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- Eligibility to apply for PTPTN education financing with the following conditions:
- For household income exceed RM2,000 per month, a minimum deposit of RM3,000 is required; and
- For household income does not exceed RM2,000 per month, a minimum deposit of RM500 is required.
- (the above term regarding SSPN savings amount has been suspended until further notice. However loan applicants are still required to have a SSPN account with minimum savings amount of RM20 before eligible to apply for PTPTN loan).
- Tax relief on savings up until RM3,000 per year;
- Free insurance coverage up until RM50,000 for depositors who have an accumulated deposit of a minimum of RM1,000 *;
- Matching grant with a maximum endowment of RM10,000 per family **;
- Deposit as low as RM20 at any time deemed necessary and government guarantee on savings;
- Competitive dividend rate and tax exemption on dividend; and
- Over 1,400 agents throughout Malaysia;
- Through Maybank2u Online and ATM (for Maybank account holders and have registered with Maybank2u).
* Eligibility for insurance/death compensation is only for depositors between 18 and 65 years, whereas death compensation is awarded only to beneficiaries aged 1 to 28 years. ** A family whose household income does not exceed RM2,000 per month is eligible for a matching grant when the child is accepted into a higher learning institution.
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