Simpan SSPN Prime is an education savings scheme established by the National Higher Education Fund Corporation (PTPTN) which encourages Malaysians to save for their children's education needs. The scheme offers various benefits including income tax deduction for the savings. Bank Rakyat is among the financial institutions appointed by PTPTN to provide Simpan SSPN Prime services to customers.
Benefit
- Banking transactions cash deposits, fund transfer, cash withdrawal and balance enquiries
- Available at all Bank Rakyat ATM/CDM/CRM machines nationwide
- Income tax relief of up to RM 8,000 per year based on the current year's net savings amount
For any enquiries, please visit the nearest branch or call our Contact Centre tele-Rakyat at 1-300-80-5454.
*Terms and conditions apply.
