SAVE AND PLAN FOR KIDS’ HIGHER STUDIES


DO you know that despite the Covid-19 pandemic, you can enjoy rewards while saving for your children’s tertiary education?

The National Higher Education Fund Corporation (PTPTN)’s newly launched Stay Safe & Win SSPN-i 2021 campaign is to reward SSPN-i depositors for their continuous support and also to encourage parents to continue saving for their children’s education in this pandemic times.

The campaign offers almost RM240,000 for 39 winners in its prize draws. Qualification is based on depositors’ net savings during the campaign period from June 1 to Sept 30.

“The new normal requires us to work from home, study online and stay at home. This helps to reduce expenses for travelling, entertainment and social activities,” said PTPTN chief executive officer Ahmad Dasuki Abdul Majid.

“When planning their family’s finances, parents should include saving for their children’s higher education,“ he said at the recent launch of the campaign which was livestreamed via PTPTNOfficial on Facebook.

While parents “stay home, stay safe”, he said, they could save with SSPN-i.

There will be three categories in the draw – platinum (net savings RM15,000 and above), gold (net savings RM8,000 to RM14,999.99) and silver (net savings RM200 to RM7,999.99).There will be three categories in the draw – platinum (net savings RM15,000 and above), gold (net savings RM8,000 to RM14,999.99) and silver (net savings RM200 to RM7,999.99).

“They just need to open an account or make an additional deposit of at least RM200 during the campaign period, and maintain the account for three months (Oct 1 to Dec 31) after the campaign period ends.

“Each RM50 deposit entitles the depositor to a draw, and it is automatic entry,” he said.

There will be three categories in the draw – platinum (net savings RM15,000 and above), gold (net savings RM8,000 to RM14,999.99) and silver (net savings RM200 to RM7,999.99).

In the platinum category, the grand prize winner will drive home a Proton X50; the second prize winner will receive jewellery vouchers worth RM10,000; and third prize winner gets an Apple Macbook Air laptop. The 10 consolation prize winners will receive RM800 in SSPN-i savings each.

In the gold category, the first prize winner drives away with a Perodua Myvi 1.5; the second prize winner will receive a Dell Intel Core i5 laptop; while the third prize winner will take home jewellery vouchers worth RM5,000. The 10 consolation prize winners will earn RM500 in SSPN-i savings each.

In the silver category, the first prize winner will ride home a Yamaha Y15ZR motorcycle; the second prize winner will get a Dell Intel Core i3 laptop; and the third prize winner will receive jewellery vouchers worth RM2,000. The 10 consolation prize winners will earn RM200 in SSPN-i savings each.

SSPN-i account holders enjoy various privileges such as tax deduction for deposits up to RM8,000, competitive dividend, ringgit to ringgit takaful protection and eligibility for PTPTN loan.

Qualifying families (whose household income is not more than RM4,000) with SSPN-i savings can enjoy matching grants of up to RM10,000 per family for their children who are pursuing higher learning.

“SSPN-i is also a shariah-compliant savings scheme, which has been certified by the Islamic Banking and Finance Institute Malaysia (IBFIM),” said Ahmad Dasuki.

He believes that the attractive prizes offered by the Stay Safe & Win SSPN-i 2021 campaign would encourage parents to save with SSPN-i, plan for their children’s future, and enjoy the rewards provided.Opening an SSPN-i account or making a deposit can be done online via www.lovesspn.com





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