This is an obligatory due that is required from all members monthly to cultivate the habit of thrift. The minimum monthly contribution is $40/- to be deducted from the member's pay packet/GIRO. The maximum contribution is $200.00 per month. The Co-operative will give yearly dividends on these savings based on figures standing at 31st December.

Members are allowed to use their subscription monies as a guarantee against some types of loans taken from the Society.

The Society would refund the subscription monies totally to members when they cease to be members of the Society.

 

It is a good scheme for
members to
save for rainy days
and to build up
their nest-egg for
retirement. It will be an
additional source of
retirement funds
besides the CPF monies.

If you would like to withdraw your subscription savings, please print a Subscription Withdrawal Form and fax to us at 6334-8497




Subscription Savings | Fixed Deposits Savings | Specific Deposit Savings | Share Capital