Teacher’s Children Study Grant

Terms & Conditions :

For Programmes

KOJADI Loan Facility.

1. The applicant(s) must be a member of KOJADI with RM500 initial shares in KOJADI.
2. At the time of application for a loan, the applicant (student) must have gained admission to an approved institution of higher learning locally or abroad.
3. The loan amount is subject to the discretion of the Board based
4. The loan application normally takes 30 working days to process.
5. The applicant (student), co-applicant and guarantor(s) are then required to complete
   and submit the necessary loan documents within 2 months or else the loan offer will
   lapse.
6. The loan applicant must provide a co-applicant and guarantor(s) to secure the repayment of
   the loan (Note: co-applicant and guarantor(s) has to be two separate individuals)
   • For loan amount applied for RM70,000 and above, the monthly income of co-applicant
     shall not be less than RM4,000
7. A person may qualify as a co-applicant and guarantor(s) on fulfilling the following conditions
   • He/She is a Malaysian citizen and preferably aged between 21-60 years;
   • He/She is free from any criminal records and is not a bankrupt
   • He/She fulfills any other conditions that may be imposed by the Board from time to time
8. Koperasi Jayadiri Malaysia Berhad
   • Address : 11th Floor Wisma MCA, 163 Jalan Ampang, 50450 Kuala Lumpur 
   • Tel : 03 21612840
   • H/p: 010 7959330
   • Fax : 03 21612840
   • Email : loan@kojadi.com.my
   • Website : kojadi.my

Banks

1. Loans by banks are normally personal loans,  subject to terms and conditions stipulated under the bank regulations.