RHB Islamic Bank Berhad in collaboration with the Ministry of Higher Education recently commenced activation of the Kad Prihatin Siswa Project for over 60,000 students from Universiti Teknologi MARA.
The card is specially developed as a multi-purpose smart card, which functions as the student matriculation card, also doubling as an RHB Pro Savings Account-I debit card for students in public universities. This provides students with an integrated one-card-for-all usage, which gives them access to university support services such as attendance systems, door access, library services and allows them to access and manage their funds, besides benefitting from cashless payment solutions. In addition, students will also be able to enjoy exclusive discounts and numerous promotions from various participating merchants ranging from food & beverage (F&B), transportation, education, e-sports and gaming, lifestyle-related products,RHb and services, as well as access to an array of telecommunication packages.
“The initiative in collaboration with Ministry of Higher Education reinforces our commitment in promoting financial inclusivity amongst Malaysian youths, especially university students. As the sole banking partner, RHB Islamic will be offering banking services together with specially designed RHB Debit Cards which double as university matriculation identification cards to about 1.2 million students from 20 public universities nationwide over a period of 5 years. This allows convenient access and management of their funds, including the distribution of Perbadanan Tabung Pendidikan Tinggi funds that are received exclusively through their RHB Pro Savings Account-i. As part of our efforts in amplifying financial inclusivity, RHB Islamic aims to complete the KPS activation to 20 public universities across Malaysia by May this year. More information on the KPS project will be announced in due course,” said Dato’ Adissadikin Ali, Managing Director, and Chief Executive Officer of RHB Islamic Bank Berhad.
RHB Islamic completed the signing of the collaborative agreements with public universities in 2022 and facilitated approximately 440,000 RHB Pro Savings Account-i account openings under the initiative to-date.
