Tag: (IPT)

PTPTN Offers Nearly RM500,000 In Prizes Through Simpan SSPN Prime Bonanza Campaign

KUALA LUMPUR, July 1 -- The National Higher Education Fund Corporation (PTPTN) is offering a total prize of almost RM500,000 to 106 winners of the Prime Bonanza Draw Campaign to reward depositors who choose the national education savings scheme Simpan SSPN Prime. In a statement today, PTPTN announced that the campaign will run from today until Oct 31 and features two draw categories -- Platinum and Gold. Under the Platinum category, the grand prize is a Jaecoo J7 2WD PHEV, followed by RM50,000 cash for second place, RM30,000 for third place and 50 consolation prizes of RM1,000 cash each. For the Gold category, participants stand to win a Proton X50 Flagship as the grand prize, followed by RM30,000 cash for second place, RM10,000 for third place and 50 consolation prizes of RM500 cash each. According to PTPTN, depositors only need to open an account or top up their savings during the campaign period, with every net savings of RM100 in Simpan SSPN Prime earning 10 draw entries. “Users who make deposits through the myPTPTN application, salary deductions or direct debit facilities will receive double entries — 20 draw entries for every RM100 of net savings,” the statement said. PTPTN added that accounts must remain active without any withdrawals or transfers during the retention period from Nov 1, 2026, until Jan 31, 2027. PTPTN Chief Executive Ahmad Dasuki Abdul Majid said the campaign reflects the organisation’s appreciation for depositor loyalty while encouraging Malaysians to cultivate early savings habits in preparation for their children’s higher education expenses. Meanwhile, PTPTN also announced that Ahmad Dasuki recently presented prizes to the grand winners of two previous campaigns — Lun Ying Chian, winner of the WOW! Simpan SSPN Plus 2026 Draw under the WOW! Plus Series 1 category, and Heaw Zi Bin, winner of the New Slay! SSPN Slay Draw under the Slay 1 category. The grand winner of the WOW! Plus Series 1 category received RM20,000 in cash, while the winner of the Slay 1 category took home a Yamaha NVX 155 motorcycle. Simpan SSPN offers several benefits, including income tax relief of up to RM8,000 annually, takaful protection for depositors, a free Matching Grant of up to RM10,000 per eligible family, competitive dividend returns, government-guaranteed savings and Syariah-compliant features. Additionally, under the Geran Padanan Ihsan (GAPAI) initiative announced in Budget 2025, students pursuing studies at Higher Education Institutions (IPT) from families earning between RM4,000 and RM6,000 monthly are now eligible to apply for a Matching Grant of up to RM5,000 per family. More information on Simpan SSPN is available via PTPTN’s official portal and the myPTPTN application. -- BERNAMA

KUALA LUMPUR, July 1 — The National Higher Education Fund Corporation (PTPTN) is offering a total prize of almost RM500,000 to 106 winners of the Prime Bonanza Draw Campaign to reward depositors who choose the national education savings scheme Simpan SSPN Prime. In a statement today, PTPTN announced that the campaign will run from today […]