A lot people does not know how to pay PTPTN loan Online. There are a lot of conventional method to repayment for PTPTN loan such as walk in to bank, ptptn service counter and POS office. You can check out on few method for Payback PTPTN Loan at imDavidLee.com include payback via EPF withdrawl, and salary reduction.
How to Payback PTPTN loan Online?
My self prefer every thing “E” (Electronically), even register business name online, I also fully done it all over the internet without stepping into the SSM (Suruhanjaya Syarikat Malaysia, business name registration agency).
You can always check your PTPTN loan statement online at www.PTPTN.gov.my, login with your ID, and you will found the detail over there.
1. Access www.PTPTN.gov.my, click on “Semak Penyata” at the right.
2.Login with your IC number and pin number (You can get your pin number while PTPTN send you the statement to your mailing address)
3.Key in the amount you want to pay, eg. RM800, and hit “bayar” You will using MEPS FPX Service to pay your PTPTN loan online.
4. It will bring you to mepsfpx.com.my to choose which bank you prefer, remember to disable your browser pop up blocker before proceed. After select the bank, tick the “agree term and condition” and hit “proceed”. You can choose bank island, cimb bank, hong leong bank, maybank2u, publicbank or RHB bank to pay PTPTN loan online.
5. In this case, I am using public bank to pay my PTPTN loan online, it will bring me to public bank login page. Login as usual.
6.Request Pac number as usual like we want to send money to any 3rd party account.
7. Wait for short messages from your cell phone, it will show your pac number over there, once receive, hit “next”, and key in your PAC number, follow the instruction, the payment will be proceed.
8. After the PTPTN loan payment done, you can print the receipt from mepsfps website too, summary will be shows as:
9. After this, the PTPTN page also will show you a summary, you can print as record too.
All the process above are very simple, also the transaction charges is RM0.50 only, unlike walk in PTPTN load payment at bank or others method which charge more then RM0.50.
Additional Information about PTPTN loan
When people said PTPTN suck blood, PTPNT cheat, you might be not really understand how the process for PTPTN loan. Some said PTPTN loan just like car loan or house loan, no matter how fast you paid them, interest you are unable to avoid, well, this statement is wrong. Some said the admin fees is 3%, interest is 3%, and total up you are actually paying to a blood sucker, well,this statement is wrong too.
Base on above picture, my total loan is RM33,000, start payback PTPTN loan on November 2007, each month charges RM80 is base on the 3% from RM33,000(November and December), no admin fees, no extra charges. Just purely 3% interest rate.
For example, suddenly I win lottery, and payback PTPTN loan RM33,000 within after I study (before November 2007), which mean I does not require to paid any extra charges/interest.
PTPTN reduce interest to 1% since June 2008, Old borrower should know this
While middle of last year, june 2008, PTPTN announce that the PTPTN loan interest rate reduce from 3% to 1%, for old borrower will receive a new loan agreement start from January 2009. But until today, I never receive any new PTPTN loan agreement, also the fees charges every month does not reduce, still 3%. WTF!
I have call up to PTPTN and check, according to the officer, the New PTPTN loan agreement will be send to old borrower by this year, can’t promise when, but within this year. After that, they will do adjustment to our account too, which mean start from June 2008, until now, they charge us 3%, they will adjust, and rebate us 2% from June 2008 until today.
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My name is Calvyn, from PENANG, an IT Engineer, Malaysia LIFE tech blogger. I am an IT Engineer who blog about my LIFE working Experience, such as Technology, Computing, Networking and also my hobbies, Photography.
By panda on Apr 8, 2009 | Reply
wait for them to send out the “new” agreement and then do the re-adjustment….i think by then i’ve already finished paying them back liao :S….mine is a 15 year loan…
By Joanne on Apr 8, 2009 | Reply
I also called to PTPTN on Feb 2009. The staff said everything is in progress and not sure when we cant receive the adjustment agreement. The thing is how they rebate us??
By Alvin on Apr 9, 2009 | Reply
They will readjust all the way back to June 2008, when the 1% is first being announced. That is what i know. But problem is….what if they change it again by 2009? =_= That will certainly complicate things.
Oh, and the calculation, if not wrong is a bit like housing loan. 3% of the 33000 divided by 12 months. So the total interest charge will be that amount for the particular month.
By blinkky on Apr 11, 2009 | Reply
it’s really easy nowadays… =)
By Neo on Apr 13, 2009 | Reply
Can do a lot of things online these days. Good good.
By ahlost on Apr 13, 2009 | Reply
Wow.. should ask friends to come here and read
By spBlogger on Apr 16, 2009 | Reply
3% interest is like house loan.
1% interest is like car loan.
Which one do you prefer then?
By Ah Hong on Apr 20, 2009 | Reply
Good info man…I didn’t know the interest rate was change.
By Sue Ann on Apr 21, 2009 | Reply
I called them somewhere in october last year to enquire that I havent received my new agreement. They said that it will be sent by year end and to call back if nothing arrives at my doorstep. I forgot all about it too and it is April already. I’m sure that many out there hasnt received it too. Anyone got it already?
By eunice on Apr 29, 2009 | Reply
sigh, when are they going to adjust the interest rate?!
By ptptipu on May 9, 2009 | Reply
how come the goverment lie to us, wtf..
By steve ooi on May 11, 2009 | Reply
Hey guyz, i just finished settle my PTPTN.
If you have been blacklisted by PTPTN, here is the solution
http://steveooi.com/ptptn-loan-how-to-get-rid-of-the-black-list
By teo on Jul 25, 2009 | Reply
a very clear guide.thanks a lot
By mamashari on Aug 18, 2009 | Reply
this story recently happen to me , my son was blacklisted without knowing that he has been serve summon by the lawyers of PTPTN.Two years ago when I receive a letter saying that my son has to pay the loan, I have written to the lawyer saying that he is still studying. It is sad that the info given to the lawyer was not send to PTPTN. He has to travel from JB to Singapore . Last week he was block by the imigration. I call PTPTN and they request for me to appeal. I send them the appeal letter but was rejected without any explaination.My appeal stated that I will pay a large sum and the balance will be paid by monthly.My regret is that why PTPTN did not want to see me and listen to my explaination.I need to settle because my son has to travel Urgently, so I ask them what is the exact amount I suppose to pay.But they answer that it has to take 7 days.
Reasons is that there is alot of back log.That this shows that MALAYSIA BOLEH.But after making an havoc and threat atlast with the help of 2 kind officer 1 from the blacklisted dept nd 1 from the legal dept. I manage to get the amount. But I have to pay it by CASH. Just imagine how scared I am carrying the large amount from the bank to PTPTN office KL Sentral. I am lucky that I could settle this but what if at that moment I don’t the money. What will happen to my son who is still studying. I felt pity to those who do not have the resources. Just Imagine student still studying has been blacklisted. But my son’s case is not only one but we got to know that his friend who is still studying has been blacklisted eventhough have written for penangguhan bayaran balik kerana masih belajar.
Pls guys look into how to overcome this problem and be more realistik. Jangan hanya semata mata ini adalah kerja saya.Tetapi harus juga fikirkan sebab sebab mengapa ini terjadi.Harap dapat renungan bersama.
By mamashari on Aug 19, 2009 | Reply
this story recently happen to me , my son was blacklisted without knowing that he has been serve summon by the lawyers of PTPTN.Two years ago when I receive a letter saying that my son has to pay the loan, I have written to the lawyer saying that he is still studying. It is sad that the info given to the lawyer was not send to PTPTN. He has to travel from JB to Singapore . Last week he was block by the imigration. I call PTPTN and they request for me to appeal. I send them the appeal letter but was rejected without any explaination.My appeal stated that I will pay a large sum and the balance will be paid by monthly.My regret is that why PTPTN did not want to see me and listen to my explaination.I need to settle because my son has to travel Urgently, so I ask them what is the exact amount I suppose to pay.But they answer that it has to take 7 days.
Reasons is that there is alot of back log.That this shows that MALAYSIA BOLEH.But after making an havoc and threat atlast with the help of 2 kind officer 1 from the blacklisted dept nd 1 from the legal dept. I manage to get the amount. But I have to pay it by CASH. Just imagine how scared I am carrying the large amount from the bank to PTPTN office KL Sentral. I am lucky that I could settle this but what if at that moment I don’t the money. What will happen to my son who is still studying. I felt pity to those who do not have the resources. Just Imagine student still studying has been blacklisted. But my son’s case is not only one but we got to know that his friend who is still studying has been blacklisted eventhough have written for penangguhan bayaran balik kerana masih belajar.
Pls guys look into how to overcome this problem and be more realistik. Jangan hanya semata mata ini adalah kerja saya.Tetapi harus juga fikirkan sebab sebab mengapa ini terjadi.Harap dapat renungan bersama.
By Carol on Dec 15, 2009 | Reply
Hi Calvyn,
Just a quick question, how do you determine how much to pay at one time? (In your case, saw you paid RM 800)
And the kos pentadbiran – what does that represents?
Thanks!
By calvyn on Dec 15, 2009 | Reply
I do receive a letter from PTPTN asking me to paid by schedule… 15 year schedule, and every year different amount… eg. 1st year paid 90/month, 2nd year paid 110/month, 3rd year paid 130/month….
Is depend on how much you want to paid them actually, they don’t actually care… so i just paid approximate RM600-RM800 every half year.
cost pentadbiran is the interest rate charges to you every month
By Joyce on Dec 22, 2009 | Reply
Hi Calvyn,
I can’t get into e-fes to check my online statement. It keep prompt a window to ask me find a program online?? if there a error of their website or any other problem?
By Chii Chie on Dec 29, 2009 | Reply
Hi, I am currently starting to pay back my PTPTN loan. I realized that my interest is not 1% as mentioned so I had went to the PTPTN office to clarify the situation. The officer told me they had yet to change the interest rate but it is still in the progress, even after a year! So, I had raise this issue to my local assemblywomen recently and they wish to identify loan holders that have yet receive the 1% administration charge from PTPTN. They plan to send a memorandum to the minister’s office thus the more people the better. Please email your contact details should you have not receive your 1% interest to:
edwardling@gmail.com or
hannahyeoh@dapsj.com or
siewfook@gmail.com
By yilt on Jan 6, 2010 | Reply
hi, u mentioned “Base on above picture, my total loan is RM33,000, start payback PTPTN loan on November 2007, each month charges RM80 is base on the 3% from RM33,000(November and December), no admin fees, no extra charges. Just purely 3% interest rate.”
may i know how to calculate this rm80 out?
3% of rm33000 suppose to be rm990?? they every month charge u rm80 for the admin fee??
By calvyn on Jan 6, 2010 | Reply
990 divide by 12 month… imagine u put 33000 in your Fix Deposit, with 3%, each month you will get about RM80 too
By Missy on Jan 23, 2010 | Reply
Hey there..thx for the great info..really help me a lot
Ive recently got a saman letter from PTPTN sigh…checking my statement and its still chargin at 3%…how should i go about it? Waiting for the so call “new contract” or should just start paying? Juz got a job tho.. ;P
By AhBeng on Mar 1, 2010 | Reply
Here’s the “answer” i got from PTPTN :
Sehingga hari ini sebanyak 2 batch peminjam berjumlah 23,602 telahpun ditawarkan. Manakala Batch yang ketiga dijangka akan ditawarkan pada pertengahan Disember 2009. Namun begitu, bagi peminjam yang bercadang untuk membuat bayaran balik sepenuhnya boleh berbuat demikian tanpa perlu menunggu tawaran perjanjian pembiayaan yang berlandaskan syariah dan kadar 1% peratus masih dikira bermula Jun 2008.
Means, if you are to pay “sekaligus” on your balance, they will “re-calculate” your new balance on the new rate pro-rated to June 2008.
By hani on Mar 31, 2010 | Reply
i want to know my ptptn reference number
By Mama pening on Aug 18, 2010 | Reply
my girl is working overseas and sending me money every 2-3 months which I use some to pay the ptptn. The amount paid covers 3 -4 months installments and I make sure it’s at least 2 months advance. Rencently a letter from ptptn stating that there’s 2 months tunggakan . I tried to check online but sesat here where I found all these comments. Do you guys noticed that the kos pentadbiran summed up almost HALF of the monthly payment? And I hate the term kos pentadbiran for I pay one lump sum but they are charging the cost every month. I did try to phone but the lines are busy all the time. Working very hard I see. Can anyone show me (an nearly warga mas ) how to get into the right path to check online? Tq
By Sharon on Aug 22, 2010 | Reply
They are big lier, i called and clarify on when the 1% will make effect. The answer is after i paid my outstanding balance, but at the same time the gal pick up the call told me the system has not ready yet.. it is so misleading =.=’|| anyway, i do paid my outstanding balance and when i check my statement on 15th each month, the interest rate still showing 3%, damn it!!!
By calvyn on Aug 23, 2010 | Reply
Yes, currently I am still paying them 3%
I think they not going to adjust so soon
By joey tan on Aug 27, 2010 | Reply
thanks a lot!