{"id":15122,"date":"2020-09-22T13:03:59","date_gmt":"2020-09-22T05:03:59","guid":{"rendered":"https:\/\/www.everydayonsales.com\/news\/?p=15122"},"modified":"2020-09-22T13:03:59","modified_gmt":"2020-09-22T05:03:59","slug":"jom-simpan-sspn-i-with-4-payout-interest-rate-in-every-recent-years","status":"publish","type":"post","link":"https:\/\/www.everydayonsales.com\/news\/jom-simpan-sspn-i-with-4-payout-interest-rate-in-every-recent-years\/","title":{"rendered":"Jom Simpan SSPN-i With 4% Payout Interest Rate In Every Recent Years!"},"content":{"rendered":"

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Jom Simpan SSPN-i With a 4% Payout Interest Rate In Every Recent Year!<\/p>\n

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With the recent interest rate cuts by the National Bank and the economic downturn, the returns of many savings instruments have also become lower.\u00a0Take time deposits, for example, if the bank introduced a time deposit discount, the general annual return rate was over 4%, but now even if the bank launches a time deposit discount, the annual interest rate is only about 2.5%!<\/span><\/p>\n

Not only fixed deposits but many other trust funds have lower and lower return rates. For example, ASM 1, under the National Savings Fund ASNB, had a dividend of more than 6% before, but this year’s dividend has dropped to 4.25%!<\/span><\/p>\n

Therefore, many people are looking for other investment or savings tools that can obtain higher returns, but not everyone wants to try stocks, which are relatively high-risk investment tools.<\/span><\/p>\n

Therefore, here is the National Education Savings Fund SSPN-i, one of the savings tools that can obtain higher returns than fixed deposits without any risk.<\/span><\/p>\n

The National Education Savings Fund SSPN-i is an education fund launched by the government. This education fund is divided into several groups, including parents who can help their children open an account, or Malaysian citizens over 18 years old, or for themselves Open an account!<\/span><\/p>\n

Malaysian citizens over the age of 18 can open an SSPN-i account for themselves. After opening an account, they can freely choose how much deposit they want to deposit.\u00a0In other words, if you want to save, you can save money online at any time, but if you feel that you have a tight hand these months, you can also skip saving.<\/span><\/p>\n

What many people care about most is the actual payout ratio.\u00a0SSPN generally announces its dividend payout rate at the end of January or early February each year. In recent years, the payout rate has been over 4%!\u00a0Higher than fixed deposits.<\/span><\/p>\n

SSPN-i’s crediting interest rate over the years:<\/span><\/strong><\/p>\n