Are on the run from PTPTN because you failed to pay off according to the schedule or you don’t have cash to pay off your unpaid PTPTN loan? Then you might want to pay them off by using your money in EPF aka KWSP.
Some of us might have been blacklisted because defaulting in PTPTN repayment. If you’ve been working for some time, don’t worry, go check your EPF money ho much you have there and apply to pay off your PTPTN loan. I did it twice and it’s super easy but before that, we must activate our i-account.
How to activate i-account?
This is how I activate my account. I can’t really remember how I do it, but this is a rough idea.
- Visit EPF kiosk, answer few personal question and after that, they will send an activation code to your phone.
- Go to EPF activation page on the link below,
- After account activation, go to login page on the link below,
How to Apply for PTPTN Loan Payment?
After all the activation process, now it’s time to apply fo the withdrawal. After login, just simply go to withdrawal and click on the “new application” on the right.
For PTPTN payment, we can use all the amount left in account number 2. I did withdraw all the money in my account number 2 to pay for my PTPTN.
After the process finished just wait for an SMS sent from PTPTN to ask you to go to PTPTN counter for fingerprint verification.
The SMS should be sent within a few days. I receive mine roughly after 3 days of submitting my application.
When SMS received, go to PTPTN counter, bring Your original identity card and your transcript and also a copy of both.
Once fingerprint verification is done, just wait for a few days, roughly after 1 week and give a call to PTPTN to check whether payment has been made. I’ve done twice withdrawal for PTPTN and both EPF officer told me I will receive SMS notification but I never did. So the best way is to directly check with PTPTN.
So guys if you have not paid you PTPTN, just use this simple method to pay your LOAN.
BTW, It’s our responsible to payback after we borrow the money right? 🙂