|What is "Skim SARA 1Malaysia"?
This is a special scheme introduced by the Government of Malaysia aimed at promoting the participation of the low income group to save and invest; apart from assisting them in managing the impact of the rising current cost of living.
The Scheme is implemented in collaboration with Permodalan Nasional Berhad and selected financial institutions.
Through this Scheme, eligible Malaysians will have the opportunity to apply for a RM5,000 loan to invest in Amanah Saham 1Malaysia (AS 1Malaysia)I managed by Amanah Saham Nasional Berhad (ASNB)*, and will receive attractive incentive payments on their savings and investments.
*ASNB is a wholly owned subsidiary of PNB responsible for managing AS 1Malaysia unit trust fund.