Borrowings from Members Scheme
In order to finance the Koperasi’s core activity, it intends to borrow from members in accordance with Section 50(e) of Akta Koperasi By-Law Section 57(1)(b), Members who have a minimum of RM 1,000.00 in their Share Capital account and whose monthly Share/Subscription contribution is RM 100.00 are qualified to participate in the above scheme
- Select a Repayment plan of your choice and receive interests together with Principle monthly, quarterly, biannually, annually.
- Get up to 80% of the outstanding investment Value as a Collateral Loan
- The Best and secure way to earn a higher interest rate for your funds
- Every Active Principle member with a minimum of RM 1,000.00 in their Share Capital account are entitle to participate in this Scheme.
- You can earn a higher rate of interest.
- If you are already registered with our Online KGMB-Selfcare Account, you can manage and monitor your funds on a Finger tips.
- You can receive up to 80% of your Cash Deposit value as a Cash advance (Collateral Loan)
- The interest rate of the Fixed deposit will remain unaffected until the deposit maturity.
|BORROWINGS FROM MEMBERS INTEREST RATE AND REPAYMENT CHART|
|INVESTMENT AMOUNT (RM)||MONTHLY REPAYMENT||YEARLY REPAYMENT||PAY UP ON MATURITY|
|MYR 10,000.00||MYR 327.77||MYR 266.67||MYR 233.33||MYR 3,933.33||MYR 3,200.00||MYR 2,800.00||MYR 11,800.00||MYR 12,800.00||MYR 14,000.00|
|MYR 20,000.00||MYR 655.56||MYR 533.33||MYR 466.67||MYR 7,866.67||MYR 6,400.00||MYR 5,600.00||MYR 23,600.00||MYR 25,600.00||MYR 28,000.00|
|MYR 30,000.00||MYR 983.33||MYR 800.00||MYR 700.00||MYR 11,800.00||MYR 9,600.00||MYR 8,400.00||MYR 35,400.00||MYR 38,400.00||MYR 42,000.00|
|MYR 40,000.00||MYR 1,311.11||MYR 1,066.67||MYR 933.33||MYR 15,733.33||MYR 12,800.00||MYR 11,200.00||MYR 47,200.00||MYR 51,200.00||MYR 56,000.00|
|MYR 50,000.00||MYR 1,638.89||MYR 1,333.33||MYR 1,166.67||MYR 19,666.67||MYR 16,000.00||MYR 14,000.00||MYR 59,000.00||MYR 64,000.00||MYR 70,000.00|
|MYR 100,000.00||MYR 3,277.78||MYR 2,666.67||MYR 2,333.33||MYR 39,333.33||MYR 32,000.00||MYR 28,000.00||MYR 118,000.00||MYR 128,000.00||MYR 140,000.00|