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
Update: Automatic calculator is available here http://www.irwan.biz/asb-calculator-v3/
#1 by 2bz4money on January 25, 2010 - 1:25 am
Semalam saya diterangkan mengenai Easy ASB, produk loan dari RHB di Tesco Kajang. Katanya BLR-1. Insuran tak compulsory. Katanya lagi boleh max 200k asb cert utk loan dan 200k utk buku. Betul ke? Nampaknya oficer rhb ni pun tidak jelaskan pasal lock in period?
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#2 by weena on February 3, 2010 - 9:01 pm
saudaraku muslimin muslimat, ASB is non Shariah compliance, macamana kalau penat2 simpan duit tapi duit tu tak bersih. Bila ada opportunity yang Shariah compliance, grab the opportunity. Unit Trust ada macam2 product Islamic Compliance. My own experience, I have doubled my savings in 5 years, hardly to get kalau i simpan dalam ASB..
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#3 by Sariy on March 3, 2010 - 10:48 am
Just want to ask if anyone know what is the ASB dividend rate for 2010?
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#4 by sil on March 9, 2010 - 7:58 pm
sy hak tanya mengenai laon ASB RM20,000, bayar bulanan RM378 masa tempuh laon sy 5tahun sahaja, berapakah bunos tiap-tiap tahun?
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#5 by cikon on March 14, 2010 - 10:49 pm
Nak kira tak salah mcm nie… Jumlah semua duit yang ada di dalam akaun dibahagi dengan 12… kemudian di darap dgn 0.07 kalau rate 7 %
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#6 by Farid B. Bahri on April 3, 2010 - 12:19 pm
Refer to Weena`s comment on 3rd February 2010..
Just nak kongsi info…
Kita semua sedia maklum…hukum asb nie ada dua pendapat..majlis fatwa kata harus, tapi suruhanjaya sekuriti kata haram….mana satu yang kita nak ikut???Tepuk dada, tanyalah diri masing-masing…cuma saya nak kongsi sket…kalau suruhanjaya sekuriti kata haram…kenapa masa diadakan minggu amanah saham ( maksam ), suruhanjaya pun ada bukak kedai skali???naper tak boikot jer maksam tu…minta wakil dari suruhanjaya bagi penjelasan…tq…
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#7 by Farid B. Bahri on April 3, 2010 - 12:23 pm
Refer to zarina`s comment on 22 january 2010..
Just nak konsi info…
Saper yang gi pejabat zakat nak bayar zakat, tapi pegawai tu taknak terima…awak atau member atau orang yang awak sdr tak kenal???Untuk makluman, saya baru bayar zakat pendapatan semalam…bila nak bayar zakat ASB, pegawai tu taknak sebab belum cukup nisabnya…untuk makluman juga…bayaran yang kita buat tiap-tiap bulan ( simpan sdr atau loan payment ), wajib zakat jika cukup nisabnya…itu dipanggil zakat simpanan…faedah dan dividen yang kita dapat tiap2 tahun, wajib zakat jika cukup haulnya…tq…
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#8 by Azfar on June 28, 2010 - 2:22 pm
Hi,
Currently invested RM200k, started just this month. My wife also is doing the same plan. Based on the 7/2 principle on investing in ASB with calculation of just 7% dividen 2% bonus calculation within 11-12 years we manage to be millionaire couple with owing the bank monthly about RM1234.00 individually. we made the 1st contract of RM50K for 15 years loan and the following contract RM150k for 25 years loan. After 15 years we have only have to commit about RM860.00 individually to our loan commitment.
I’ve found that this is a best way to get a retirement get away. Due by the time we retired we would have the bonus of our pension plus the ASB saving that would accumulate up to 1 million each. About House loan and car loans its covered in our total household income, about our 3 under 7 year old children future, education insurance policy is backing us up. overall we have balance about RM3K monthly balance of household income and it is increasing yearly, and RM30K in savings account to back us up in case or emergencies (were thinking of putting it in FD)…Note we are gov servants in the early thirties.
So what do u think of the plan to be a couple of millionaire after 10-11 years, the safest way with the least risk…And the best part is paying the cost of lending of RM125K minimum at total individually with intention to settle it as it is by contract.
Of course the loan is insured and will be willed to our children by end of this year.
Funny thing about 7/2 (7% dividen / 2% bonus)is i thought it was 7 years for 2 person. but fits the scenario as well lol.
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#9 by lieza on July 7, 2010 - 3:45 pm
sya ada bt loan asb di maybank..
ok sya bt loan rm 10,000.00 dlm msa 20 thn..tiap2 bln sya byr rm 63.00.mcm mna kiraanya?bonus & dividen?
( dividen + bonus )maybank ckp dibayar 8.75%.
bila kita habis byr dlm tmpoh 20 thn,kta akan dapat duit rm 10,000.00 tue ker?
sya kurg phm msa wakil mybank ada menawarkan pda sya asb.ketika itu sya mahu cepat,jd sya setuju je.
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#10 by Glittlerobot on August 16, 2010 - 4:18 am
why mystery?get ur answer…i will tell you the solution..call me..0133927324
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#11 by Kimi Rekonen on August 30, 2010 - 4:45 pm
tahun berapa agak2 dividen ASB
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