How to Open an ASNB Account Using the Maybank MAE App

Malayan Banking Berhad (Maybank) has introduced direct Amanah Saham Nasional Berhad (ASNB) account opening for first-time retail investors within its MAE mobile banking application. The feature, announced in the first week of November 2026, eliminates the requirement of visiting a physical branch or agency counter to complete identity verification and profile creation. Both new and existing account holders can now initiate transactions starting from a minimum entry point of RM10 across supported unit trust funds, including Amanah Saham Bumiputera (ASB) and Amanah Saham Malaysia (ASM). This digital rollout provides Malaysian citizens aged 18 and above with an immediate method to access government-backed wealth instruments directly from their mobile devices.

Key Facts

Maybank has integrated direct ASNB account opening into its MAE app, allowing eligible Malaysians to register and invest from RM10.

How Can Users Open an ASNB Account on the MAE App?

Malaysian citizens aged 18 and above can open a new ASNB account digitally within the MAE mobile application without visiting a physical branch. The onboarding flow requires navigating to the investment category within the app, completing identity verification, and submitting an initial investment starting from a minimum threshold of RM10.

The MAE interface provides two separate entry routes for users to register. Users can select the 'Apply' icon at the base of the home screen, scroll to the 'Investment' tab, and tap 'ASNB Account'. Alternatively, users can tap the 'Accounts' icon on the main interface, navigate to the 'Wealth' tab, and choose 'ASNB Account'. Once registered, existing holders can select either 'Top Up Fund' or 'Subscribe New Fund' to manage their portfolio balances.

“first-time ASNB investors can now open an Amanah Saham Nasional Berhad (ASNB) account directly on the MAE app”

Maybank

Maybank allows eligible Malaysian citizens aged 18 and above to complete full ASNB account registration and fund subscriptions starting from RM10 entirely within the MAE app.

What Funds Are Available and What Promotional Rewards Apply?

The MAE integration supports both fixed-price and variable unit trust funds managed by ASNB, notably Amanah Saham Bumiputera and Amanah Saham Malaysia variants. While ASM is open to all Malaysian citizens, ASB subscriptions remain restricted to Bumiputera investors, with both fund categories eligible for Maybank's promotional incentives through 31 January 2027.

ASNB operates as the wholly owned unit trust management subsidiary of Permodalan Nasional Berhad (PNB), providing low-risk investment vehicles. Alongside the app functionality, Maybank is running a promotional campaign through 31 January 2027. First-time investors who establish an account via the app can receive either RM3 or RM5 in direct cashback, capped at the first 15,000 customers. Existing investors who execute two transactions into any ASNB fund via the MAE app or the Maybank2u website qualify for a chance to win matched units equal to their investment value, capped at RM250.

Maybank's ASNB promotional campaign runs until 31 January 2027 and awards up to RM5 cashback for the first 15,000 new digital account sign-ups.

What It Means for Malaysian Buyers

The direct onboarding feature removes longstanding bureaucratic barriers for retail investors who previously needed counter verification to establish an ASNB membership number. By lowering the financial entry barrier to RM10, Maybank provides a streamlined alternative to physical agent branches, though fund allocations remain strictly subject to national demographic eligibility rules.

For unbanked or novice retail investors, direct digital registration removes the historical friction of queuing at Pos Malaysia outlets or commercial bank branches. However, non-Bumiputera investors must note that units for ASM funds remain constrained by overall fund quota availability, regardless of app-level access. Existing account holders who already use the standalone myASNB portal or Maybank2u gain incremental efficiency through unified mobile balance tracking, alongside campaign incentives.

The MAE update consolidates ASNB account creation and micro-investments from RM10 onto a single mobile platform, eliminating physical counter visits for new retail investors.

Common Questions

Who is eligible to open an ASNB account via the MAE app?

Any Malaysian citizen who is at least 18 years of age is eligible to open an ASNB account using the MAE app. Bumiputera investors can access ASB funds, while other Malaysian citizens can subscribe to ASM offerings, subject to statutory fund availability.

What is the minimum initial amount required to begin investing?

New and existing investors can begin investing with a minimum sum of RM10 directly inside the MAE app. This RM10 entry point applies to both new fund subscriptions and routine top-ups across supported ASNB unit trust options.

What rewards are offered during the promotional campaign?

The campaign runs until 31 January 2027, granting RM3 or RM5 cashback to the first 15,000 newly registered investors. Existing investors conducting two fund transactions via MAE or Maybank2u can win matched investment units up to a maximum value of RM250.

Sources and Methodology

Information verified against official Maybank announcements and documentation reported by Lowyat.NET on 4 November 2026. Data points include eligibility criteria, promotional reward structures, and navigation steps within the MAE application interface. All monetary values are native Ringgit Malaysia (RM) figures as stated by the institution; no foreign currency conversions were applied.