i can confirm that lasb under mayban islamic, there is no locking period anymore

however, under mayban conventional, there is 2 years lock-in period..

Good decision to invest in as1m
I think as1m already sold out even before the 1st dividend announcement. I think April / May 2010 already sold out

To be fair, a fund like ASB will never be fully taken up. It's an open ended fund so essentially, there's no way for ASB to be fully subscribed. AS1M however is picking up quickly due to the fact that there's no individual cap on the amount that can be invested. Looking at how ASW, ASM and ASD have been scooped up by bumi's, AS1M should be taken up completely in the near future.

really rugi

chinese cannot top up

the chinese kuota also snatched by rich chinese

the poorer chinese accumulate money and want to dump in but full already

india kuota still got also

heard got muthu bank in rm50k last week

i did yterday at post ofce, and suddenly the staf give salam to me and smile..
and thumb up for my saving asb. 

http://brunialamira.blogspot.com/

Wanna ask u all..

I'm saving up to RM1.5k per month in ASB but not in one lump sum. The following will explain :-
01.xx.13 = RM500 --> from my salary.
08.xx.13 = RM800 --> other source of income.
26.xx.13 = RM200 --> balance of my salary.

My question is, should I wait till 26.xx.13 every month to put one lump sum into ASB account?

Thanks.

i see.. thanks ya.. becoz some people say the dividend is based on the lowest $$ that you put in on that particular month..

so based on the above scenario (i gave earlier) does my dividend is based only on RM200 or the whole RM1500?

Wanna ask u all..

I'm saving up to RM1.5k per month in ASB but not in one lump sum. The following will explain :-
01.xx.13 = RM500 --> from my salary.
08.xx.13 = RM800 --> other source of income.
26.xx.13 = RM200 --> balance of my salary.

My question is, should I wait till 26.xx.13 every month to put one lump sum into ASB account?

Thanks.

so based on the above scenario (i gave earlier) does my dividend is based only on RM200 or the whole RM1500?

Thanks for the info.

Now in a different scenario.
Say in July he took out RM 5,000 but replaces it a few days later with another RM5000 - what happens?

I'm puzzled...

This is my understanding....

"lowest balance of the month" would means that the dividend would apply to the opening balance of the month.
Any additions within the month will not be taken into account; but any withdrawal will be taken into account.
Based on the previous example of opening balance of rm10,000 on 30/6/03:
The calculation for dividend at the end of July would be based on rm10,000.
Since at 12:01 am 1/7/03, the opening balance is rm10,000.

rm500 deposited on 1/7/03 will not be taken into account.

But if there is a withdrawal, say rm5000, the calculation for the dividend will be based on rm10,000 - rm5000 = rm5000.

But if there is a combination of deposit and withdrawal of the same amount, that's a good question. Based on the "lowest balance of the month" basis, it should be rm5000. Any deposits during the month is not accounted for.

Can a mualaf open ASB account?

How abt without bumi status?

But in ASNB website written can..
http://www.asnb.com.my/eligibility.htm

S2 Siapa golongan minoriti?
Golongan minoriti adalah satu golongan yang telah mendapat kebenaran khas dari Perdana Menteri untuk melabur dalam semua unit amanah yang diuruskan oleh ASNB iaitu:

Siam
Portugis / Eurasian / Serani
Mualaf / Beragama Islam tetapi bukan Bumiputera
Nota : Golongan ini mendapat kebenaran melabur dalam semua skim ASNB kecuali bagi skim yang mempunyai pecahan Bumiputera dan bukan Bumiputera (skim ASW 2020) ianya dikategorikan sebagai Bukan Bumiputera.

Just called ASNB, mualaf can invest in ASB. Just need to bring IC and kad peluk islam.. kawtim.. better do at pejabat ASNB.

Managed to open ASB just now.. Oh yeahhh

I got two ASB accounts now. Should I split the savings into two accounts or concentrate one account to reach 200k?

bro, can you explain bonus payout..

say account opened in December 2012, dump in 100k.. no additional amount after that.. how much will i earn on January 2014 for dividend and bonus?

How to calculate ASB dividend and bonus

Many of us get confused when they received ASB yearly statement. So with some help from Cari.com.my forumers, I have compiled the way to calculate ASB dividend and bonus.

Calculating Dividend

ASB dividend is computed monthly but it will be distributed annually. Let say PNB have declared that this year dividend rate is 7%. This is how to calculate your dividend:

monthly dividend income= 0.07 / 12 x minimum balance
Annual dividend income ( this will be shown up in you balance) = sum of monthly dividend for that year

Calculating Bonus:

Bonus is given to minimum monthly bonus for the past 10 years (120 months). Bonus will be most beneficial to those who have been saving for at least 10 years. Let’s say ASB bonus is 2% this year.To calculate Bonus:

monthly bonus = 0.02/120 x minimum monthly balance

When i said monthly balance, it is not this year’s months only, but including the months’ from the past 10 years.
this year bonus = sums of monthly bonus for the past 120 months

Example: Let’s say that you just invest for 4 years (48 months) and your average monthly balance for the past 48 months is $1000. So the bonus will be 48 x ( 0.02/120 x 1000) = $8

So that’s how to calculate the bonus and dividend for ASB. Any correction and question please put in the comment section below. t

which mean if your account already 10y/o then only u get exactly 1.15% as bonus? 

Hello!

Received all my official letter regarding ASB loan last week. Funny when I revised back their compulsory document, it said that payslip is needed but I don't provide any since not working yet

Anyway, after I registered and linked my ASB account to Maybank, it mention as Active. Means all system good to go now?