Asb Bank Limited

Apply For ASB Bank Account

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An ASB bank account is a savings account offered by Amanah Saham Nasional Berhad (ASNB), a Malaysian sovereign wealth fund.

ASB accounts are popular among Malaysians because they offer a number of benefits, including:

  • High interest rates: ASB accounts offer one of the highest interest rates in Malaysia.
  • Tax-free dividends: Dividends earned from ASB accounts are tax-free.
  • Flexible withdrawal options: Account holders can withdraw money from their ASB accounts at any time, without penalty.

Who is eligible to apply for an ASB bank account?

Malaysian citizens and permanent residents are eligible to apply for an ASB bank account. There is no minimum age requirement to open an ASB account.

However, account holders must be at least 18 years old to withdraw money from their accounts without the consent of a parent or guardian.

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How to apply for an ASB bank account

To apply for an ASB bank account, you can visit any ASNB branch or Agen ASB Bank Islam. You will need to bring the following documents:

  • Your original MyKad
  • A copy of your MyKad
  • A completed ASB account opening form

The ASB account opening form can be downloaded from the ASNB website.

Once you have submitted the required documents, the staff at the ASNB branch or Agen ASB Bank Islam will help you to open your ASB account.

What are the benefits of having an ASB bank account?

There are a number of benefits to having an ASB bank account, including:

  • High interest rates: ASB accounts offer one of the highest interest rates in Malaysia.
  • Tax-free dividends: Dividends earned from ASB accounts are tax-free.
  • Flexible withdrawal options: Account holders can withdraw money from their ASB accounts at any time, without penalty.
  • Government-backed: ASB accounts are backed by the Malaysian government, so you can be confident that your money is safe.
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