KUALA LUMPUR, Oct 29 — The National Education Savings Scheme (Simpan SSPN) operated by the National Higher Education Fund Corporation (PTPTN) received deposits totalling RM15.94...
PTPTN chairman Datuk Norliza Abdul Rahim speaks to reporters at the closing ceremony of the Simpan SSPN Savings Month 2023 programme in Kuala Lumpur October 29, 2023. — Bernama picKUALA LUMPUR, Oct 29 — The National Education Savings Scheme operated by the National Higher Education Fund Corporation received deposits totalling RM15.94 billion, with a total of 6.11 million accounts, as of Sept 30.
“In fact, Simpan SSPN offers various advantages and benefits, such as income tax assessment relief of up to RM8,000 per year, takaful protection for depositors, Matching Grants of up to RM10,000 for each eligible family, competitive dividend rates, government-guaranteed and shariah-compliant savings,” she said.
She said BMS is a PTPTN signature programme implemented in 2018 as an effort to expand the benefits of Simpan SSPN to the community in conjunction with the World Savings Day that falls on October 31 every year.
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