ahmad, is in keeping with the government's desire to provide relief to individuals who are affected. She believes that the payment deferments will help affected borrowers.

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