|
|
|
MONTHLY BULLETIN - July 2007 - For
Members Only
|
 |
|
Useful Infomation on how
to apply for membership
1. Complete the Application Form
2. Enclose
i. photocopy of I/C
ii. one photograph
iii. photocopy of pay slip
3. Minimum contribution
|
|
Subscription
|
RM25,00
|
|
|
Share CapitaL
|
RM25,00
|
|
|
Group Insurance
|
RM25,00
|
|
|
Total
|
RM75,00
|
|
4. Optional contribution
Dana Restu Crital Illness Insurance
Skim Sihat Sayang
|
 |
|
Applications for the above
loan are
invited. Members must have at least five years continuous membership to
be elligible. If a member is applying on behalf of his child, he must
be a member of the Society for at least ten continous years.
Application forms are available at the office and the closing
date is 30 August
or download form from website here.
The amount of loan advances is subject to the following
limits:-
|
|
for 1 year course
|
RM2,500.00
|
for 4 year course
|
RM10,000.00
|
|
for 2 year course
|
RM5,000.00
|
for 5 year course
|
RM12,500.00
|
|
for 3 year course
|
RM7,500.00
|
for 6 year course
|
RM15,000.00
|
|
The Education Loan Fund Panel
will select
recipients each year for this loan and successful candidates will be
notified in due course
|
 |
|
There have
been some amendments to our loan policies governing the number of
sureties for loans taken. In an effort to ease borrowings, the numbers
of sureties for loans taken have been reduced as follows:
|
|
Loan below RM10,000.00
|
- 2
Sureties
|
|
Loan above RM10,000.00
|
- 3
Sureties
|
|
|
Consumer
Purchase Scheme
|
|
Less than RM 4,000.00
|
No
sureties required
|
|
RM4,000.00 - RM8,000.00
|
1 Surety
|
|
|
The terms and
conditions in respect of eligibility applies and shall be dtermined by
the Board of Directors.
The ruling shall take effect from July 2007.
|
|
|
|
|
