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Kelab Penabung Muda

Explore the wonders of having your own savings! Kelab Penabung Muda is an association for youths to venture into their profits via the convenience we offer. As a member, you are also eligible to participate in the Skim Galakan Simpanan Pelajar (SGSP), a ‘savings competition’ that offers various prizes to those who save. 


» Open to students aged 7-20 years old.
» Malaysian citizen.
» GIRO Account Holder.
» Maintain minimum balance of  RM160* in GIRO Account.
» Completed Kelab Penabung Muda Application Form (duly signed
   by Parents / Guardian).
» Perform maximum of only ONE withdrawal per month.


»  Automatic cessation of membership occurred upon KPM
    members attained the age of 21 years old.

How Do I Become a Member?

» Open BSN GIRO Account with minimum amount of  member must 
» Ensure that you maintain minimum balance of RM160* in your account, at all times.
» Fill in the Kelab Penabung Muda Application Form and send the completed
   form to any BSN Branch.
» Upon approval, you will receive a Kelab Penabung Muda Membership Card,
   along with
several souvenirs.


  »  The Bank will freeze your savings of RM150 to ensure that you are able to enjoy the perks of being a
Penabung Muda member.


Features & Benefits

»  Membership Card: You will receive a KPM Membership Card for FREE. The Membership Card will be mailed to
    the given address in minimum period of ONE month and subject to the stock availability from the effective date of  
    membership. This card entitles you for discounts at the KPM Strategic Business Partner (Subject to their Terms and 
»  Activities: Explore  the possibilities when you join our educational activities such as;  Seminars, Motivational Courses,
    Camping Activities, Sports Clinic,  Science Exploration and lots more!
»  Tutor Online: Subscribe to Tutor Online. Discounted price only for Kelab Penabung Muda members.
»  Personal Accident Takaful: 24-Hours coverage worldwide ONLY for Kelab Penabung Muda members with freezed
    minimum balance of RM150* in their account. 

Description Coverage
Permanent disability and death caused by accident. Ten (10) times the amount of savings up to RM50,000
(minimum savings of RM150)
Funeral expenses RM3000


»  For insurances / takaful claim purposes alln original documents must be submitted within (2) months from
    the date of accident.
»  The Takaful coverage is made effective upon the Banks's approval of becoming a Kelab Penabung Muda  
»  Subject to the Terms & Conditions of the Personal Accident Takaful.


»  Gifts and Souvenirs offered:

Amount of
Coins Box Membership Card Pencil Box / Case Hat Water Tumbler T-Shirt


*Effective 26 March 2013, new KPM membership registration is entitled to get 1 FREE unit of coin box.

1 FREE unit of coin box give away is not included for addition  (top-up)of KPM freezed amount (only eligible for KPM addition encouragement items only).

Eg: KPM member with the freesed amount of RM150 performs addition (top-up) to RM300 -  eligibleto receive a  hat and water tumbler, but not eligible for 1 FREE unit of coin box.


Kelab Penabung Muda (Effective 1 December 2013)

Balance in Account Profit Rate
RM150 to RM25,000 1.20%
Above RM25,000 1.70%


»  Payment of profit will be credited to your account annually.
»  You are allowed to perform a maximum of only ONE withdrawal per month to receive an effective rate.
    If withdrawal  is performed MORE than once in the same month, the calculation of profit rate will be as
    BSN GIRO Account profit sharing rate. To enjoy your Kelab Penabung Muda rates, member must 
    ensure they maintain minimum balance of RM160* in their account at all times.
»  *RM150 freezed and minimum balance of RM10 in account.


Fees & Charges

»  RM5.00 will be charged for the lost or damage of KPM Membership Card.
»  Bank will issue a new card and post it to the member’s address.


Contact Us

For more information about Kelab Penabung Muda BSN, please contact us at:

Tel: 1300 88 1900
Email :



Important Note: All BSN’s Deposit products are guaranteed by the Malaysian Government.