How to get your ASB loan approved

We often hear how the approval of Amanah Saham Bumiputera (ASB) loans/financing can drag on for months on end.

Below are some tips to help save time and increase the chances of your ASB loan getting approved quickly.

ASB Loan

  • Malaysian Bumiputera
  • Age 18 above and below 65


  • Flexible repayment duration up to 30 years (or age 65)
  • Up to 100% financing of RM200,000
  • For ASB Islamic financing, there is no lock-in period.
  • However, do go through the terms and conditions for any penalties or other clauses.
  • Extra monthly instalments do not reduce the total loan charges/interest charged.

Outstanding Loans

Make sure all of your loan payments are up to date. If you have an outstanding PTPTN loan (student loan), go to a Perbadanan Tabung Pendidikan Tinggi Nasional branch to restructure it.

Make payment for at least one month after the restructuring process and obtain a settlement letter.

Income Documents


  • Latest B/BE statement
  • Latest one month payslip (for fixed salary) or three months payslip (for variable income)
  • Current/Savings Account statement showing salary crediting


  • Latest B/BE statement
  • Latest six months payslip
  • Latest six months Current Account statement (registered under the Business)


  • Unemployed with income less than RM3,500 monthly
  • Declaration to LHDN (Inland Revenue Board of Malaysia)

Supporting Documents
Supporting documents to submit for your ASB loan application:

  • CTOS/CCRIS report
  • Fixed deposits
  • Rental income
  • Unit trusts
  • Tabung Haji

This article first appeared in

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