FREE RM200 worth of unit trust inventive in ASB or AS 1Malaysia

Eligibility

  • Malaysian Babies born from 1 January 2018 to 31 December 2022
  • Bumiputera (eligible for ASB) OR
  • Non Bumiputera (eligible for AS 1Malaysia)

Investment Limit

  • ASB: Maximum - RM200,000
  • AS 1Malaysia - RM50,000

Validity

  • Valid for 1 year from baby born date

Redemption

  • The FREE 200 unit trust in ASB/AS 1Malaysia is not allowed to be redeemed unless the registered baby has attained the age of 18 years and above.
  • Any additional subscription into the account can be redeemed anytime only by the registered guardian of the account.


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