1. What is MamaSavings Plan?

The MamaSavings Plan is a fixed return deposit account which aims to provide depositor(s) with greater returns in their savings (as compared to deposits in general) that complies to the Shariah principles.

2. How MamaSavings Plan benefit you?

*You are getting returns with up to 9%.

3. What is the principal investment strategy of MamaSavings Plan?

The Monies that deposited into the Mamasavings will be utilized for a Shariah-Compliant personal financing scheme called the PapaFinancing Shariah-Compliant Financing Facility offered to Koperasi Simpanan Dan Kredit Bersatu Malaysia Berhad’s members who are government servant of which repayment is via ANGKASA deduction.

4. Who can participate in the MamaSavings Plan?

All members of Koperasi Simpanan Dan Kredit Bersatu Malaysia Berhad.

5. Is MamaSavings an approved plan?

Yes, MamaSavings is a fixed return Shariah-Compliant deposit scheme that is designed to be in full compliance with Suruhanjaya Koperasi MalaysiaGuidelines GP9 – Garis Panduan Mengenai Pengambilan Simpanan Khas Dan Deposit atau Penerima Pinjaman (“Recruitment of Special Savings & Loan Deposit Receipt”).

6. How much can a depositor invest in the Plan?

*A minimum of RM5,000 is required to invest in the Plan.

7. Can the Depositors withdraw their investment before maturity?

Yes, the Depositors can withdraw their investment before maturity subject to the withdrawal policy applied.

8. How to invest?

Members can forward their application via mail/email/walk in to Koperasi head office at the Gardens, Mid Valley City.

*(Terms and conditions applied).