Kuala Lumpur: RHB Banking Group, through its subsidiary RHB Islamic Bank Bhd (RHB Islamic), has launched a new initiative called RHB MyTVETKPM. This multi-purpose smart card is designed specifically for students in technical and vocational education and training (TVET) institutions. The initiative was launched in collaboration with the Ministry of Education (MOE) and aims to benefit 74,000 students across 86 vocational colleges and nine technical schools nationwide.
According to BERNAMA News Agency, RHB Islamic managing director Datuk Adissadikin Ali stated that the smart card serves dual purposes. It functions both as a student matriculation identity card and an RHB debit card. He emphasized that the launch of MyTVETKPM aligns with the Malaysian government’s goal to enhance the TVET sector. As TVET becomes crucial in Malaysia’s industrial and services sectors, RHB is contributing by offering practical financial solutions to support a sustainable talent pipeline.
Adissadikin noted that the MyTVETKPM initiative builds on the success of MySISWA, a similar student banking solution launched in 2022, which reached over 600,000 students from 20 public universities. As part of the onboarding process, students will open an RHB Pro Savings Account-i. This enables a comprehensive ‘one-card-for-all’ experience, allowing them to manage funds, make cashless payments, and access exclusive promotions and discounts.
The benefits of the card cover a variety of participating vendors and business partners of RHB, including sectors such as food and beverages, transport, education, lifestyle-related products and services, as well as telecommunication and data packages.
The collaborative agreement supporting this initiative was signed in 2024 between RHB Islamic and Yayasan Didik Negara, the official philanthropic arm of the MOE. The pilot project began on April 29 with 151 students from Kolej Vokasional Nibong Tebal activating their MyTVETKPM cards. Recently, another 391 students from the same institution activated their cards.