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What You Need to Know About ASB Financing

Amanah Saham Bumiputera, also known as ASB, is an alternative savings avenue managed by Permodalan Nasional Berhad (PNB) for Bumiputeras to save and invest. It is a long-term investment that aims to deliver consistent returns. As ASB has a fixed price, has low risk and controlled by the regulation, it provides a capital guarantee.

How do you start investing in ASB?

To be involved in ASB financing, you can start by registering an account with ASNB agents, branches or online. If you don’t have your capital, you can rely on an ASB loan to buy an ASB unit. For example, you can get a loan from RHB ASB Financing to maximise your investment return.

asb financing

How much can you borrow from ASB Financing?

You can enjoy a high margin of financing from RM20,000 to RM200,000 and flexible financing tenures up to 30 years or upon 65 years old with RHB ASB Financing. Besides a high margin of finance, RHB ASB Financing also offers low and competitive financing tiered on the tenures.

How do you pay for an ASB loan?

If you got your ASB loan from RHB, the bank requires you to set up a Standing Instruction for the monthly repayment of the loan. RHB bank will charge a late payment fee of 1% per annum on the outstanding amount if you don’t pay on time. The outstanding amount will also be compounded if you keep delaying the payment.

What are the benefits of ASB Financing?

With RHB ASB financing, you’ll get to enjoy a high margin at competitive interest rates. There’s also the benefit of consistent dividend returns, which means you’ll enjoy stable returns throughout your loan tenure. If you get an ASB loan with RHB, you’ll get to enjoy affordable repayment schemes and optional insurance coverage.

Conclusion

Prepare for the future and maximise your savings with ASB financing! Enjoy low financing rates and flexible financing tenures by signing up for an ASB loan with RHB today.

Visit https://www.rhbgroup.com/personal/loans/asnb-financing/index.html for information.