How often did your sister try it?

Cool, consistency and patience.

Because they work on Sunday.

Information on their products are here http://www.asnb.com.my/english/index.htm

You should be able to buy ASN3 and ASG from the agents, just that ASN3 and ASG are variable price products, so the price can go up or down...

Maybe you should mention which Branch as well, so others can try there too.

ASB Dividend 7.75 sen, Bonus 1.15 sen.

50k lumpsum will give you more return as the dividend is calculated on average minimum monthly balance.

Normally less than 24 hours, but since its public holidays, I guess it will take much longer.

It is not taxable, the statement that you will/have received would state it, see the bottom of your statement, starting with "Pengecualian Cukai..."

double post deleted

This post has been edited by vergas: Mar 19 2013, 04:28 PM

You have read it wrongly, i believe, ASN is express in units, not RM. 1 unit in ASN is not the same with RM1, the prices change, so you have to check the price before and after the dividend to get the correct RM worth.

This calculation is simplified, but its close enough. Of course its clearly mention "for easy calculation sake".

If you want details,
Assumption

On 30 December 2011, you open an ASB account and put in 200k.

ASB declare 7.5 sen per unit dividend and 1.25 sen per unit dividend for its financial year ended 31 December 2012.

Your dividend would be.

Baki minima bulanan
Jan 2012 -RM200k
Feb 2012 -RM200k
.
.
Dec 2012 -RM200k
Total - RM2,400k

The above divide by 12 = RM200k
times 7.5 sen = RM15,000

Don't believe, read as someone cut and paste below.
Baki-baki minimum tersebut akan dicampurkan kesemuanya dan dibahagi
dengan 12 (jumlah bulan dalam setahun) bagi mendapatkan purata baki
minimum
tahunan.
* Purata baki minimum tahunan yang diperolehi akan didarabkan dengan
kadar pengagihan pendapatan yang diisytiharkan.

Bonus:

Baki minima bulanan
Jan 2003 -RM 0
Feb 2003 - RM 0
.
.
.
Dec 2011 - RM 0
Jan 2012 -RM200k
Feb 2012 -RM200k
.
.
Dec 2012 -RM200k
Total - RM2,400k


The above divide by 120 = RM20k
times 1.25 sen = RM250

Baki minimum bulanan selama 10 tahun bermula dari Januari 1999 hingga
Disember 2008 (120 bulan) dicampurkan kesemuanya dan dibahagikan
dengan
120 bagi mendapatkan purata baki minimum untuk tempoh 10 tahun.
* Purata baki minimum 10 tahun yang diperolehi didarabkan dengan kadar
bonus yang diisytiharkan.

Sources not reliable enough?
http://www.asnb.com.my/news/asb_pendapatan2012.htm

Pengiraan pengagihan pendapatan ini adalah berdasarkan purata baki pegangan minimum bulanan bagi tempoh pelaburan sepanjang tahun kewangan ASB yang berakhir pada 31 Disember 2012. Pengiraan bonus pula dibuat berdasarkan kepada purata baki pegangan minimum bulanan yang dimiliki pelabur dalam tempoh 10 tahun bermula dari 2003 sehingga 2012.

So, yes masami your estimation is correct.

This post has been edited by vergas: May 28 2013, 02:14 PM

Wow, what did you collect? Its not available at website?

If there is any problems with bank, try go direct to ASNB/PNB branches http://www.asnb.com.my/branches.htm

I do believe banks would need to have some proof of income for them to grant a loan. So, if you have it maybe.