How to pay PTPTN Online + News for Interest Adjustment

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.

ptptn website

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)

PTPTN login page

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.

PTPTN payment

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.

PTPTN bank list

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.

public bank login page

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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38 Responses to “How to pay PTPTN Online + News for Interest Adjustment”

  1. panda April 8, 2009 at 4:16 pm #

    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…

  2. Joanne April 8, 2009 at 5:43 pm #

    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??

  3. Alvin April 9, 2009 at 8:59 am #

    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.

  4. blinkky April 11, 2009 at 5:08 am #

    it’s really easy nowadays… =)

  5. Neo April 13, 2009 at 2:35 pm #

    Can do a lot of things online these days. Good good.

  6. ahlost April 13, 2009 at 2:41 pm #

    Wow.. should ask friends to come here and read :D

  7. spBlogger April 16, 2009 at 10:10 am #

    3% interest is like house loan.
    1% interest is like car loan.

    Which one do you prefer then? :)

  8. Ah Hong April 20, 2009 at 8:30 pm #

    Good info man…I didn’t know the interest rate was change.

  9. Sue Ann April 21, 2009 at 9:57 pm #

    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?

  10. eunice April 29, 2009 at 4:18 pm #

    sigh, when are they going to adjust the interest rate?!

  11. ptptipu May 9, 2009 at 9:41 am #

    how come the goverment lie to us, wtf..

  12. steve ooi May 11, 2009 at 8:33 pm #

    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

  13. teo July 25, 2009 at 11:21 am #

    a very clear guide.thanks a lot

  14. mamashari August 18, 2009 at 5:52 pm #

    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.

  15. mamashari August 19, 2009 at 2:05 pm #

    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.

  16. Carol December 15, 2009 at 1:30 am #

    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! :)

  17. calvyn December 15, 2009 at 9:08 pm #

    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

  18. Joyce December 22, 2009 at 10:37 am #

    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?

  19. Chii Chie December 29, 2009 at 9:48 am #

    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:
    edwar[email protected] or
    [email protected] or
    [email protected]

  20. yilt January 6, 2010 at 1:16 am #

    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??

  21. calvyn January 6, 2010 at 12:29 pm #

    990 divide by 12 month… imagine u put 33000 in your Fix Deposit, with 3%, each month you will get about RM80 too

  22. Missy January 23, 2010 at 10:00 am #

    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

  23. AhBeng March 1, 2010 at 11:28 am #

    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.

  24. hani March 31, 2010 at 12:25 pm #

    i want to know my ptptn reference number

  25. Mama pening August 18, 2010 at 11:38 am #

    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

  26. Sharon August 22, 2010 at 5:48 pm #

    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!!!

  27. calvyn August 23, 2010 at 2:23 pm #

    Yes, currently I am still paying them 3%

    I think they not going to adjust so soon

  28. joey tan August 27, 2010 at 10:31 am #

    thanks a lot!

  29. sham October 1, 2010 at 12:47 am #

    Hi can anyone here pls help me. I have registered for the change of loan intrest from 3% to 1% at this site:
    http://www.ptptn.gov.my/web/guest/anjung
    But i filled up the form incorrectly. I accidentally stated there that i m orphan but in another part of the form i stated that both my parents are still alive. Will they reject my application for this reason. Tq =)

  30. Paul Nathan December 7, 2010 at 10:29 am #

    I’m black listed & barred by imigration.
    Did not pay at all.
    How to make PTPTN payment.?
    Is the EPF 2nd account money can be used to pay some amount. then i would like to continue pay by monthly.
    I really need help.

  31. Joking Corner April 12, 2011 at 3:50 pm #

    Hi

    I had a write up on how to remove yourself from PTPTN Blacklist.
    You can refer here for the article:
    http://jokingcorner.blogspot.com/2011/03/how-to-remove-from-ptptn-blacklist.html

  32. sashi June 12, 2011 at 1:27 am #

    “kos pentadbiran” what does that represents? need clear info on it.

  33. calvyn June 14, 2011 at 10:35 am #

    also know as “interest” for me

  34. JL June 20, 2011 at 6:39 pm #

    hi, may i know when u receive the payment schedule?
    After you graduate?
    one more thing,can we check the payment schedule thru ptptn website?
    About Rm80 charge is only for one year,izit?
    like what you have mentioned “1st year paid 90/month, 2nd year paid 110/month, 3rd year paid 130/month?

  35. bavani ramu July 10, 2011 at 10:15 pm #

    hi there please help me because im received a lawyer notice regarding my PTPTN loan payment. Im studied for program MLVK in year 2004 in com programming. But still now im never ever have any certificate for that but received bank and lawyer notice.what i have to do now? please im realy need a help, im rely in critical situation.

  36. CHONG HIANG YI August 4, 2011 at 4:20 pm #

    Reference to letter from PTPTN ( ref. no. PTPTN/SPP/891201126470 ) dated 25.07.2011 regarding study loan of RN24,000.00

    Wish to enquire why my study loan stated on this letter which is RM6,914.22 This amount of administrative cost of 3% is very high. It work out to be around RM720.00 per annum.

    Please check and reply me soonest.

    Terima Kasih.

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