How to calculate ASB dividend and bonus

ASB… anyone got any idea/opinion about ASB Loan that been offered by bank? aku 50/50 aa. tolong.. urgent..ym me k? afham_86

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mystery solved.

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I just need more examples on these calculations (both for dividend and bonus).

The scenario (as i believe most malays adopt – i’m talking about ASB here) is how to calculate if one makes a monthly investment (say RM200) and say he/she has been investing for the past 2 years.

How do i calculate the amount (dividend and bonus) from the above investment for the end of Year 2. For the sake of simplicity, we assume the dividend rate is 7% for that past 2 years.

Thanx for your time…

Hope to hear some response from you soon.

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hi sorry for late reply.I missed out ur comment in this post.

Basically, the dividend is counted on monthly based but paid annually.

Let say, you invest RM200 everymonth, and the rate that year is 7%.

to get the rate for every month in that year, 7% is divided by 12: 0.583%

use this rate ( 0.583%) and multiply with with your lowest balance everymonth.

For example, in January, you get Rm200 x 0.583% = RM1.167
For example, in February, you get Rm400 x 0.583% = RM2.333

and so on. At the end of the year, the sum of montly dividend is paid into your account.

Hope this will help.

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Irwan,
Is the calculation of ASB dividend & bonus distribution that you present accurate? Actually, i didn’t apply and didn’t test as what you present here, but i’d a calcualtion in excel file and i found it quiet accurate , and maybe have +/- RM 20 on it.

But, i will try to follow your step on how it being calculated. BRB

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actually the calculation is based on dividend only where the bonus is not included. i’ll try to include the bonus in my next web-based calculator.

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Oh! Now I know where the bonus figure is coming from. Thanks.

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hi irwan, i’m new to ur site. i dont really get it how to calculate the bonus. you wrote “Bonus is given to minimum monthly bonus for the past 10 years (120 months).” does it means, monthly bonus is calculated based on what value is the minimum amount for that month , or the minimum amount since last the 10 years?

btw, very informative site.

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hi wan.. thanks for visiting my blog.

it’s monthly minimum balance. so let’s say the bonus this year is 0.02 (2%), the bonus for this year is the sum of

(0.02/120 )*( minimum balance for each month for the last 120 months)

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thanks irwan, just to confirm with u..
say for 1st two years, 1st yr bonus 2%, 2nd yr 3%
yr 1 bonus = (0.02/120)*(sum of min balance from month 1 to month 12)
yr 2 bonus is (0.03/120)*(sum of min bal from month 1 to month 24)
am i right?

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the first month should be the month of the last 10 years,

yr 1 bonus = (0.02/120)*(sum of min balance from month-1 of the last 10 years to current month 12)

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ermmm…, but if it’s ur 1st yr of investment, u dont have bal from month 1 of the last 10yr right?

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yes it is… you won’t get much from bonus part if you just invested

i think u confused about dividend and bonus. it’s different thing. dividend is for 12months, while bonus is for 120 months. Let say dividend is 7% and bonus 2%:

yr 1 dividend= (0.02/12)*(sum of min balance from month-1 to month-12 of year-1)

plus

yr 1 bonus = (0.02/120)*(sum of min balance from month-1 of the last 10 years to current month-12) in this case all the previous months will be considered 0.

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hi guys,, i am new here,, just wanna get ur opinion,, is it worth if we take personal loan and then invest it into asb?? is it good rather than taking asb loan? thanx for your reply..

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hi ququ, it’s a simple question with different answers. you can go through a long discussion here

http://www.irwan.biz/asb-take-a-loan-to-invest/

or if it’s too long, you can start a new discussion here

http://www.irwan.biz/lets-compare-our-asb-plan/

and i would be glad to answer your specific question.

thanks

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thanx irwan, i’ve already went through the discussion.. thanx for the idea anyway..

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Irwan,

Sorry, i tak clear sgt how’s the calculation ..
Let say,
i start my investment with capital RM5000 on January.
the following month, starting from February onwards, i just pay rm100 permonth.

So how’s the calculation will be?
The dividend and the bonus?

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for that kind of calculation, u better use our ASB calculator. you can get it here.

http://www.irwan.biz/category/calculators/

the tips on how to use it also there.

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The returns from ASB are not that attractive after all. Anywhere, great to come to this site.

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Hi Irwan

Thanks for your explanation. I would like to know how they determine the minimum monthly balance. Is there any cut off date for each month? As you may have known there is a lot of transaction within each month. Even for each individual there will be several transaction in a month such as withdrawal and top up.

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[...] tune into personal finance info; neither are they web-savvy.  For my Bumi friends, there’s ASB to help them out. My non-Bumi friends, however, of late, have been the biggest target of the Unit [...]

[...] tune into personal finance info; neither are they web-savvy.  For my Bumi friends, there’s ASB to help them out. My non-Bumi friends, however, of late, have been the biggest target of the Unit [...]

[...] personal financial planning ; neither are they web-savvy.  For my Bumi friends, there’s ASB to help them out. My non-Bumi friends, however, of late, have been the biggest target of the Unit [...]

[...] tv. ASB is giving out 8% in dividends and 1% bonus for the year 2007, which is better for me, since ASB bonus is calculated based on the amount invested for the last 10 years, which is little to nothing in my [...]

[...] tv. ASB is giving out 8% in dividends and 1% bonus for the year 2007, which is better for me, since ASB bonus is calculated based on the amount invested for the last 10 years, which is little to nothing in my [...]

Then my insurance agent is giving me some investment plan now, with a net rate of 6.78% per annum but may go up depending on the market rate. Also is the same concept, RM150 per month and i can withdraw after 20 years onwards. If this is the case, which is more worth it? ASB or insurance? From the calculation formula above, i can see that ASB has higher returns (I havent included the bonus yet but ive saving since young so should be over 20 years), but without any medical benefits. Any advice would be appreciated.

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just wanna ask u…how much the current percent(%) dividen and bonus for asb ?

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faham pasal kiraan dividen.. yg bonus tu bile nak kire sendiri punye.. alamak… pasal sebelum ni pernah tukar buku… buku baru penyata start 2003…. padahal masuk dah lame… so… boleh ke kira bonus ??…

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iwucs dbayhs dvgftu qnolkjgm xzipyluj kmdpc gfewcxdq

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HI WAN,
SAYA BARU DISINI, SAYA MASI KELIRU DENGAN PENGIRAAN TU: BOLEH TOLONG KIRAKAN DIVIDEN DAN BONUS ASB SAYA DIAKHIR TAHUN 2008 DENGAN KEADAAN DIBAWAH.

OKTOBER 2004 SAYA MASUKKAN RM 125.00 DAN TERAKHIR SAYA MASUKKAN RM 11.000 PADA APRIL 2008.

BOLEH KIRAKAN UNTUK SAYA KEUNTUNGAN ASB SAYA DENGAN ANDAIAN DIVIDEN 7%

TQ…

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What if i get a loan from another bank (7.2% p.a) for 10 years and invest in ASB? Will that generate positive income..any better options?

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[...] dividend income= 0.07 / 12 x mininum balance Annual dividend income ( this will be shown up in you balance) = sum [...]

darn! i thought u have the calculator in your website.. Bt nevermind calculating manual is not too bad if i noe how too.. tks!

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thanks for information to calculate asb…keep up goods info wasalam

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kalau simpanan tak sampai 10 tahun???macam na nak kira pula.??ish ish osh…im too young for 10 years calcalation lah…only 6 years…so,tak dapat kira lah,,,..

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mengikut yang ditetapkan..Pelaburan maximum ASB
= RM 200,000.00.SO, jika ASB loan saya ialah 50,000 tambah simpanan saya ialah 150,000.00…adakah kiraan dividen dann bonus ASB masih diagihkan?ataupun mati di situ sahaja?

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Hi,
just want to ask..
if i deposit some money early of the month n withdraw it middle of the month..and deposit again end of month..will i get any monthly dividen for this case?

How ASB calculate the monthly dividen actually?

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Hallo friend,i understand that the max for asb investment is 200k.ok let say i simpan 200k lam sam dalam account asb saya,so how much diveden and bonus i can get? and how i want to bonus and diveden rates for a year.pls help me to answeer this.

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saya nak tau berapa dividend rates yg terbaru?

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Salam,
wan, what your sugestion for start investment with loan 10k for ASB

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pleaze pay anttention to all consumers..
skrg nie..Ambank group tlah mnawarkan plan yg more better than ASB..btoL ke nie??
YES it is..
it is caLL AmFlexi..
di mana simpanan akan di laburkan ke daLam bond(70%) & equity(30%)..
mcm asb..kseluruhan duit pemegang akaun akn dilaburkan ke dalam 100% equity..
equity fund mrupakan dana yg mmpumyai risiko yg amat tnggi utk mngalami kerugian..(spt unit trust n pubLic mutual)
Wlupn keuntungan adalah tinggi..

Bond mrupakan dana yg diselenggara dibwah Bank Negara..
da keuntungan adalah tinggi serta risiko adalah sederhana.
Amflexi juga mnawarkan free protection serta up to 3 generation!!
nk taw lbih lanjut??
contact me..
muhammad hafiz bin tajuddin
0134318120

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hi irwan… saya nak tanya apabila kita melabur dengan asb adakah kita ada komitment dengan income tax?

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apabila kita melabur dengan asb adakah kita akan ada komitment dengan income tax?

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Hi Irwan,

your calculation example is based on mthly fixed investment..mcmana kalau i tak invest on mthly basis, i.e sthn, dlm 4,5 kali with different amount in every different month.How to calculate?

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assalam-kum irwan,

saudara i nak loan asb but i takut blr naik mendadak , so apa u punya solution untk cover installment ,long period loan 20 years. plz help to ur friend

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i ve made asb loan which is rm100 000.., i ve to pay rm612 per month including insurance for 20years.. in my plan.., i want to make another loan after one year which is also rm100 000..
i m going to pay the loan by using the dividen from the first “rm100 000″.. so here i need ur opinion to make my plan btter.. n could u help me in calculating the total money that i ll get after 20 years..?

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Anda mengguna loan yg mengandungi elemen riba untuk untung besar…

Renung2kan..

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KLU SY NAK CANCEL ASB CMNE LAK

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[...] Mungkin aku lambat update pasal dividen ASB ni, semua gara-gara sebab bangun lambat pagi tadi. Jadi dividen SB 2009 adalah 7.3 sen seunit. Bonus adalah 1.25 sen seunit. Kalau ada keraguan camana nak kira bonus ASB ni boleh check kat sini. [...]

assalammualaikum.
nway ckp pasal asb right aku nak offer korg utk ASB LOAN dari RHB bank. Dari Rm10ribu hingga Rm100ribu

tapi yang bestnye loan frm Easy RHB nie, utk 5tahun pertama just bayar bunga sahaja..selepas 5thn baru bayar duit pokok pulak. tapi start dari tahun pertama dah boleh makan dividen.
so sapa2 berminat boleh la call saya 0173452840/saufi.

syarat2 mudah saja
Mykad serta ASB buku sahaja. Loan dlm 15min boleh tahu lulus or tidak. cepat beb

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Salam!, saya bukan bertujuan menghentam Bank, cuma bagi sedikit gambaran kepada orang ramai tentang pilihan2 yang ada…Dalam hal meminjam untuk melabur dalam ASB banyak syarat2 yang tidak dimaklumkan kepada peminjam.
1) jika sekiranya peminjam gagal menjelaskan bayaran adakah bunga masih dikenakan?.
2) Sebelum saudara/i membuat keputusan untuk meminjam, coba kira jumlah pembayaran = Bulanan RM x jumlah bulan melangsaikan hutang. (Tidak termasuk perkara 1) bunga dikenakan diatas kelewatan pembayaran.
3)Pulangan ASB tidak dijamin…(Trend pulangan menurun)

Pada saya adalah lebih elok mendisiplinkan diri menabung walaupun sedikit. Jika saudara/i bercadang menyimpan untuk jangkamasa lebih 3 tahun, timbangkan untuk melabur dalam Unit Trust. Dapatkan khidmat Consultant yang betul-betul jujur dan transparent. Insyaallah pulangan melebihi apayang ditawarkan ASB… Jika tidak apa pilihan anda?

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asb utk org bumiputera. org bukan bumi berebut2 nak masuk asb..tapi takdapat.. sehingga guna nama org bumiputera utk buat loan asb.. anda fikirlah sendiri.. ianya memang menguntungkan..

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Let’s say that you just invest for 4 years (48 months) and your average monthly balance for the past 48 months is $1000.

1)saya nak tanya, mana dapat $1000?
2-boleh ajar lebih detail lagi tak?

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Hi,

Need advise here..
Which is more profitable, Option1 or Option2?
Is the Dividen & Bonus calculation the same for both options?

Option1
ASB loan: rm50k
Loan tenure: 25 years
Monthly inst: rm263

Option2
Manually deposit into ASB book: rm263 (every month)
Duration: 25 years

Awaiting reply.
Tks

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saya nak bertanya bagaimana sekiranya membuat asb loan….ada ke benda tu boleh mendapat benefit or membebankan.

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just nk kongsi ngan sume..ada byk perkara2 yg kita perlu ambik tahu sebelum membuat atau dalam erti kata lain “mengunakan” loan bank untuk melabur dalam asb.Terdapat
byk perkara yg dsembunyikan oleh pihak bank untuk ‘perkhidmatan’ ni..e.x interest yg dikenakan kpd pelaggan sekiranya gagal menjelaskan bayaran setiap bulan(xkan nak guna dividen asb untuk byr semua 2,cne nak tingkatkan dividen yg kita perolehi dalam tahun2 berikutnya,kalo cm ni better korg simpan sendiri tiap2 bulan)
ak tahu lg lanjut emel kat aku kenari86@yahoo.com.my

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tahu tak kat mana ASB melabur? Sy pun nak kongsi pengalaman sy p ke pusat zakat ada seorang pembayar zakat nak byr dividen yg diperolehi masa dia smpn dlm ASB tapi pusat zakat tak leh terima sebab ASB bukan plbrn syariah islam so lu pikirlah sendiri sbb kita nak smpn mesti nak pergi haji tolong mak ayah hantar p haji ke kalau tak berkat plbrn kita camana yek? So kwn2 blhlah melabur ikut syariah islam yg byk skrg dlm erti kata lain Unit Trust blh emel sy nizareen@yahoo.com

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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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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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