THE National Higher Education Fund Corporation (PTPTN) recently initiated the Ganjaran Kesetiaan Simpan SSPN Prime 2022 campaign at their announcement ceremony on February 22, 2022.
This year marks the fourth year of the Ganjaran Kesetiaan, and the grant represents an additional return on top of the existing yearly payout of three per cent.
PTPTN chairman Datuk Wan Saiful Wan Jan highlighted that a one per cent payout would be awarded for those who qualify for the Ganjaran Kesetiaan Simpan SSPN Prime 2022 campaign.
"My goal is that the three per cent dividend and one per cent Ganjaran Kesetiaan will pique the attention of the Malaysian people to make Simpan SSPN as their primary savings vehicle for their children's education.
"In addition to the annual dividend, Ganjaran Kesetiaan will be awarded as an additional benefit. Simpan SSPN Prime depositors are encouraged to take advantage of this rare opportunity," added Wan Saiful.
This spells exciting news for depositors who created a Simpan SSPN Prime account from 2004 through December 31, 2018, as they are eligible for the campaign. This campaign runs from February 22 to April 30, 2022.
Unlike dividends, the Ganjaran Kesetiaan Simpan SSPN Prime 2022 campaign rewards depositors for their current-year savings made during the campaign term.
To qualify for the reward, here are a few things depositors need to be aware of:
They must have an accumulated savings of at least RM500 in a qualifying account (excluding current year dividends)
Each account that meets the eligibility requirements will receive a Ganjaran Kesetiaan of one per cent on savings made during the campaign period
Withdrawals are not allowed from any account under the same depositor during the campaign period
Depositors are not allowed to make savings withdrawals from accounts that are eligible to receive Ganjaran Kesetiaan during the retention period
The Ganjaran Kesetiaan Simpan SSPN Prime 2022 rate offered is one per cent on savings, with a maximum of RM8,000 in Ganjaran Kesetiaan to be deposited into eligible accounts, depending on the actual amount of savings achieved throughout the campaign period.
Additionally, the Ganjaran Kesetiaan is automatic and will be credited to qualified accounts in August 2022.
To check dividends on their savings statement, depositors can do so via the official PTPTN portal starting from February 25, 2022.
Depositors can also make additional savings online, at PTPTN branch counters, or through appointed legal agents.
For more information, visit PTPTN's website for more frequently asked questions, as well as terms and conditions.
