How to Get Your ASB Loan Approved

Tips to get your ASB loan/financing approved. Get your required documents and finances in order to increase the likelihood of your ASB loan being approved. The inspiration for this article was from Saidah Asilah Abdul Shukor.


We often hear of Amanah Saham Bumiputera (ASB) loan/financing approved or dragged on for months on end. Below we share tips to help save time and increase the chances of your ASB loan being approved.


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 installment payments do not reduce the total loan charges/interest charged.


Outstanding Loans

Make sure all your loan payments are up to date. If you have an outstanding PTPTN (Perbadanan Tabung Pendidikan Tinggi Nasional) loan that you are behind in payments, you may want to go to PTPTN branch to restructure your loan. Make payment for at least 1 month after the restructuring process and obtain a settlement letter.


Income Documents


  • Latest B/BE statement
  • Latest 1 month payslip (for fixed salary) or 3 months payslip (for variable income)
  • Current/Savings Account statement showing salary crediting


  • Latest B/BE statement
  • Latest 6 months payslip
  • Latest 6 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


Get Your ASB Loan Process Started

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