This scheme is specially focused on our members' individual abilities, creating investment convenience resulting in steady growth of their wealth. The major benefit of this scheme is that members can make monthly contributions while there is the opportunity to increase their contributions at regular intervals.
Features & Benefits
1. Members shall make a monthly contribution into the cooperative.
2. Monthly contributions by members shall be divided into 2 parts:
a. Investment Contribution - 60% of monthly contributions
b. Savings Contribution - 40% of monthly contributions
3. Members can access no more than 40% of both Savings and Investment Contribution after 1 year which is designated as the life span of the investment activities of the cooperative.*
4. Members can increase their contributions at regular intervals
5. However, for loan facilities, members shall have access to 200% of total amount on both 'Savings and Investment Contributions'.
Return on Investment
1. Savings Contribution - 30% of yearly return on investment of profit allocation will be shared by contributors
2. Investment Contribution - 45% of yearly return on investment of profit allocation will be shared by contributors