This Scheme was launched in the year 2014, but the respond from Members were not encouraging.
In the year 2019, Koperasi Gemilang Malaysia Berhad re-launched the scheme with guaranteed minimum of 4% Interest P.A on amount contributed, as at every year ending 31st December.
This scheme includes with a Student Personal Accident (PA) Benefit Policy Coverage underwritten by Great Eastern Life Assurance (GELA) for children of age four (4) to eighteen (18) years only.
The monthly Child Savings Scheme of minimum of RM 50.00 can be contributed by Member’s Parents or Grand Parents, who must be a Member of Koperasi Gemilang Malaysia Berhad.
The Schedule of Benefits in respect of the student PA underwritten by GELA, as per the Terms and Condition you may find below.
At the moment KGMB only accepts Physical Applications for Child’s saving Scheme.
For New Child Saving Scheme Offline Application Form, kindly log in to your KGMB Self-Care Account and go to Forms Tab to download it.