According to the Director of Yayasan Sabah, Datuk Sri Haji Gulamhaidar @ Yusof bin Khan Bahadar, the programme was an incentive from Yayasan Sabah Group to borrowers.“Previously, the 25 per cent rebate was only given to study loan borrowers who wanted to shorten their payment period by at least 75 per cent of the prescribed repayment period.
Interested borrowers must, however, sign the rebate acceptance letter provided,” he said.For that purpose, YSG diversified its payment facilities to make it easier for borrowers to make payments. Throughout the programme, borrowers can make payments online, among other modes of remittance. “Borrowers have various digital payment options, such as the Maybank2u application for Maybank customers and transfers using telegraph and JomPAY for other bank customers.
Source: Loan Digest (loandigest.net)
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