MEMBER BENEFITS
Financing Facility: KOSPETA members who are registered and meet the funding conditions that have been set, are invited to apply for funding from various financing plans provided specifically to ease the burden of members.
The financing offered is real estate financing, investments, cars, studies, emergencies and more.
Secured Loans (4201) Personal Loan Koperasi Kospeta Malaysia Berhad
The financing amount of RM 80,000.00 under this scheme is limited to 30 months of the applicant’s salary mixed with the total capital fees paid and DEDUCTED all member liabilities to the cooperative excluding the secured financing scheme.
Members are eligible to make this application subject to the following conditions:-
- Has no debt balance of 90% financing scheme or instant financing scheme.
- Requires at least 4 guarantors consisting of qualified members (the total guarantee liability by the guarantors is either associated or separate covering the entire amount of the financing)
the repayment period of the financing is not more than 120 months. - Service charge is 5.2% per annum.
- Financing repayment for the purpose of making a new financing application can be done provided a service fee of RM10.00 is charged.
- Original and current salary statement.
- Contract workers submit the latest contract letter.
- Members are not eligible to apply for new funding until the previous funding has been fully settled.