What is RHB ASB financing?

With RHB ASB Financing, you can enjoy a high margin of financing from RM20,000 to RM200,000 and flexible financing tenures up to 40 years, or upon reaching 65 years old, whichever is earlier; subject to entry age of 60 years old.

What is profit rate in ASB loan?

Profit rate of Base Rate (BR) + 1.20% p.a. Enjoy a stable Profit Rate throughout your financing tenure; of which is being capped at Ceiling Profit Rate (CPR) of 10.75%. Financing Tenure. From 5 years up to a maximum of 40 years or 70 years of age (whichever is earlier). Financing Amount.

Can I withdraw ASB loan?

You can only withdraw up to 3 times in a month. Minimum withdrawal amount is RM 100 per transaction.

Is ASB risk free?

ASB is attractive and well accepted by all Bumiputeras due to its low risk with high dividend returns and provides additional bonuses to the investors. Always buy into it if you can. And if you do not have sufficient savings to invest in ASB, you can always consider taking up an ASB loan.

Where can I withdraw my ASB?

7. Can I withdraw my ASB investment via Maybank2u.com? At the present time, you can only purchase additional investments via Maybank2u.com. Withdrawal must be done over the counter at Maybank branches, fully operational ASNB offices and at any ASNB agents.

How do I apply for ASBF?

Required Documents

  1. Photocopy of your National Registration Identity Card (NRIC)
  2. Photocopy of your latest 3 months pay slip / other proof income e.g.: Bank Statement.
  3. Screenshot of your ASNB unit holder account number.

How much can you put in ASB?

ASB has an input limit up to RM200,000 meaning investors can only increase their investment amount until the input limit. However, the fund has no upper limit on the value of the account. Hence, capital gains that are retained in the ASB account is allowed to cause the total amount in the account to exceed RM200,000.

How is ASB calculated?

How is zakat calculated for ASB investment? The zakat rate for ASB investments is 2.5% from the total balance of investment (RM), as at 31/12/2021. For ASB financing or blocked unit for Hibah, these amounts are not included in the zakat calculation.