1. What is Auto Labur?

    Auto Labur enables ASNB unit holders to set up their monthly investments automatically through the myASNB Portal (www.myasnb.com.my). Currently, the ASNB unit trust fund allowed for Auto Labur is Amanah Saham Bumiputera (ASB).

  2. What is the minimum and maximum amount of monthly investment through Auto Labur?

    Minimum amount: RM30.00
    Maximum amount limit: RM30, 000.00

  3. Is there any charge for Auto Labur facilities?

    No charges.

  4. Why there is RM1 deduction during the registration, updating (date of deduction & debit amount) and termination in Auto Labur facility?

    The RM1 deduction is for verification purposes by your bank. For every successful registration and update, the money will be credited into your ASNB unit trust fund account. If your registration fails or you wish to terminate the auto-service, the money will be returned to your bank account within 10 business days.

  5. How long does it take for my Auto Labur instructions to be activated?

    Within 48 hours. Once activated, the monthly investment that you set will automatically take effect according to the selected date.

  6. Can I change the amount of monthly investment?

    Yes, you can change the amount at any time at your convenience.

  7. Can I change the date of the investment that I have set earlier?

    Yes.

  8. Can I terminate my investment instructions through Auto Labur?

    Yes. You may terminate the investment instruction via Auto Labur any time.

  9. When is the operation hour for Auto Labur registration?

    The operation hour for Auto Labur registration is according to the current operation hour of myASNB portal as follows:

    Monday to Sunday, 7.00 am – 6.00 pm, local time

  10. When will my monthly investment be credited into my ASB account for Auto Labur?

    Your monthly investment will be credited within T + 5 working days after your selected date of deduction in the Auto Labur facility.



Start Now

Back To Top