A multi-purpose smart card has been introduced for the benefit of Technical and Vocational Education and Training (TVET) institution students.

The smart card functions both as a student matriculation identity card and debit card.

Some 74,000 students across 86 vocational colleges and nine technical schools nationwide will benefit from this initiative by RHB Islamic Bank in collaboration with the Education Ministry.

“As TVET becomes an essential pillar for Malaysia’s industries and services, RHB is proud to contribute by creating practical, student-friendly financial solutions that support a sustainable talent pipeline,” said RHB Islamic managing director Datuk Adissadikin Ali in a press statement.

The MyTVETKPM nationwide rollout builds on the success of MySiswa, which was introduced in 2022 and reached more than 600,000 students from 20 public universities.

Students can open an RHB saving account to allow them to manage funds, perform cashless payments and enjoy exclusive promotions and discounts from participating vendors and RHB business partners.

“This initiative reflects our continued commitment to empowering students and institute of higher learnings through a holistic financial ecosystem.

“The introduction of a multi-purpose smart card is a tool for accessibility and inclusion – one that promotes better financial management, fosters saving habits, and enables smart cashless campuses across the country,” he said.