I still have a few more years to go before I settle my PTPTN (Perbadanan Tabung Tinggi Pendidikan Nasional) study loan. I can choose to settle the study loan with one lump sum payment. But, given the option to repay the study loan on monthly basis with low interest rate, it is best to pay according to the agreed schedule.
I remember when I first made the repayment to PTPTN few years back, it was difficult as not many repayment options available. The easiest way for me was to open a current account with a local bank and issue the cheque and post to PTPTN on monthly basis. But, later I found that there are other payment option available such as through online payment, which is much more easier, convenient and save a lot of time and money. Now, you can make online PTPTN repayment through most local banks. The charges for online payment is RM1 for each transaction. Other than through ebanking, you can also made the repayment by using bank draft, money order or payment through PTPTN service counter and selected local bank counter.
For the complete list of payment option, you can refer to PTPTN website.