"Rugi Tak Buat" — Malaysian Parents Share Why It's Worth Saving With Simpan SSPN
PTPTN recently declared its highest dividends in 10 years!
Published for PTPTN, 28 May 2025, 04:10 PM
The National Higher Education Fund Corporation (PTPTN) recently celebrated a major milestone with the announcement of a 4.05% dividend Simpan SSPN payout for 2024
In fact, the dividend is a 0.45% increase from the previous year at 3.60%, and the highest in the last decade for Simpan SSPN. The 2024 dividend distribution directly benefits 6.77 million Simpan SSPN depositors, with RM439.87 million being credited into their accounts.
38-year-old Mohammad Safwan, a long time Simpan SSPN depositor, shared how he's been saving each month since his son was born
"I think Simpan SSPN is good for parents. Since my son was born, I've been using the monthly auto deposit feature, and once the money goes inside, I don't touch it any more. He's now seven years old, and it's encouraging to see the savings amount growing.
"If you do the calculation, with RM100 a month, you can save a lot with the Simpan SSPN's high dividends. After 18 years, it will definitely help pay for your child's education," he shared.
Plus, with the income tax relief, rugi tak buat!
For Nur Farah Sahira, a mother of a three-year-old and one-year-old, she just started saving with Simpan SSPN upon hearing about the high dividends it offers
"I baru decided to start after hearing about the high dividends, sebab it will be good for their future. And I think Simpan SSPN is a trusted source to save for my kids' education," said the 27-year-old.
"Parents should consider starting to menabung for their kids. Even if it's painful now, it's worth it for their future," she added.Jeremy Ng, a 31-year-old father, also started saving with Simpan SSPN for his child after considering various investment options
"If you're looking for a secure, reliable way to save for your child's education in the long-term, it doesn't get much better than Simpan SSPN. In fact, I've always heard good testimonies from other parents, but I only decided to start earlier this year.
"After hearing of Simpan SSPN's high dividend announcement, I wish I had done it sooner! But better late, than never," said Jeremy.
With Simpan SSPN's dividends, you could boost your child's long-term education savings or even take a portion out for a much-needed getaway or lifestyle purchase — it's up to you!
If you're an existing depositor or thinking of opening a Simpan SSPN account, this announcement signals a great time to start or increase your savings.
Beyond the dividend, PTPTN has also launched its Ganjaran Kesetiaan Simpan SSPN Prime 2025 Campaign, rewarding selected depositors with an additional 1% bonus if they make a minimum deposit of RM1,000 between 1 May and 31 July 2025.
The loyalty reward is a fantastic opportunity for long-term savers who opened their accounts between 2004 and 2021. For example, a depositor who qualifies for both the 4.05% dividend and the 1% loyalty reward could see much greater returns on their savings.
Ultimately, Simpan SSPN continues to be one of Malaysia's most reliable, tax-efficient and Shariah-compliant savings options
Whether you're saving for your child's education or building your future financial security, now is a great time to get involved and take advantage of these incredible returns.
