On the Budget 2019 (back in Nov 2nd), our finance minister, Lim Guan Eng, has informed that all PTPTN borrower are mandated to clear off their PTPTN loan
So if you’re one of those haven’t clear off your PTPTN loan then this would be a good news for those who still have PTPTN loan where you are eligible for 10% or 20% discount off you loan amount and this is valid till end of this year (31st Dec)
But there would be a catch to it where the borrow is eligible for this 20% discount if he/she is able to clear off his/her PTPTN loan. Or if you can opt for the 2nd option which you will be eligible for 10% off if you are able to clear off at least 50% of the remaining loan in one payment
It’s understood not all are able to pay off and government would want to help them where they are allowing you to pay off using the KWSP account 2
But if you need to use your KWSP account 2, you would firstly need to apply for KWSP i-Akaun first. First, you would need to do a fingerprint with matching of IC to do the verification from KWSP then only you can visit the KWSP website for activation.
if you need a full guidande, a Twitter user has thought the step by step to clear off your PTPTN using KWSP Account 2 through here phone.