Auto Labur allows ASB investors to set a fixed monthly investment automatically through the myASNB portal (www.myasnb.com.my).
The minimum amount is as low as RM30.00 while the maximum amount is RM30,000.00.
No charges are involved for this facility.
The RM1 deduction is for verification purposes by your bank. For every successful registration and updating transaction date, the money will be deposited into your ASB account and if it fails, it will be returned to your bank account within 10 working days. For the termination, the money will be deposited into your bank account within 10 working days.
The Auto Labur instruction will be activated within 48 hours. Once activated, the monthly investment that you set will automatically take effect according to the selected date.
Yes. You can terminate the investment instruction through Auto Labur any time.
The operation hours for Auto Labur registration follow the current operation hours of myASNB portal which are as follows: 7.00am - 6.00pm: Sunday to Friday and every third Saturday of the month, excluding public holidays.
Your monthly investment will be credited within 5 working days after your selected date of deduction.