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Yayasan Sabah Introduces 30 Percent Loan Rebate Programme for Students

Kota Kinabalu: Yayasan Sabah Group has unveiled the MADANI Rebate Incentive programme to offer student borrowers a substantial 30 per cent rebate on their outstanding loan balances when they fully settle their loans between April and June this year. Its director, Datuk Seri Gulamhaidar Khan Bahadar, stated that this initiative is part of their effort to reduce the financial burden of borrowers while promoting complete loan settlements. The programme follows the foundation’s achievement of collecting RM6.6 million in loan repayments annually for two consecutive years, 2023 and 2024, demonstrating its strong financial management and borrower commitment.

According to BERNAMA News Agency, to further enhance the loan repayment process, the organisation will launch a new Loan Repayment Portal. This digital platform provides graduates with comprehensive access to payment information, rebate details, loan policies, and FAQs. Borrowers can utilise various payment methods, including Maybank2u for Maybank account holders, as well as JomPAY and telegraphic transfers for customers of other banks. Traditional payment options remain available through counters at Menara Tun Mustapha, Teluk Likas, and the Urban Transformation Centre (UTC) Kota Kinabalu.

Those looking for further information can check out the foundation’s official website at yayasansabahgroup.org.my, its Facebook page, email [email protected], or contact 011-3318 1088.

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