How it is calculated
PTPTN’s Ujrah loan uses a flat service charge:
- Ujrah = loan amount × 1% × years of repayment
- Total repayment = loan amount + ujrah
- Monthly instalment = total repayment ÷ number of months
The default repayment period depends on the loan amount:
| Loan amount | Repayment period |
|---|---|
| Up to RM10,000 | 60 months (5 years) |
| RM10,001 – RM22,000 | 120 months (10 years) |
| RM22,001 – RM50,000 | 180 months (15 years) |
| Above RM50,000 | 240 months (20 years) |
The period can be extended up to age 60 by restructuring with PTPTN’s approval, and the 1% ujrah continues. To compare with an ordinary loan, try the loan payment calculator.
Worked example
A RM30,000 loan uses the default 180 months (15 years):
- Ujrah: RM30,000 × 1% × 15 = RM4,500
- Total repayment: RM30,000 + RM4,500 = RM34,500
- Monthly instalment: RM34,500 ÷ 180 = RM191.67
A RM10,000 loan over 60 months costs RM500 in ujrah and RM175.00 a month.
Why your number may differ
PTPTN may round your instalment differently. Takaful and stamp duty are not included. Early or late payments, restructuring and any discount campaign change the amount, and conventional (non-Ujrah) loans are not covered. Your myPTPTN statement shows your actual balance.