Saving for The Future (SiMaPan)

Saving for the Future is a savings plan specifically designed to help co-operative members prepare and realise their future dreams with a greater sense of certainty. Saving is a healthy financial habit and a way to manage and plan your future finances. By setting aside money on a regular basis, you get in the habit of saving and improve your overall financial stability as a result. There are many reasons for saving, such as: financial needs for retirement, providing education funds to enable your children to enter college, and creating availability of funds for religious ceremonies.

By saving, you can better plan your finances to fulfill those needs, including the unforeseen ones that can confront you at any time. Your monthly deposit is a set figure ranging from Rp 50,000 to Rp 5,000,000 over a minimum period of 2 years. The interest rate is 8% per year. The amount of funds received at the end of the programme is the total sum of all deposits plus interest in accordance with the terms and conditions of the plan.