There are so many different types of investment in Malaysia. However if you're like us, you only tend to hear about the 4 most popular ones. Which is why we decided to compile a list of 25 types of investments in Malaysia.

Some of them you are very aware of. Some of them are investments that you may have heard about once or twice and some of them are going to be completely new.

Within each investment type, we will cover some of the features, or what makes it unique. We will also look into the risk associated with the investment (relative to the other investment types) as well as the costs associated with making the investment and the historical returns of the investment. And if you get interested in the investment type, we have also included steps for you to get started.

1st Type of Investment in Malaysia: Fixed Deposit

Fixed deposit, or commonly referred to as “FD” in Malaysia, is a type of bank savings or investment account that promises the investor a fixed rate of interest. In return, the investor agrees not to withdraw or access his / her funds for a fixed period of time.

Features of fixed deposit

  • Minimum risk, guaranteed returns and flexible tenure
  • You will not be able to withdraw the money for a fixed period of time
  • Interest is only paid at the very end of the investment period
  • You can use FD as a source of your retirement fund or education fund for your children as you will be saving the money for future commitments

How risky is a fixed deposit investment in Malaysia

FD is one of the safest investment option with steady return. Your only risk is putting the money in bank for a specific period of time. You will not suffer any loss and the Government even pays you back in the event that your bank goes bankrupt.

Safe Mode – Rated 3

Time horizon required for a fixed deposit investment

FD accounts have a range of fixed period. You can put your money for any of the chosen period from 1 Month – 5 Years. The longer your FD period, the higher the interest you earn. For example: If you choose to invest in a fixed deposit with a 3-month term, you will be entitled to an interest rate of 3.05% per annum (AKA p.a. – after 365 days) at the end of three months. However, if you decide to invest in FD for 12 months, your interest rate of will increase from 3.05 to 3.15% p.a.

Cost of investing in a fixed deposit investment

While banks usually don’t charge any fees, fees, or periodic charges with fixed deposit accounts, you should still check with your bank before signing any contract. If you break the FD mid tenure, you will get a lower rate of interest. You will also have to pay a penalty for the premature withdrawal.

Who should invest in fixed deposit

Fixed deposit investments are great if you are looking to grow your savings and have a significant amount of money that you want to put away for long time. Typically, the larger the amount of money and the longer the duration, the better the interest rate and returns

Also, if you are risk aversive and do not expect high returns for your investment then fixed deposits are also great for you.

Generally, families, senior citizens and newbie investors and average earning employees see FD as a good investment opportunity

Required Budget for a fixed deposit investment

Though there are no set rules, typically fixed deposits require a minimum of RM 1,000-RM 250,000

Typical returns of a fixed deposit investment in Malaysia

You can typically expect 3-4% per year in a fixed deposit investment in Malaysia.

Historical return rates of fixed deposit investment in Malaysia

Malaysia’s fixed deposit rate has seen a gradual increase over the years without much dramatic fluctuation. In 2009, fixed deposits were offered at an average rate of 2.08% while now you can enjoy more than 2.9% interest income for the same amount of money.
historical returns rates of fixed deposit investment in malaysia

Top 5 best fixed deposit investment in Malaysia

If you invest RM 10,000 for 1 Year, then your returns will be as follows:

How to invest in fixed deposit investments in Malaysia

The easiest way to invest in fixed deposits is through your bank. Most banks already have e-fixed deposits at their online banking portals. Log in to your account and apply directly online. However, if you are opening a bank account for the first time, you may need to submit some document to the bank such as you ID, Letter of Employment before opening the FD account.

Learn more about fixed deposit investments in Malaysia

2nd Type of Investment in Malaysia: AMANAH SAHAM NASIONAL BERHAD

Amanah Saham Nasional Berhad (ASNB) was created by a Government linked investment company called Permodalan Nasional Berhad (PNB) in 1979, to provide feasible investment instruments for all Malaysians. An Amanah Saham Nasional Berhad is like a Trust Fund. You put your money to PNB’s investment pool and PNB will invest this money to various bonds and stocks and provide you a dividend yield at the end of each financial year.

There are 3 types of ASNB available for all Malaysians:

Features of Amanah Saham Nasional Berhad

You will find 2 types of ASNB: Fixed Price Funds & Variable Price Funds. Here, we will focus on Fixed Price Funds only as they provide regular income to unit holders at minimal capital risk. The features are:

  • The fund units are always offered in fixed price so there are no fluctuation in unit price
  • Your money invested in ASNB will not depreciate below your invested value
  • You will get a fixed dividend of at least 6% per year on your investment
  • The dividend you earn is not taxable and it does not bear any sales charge or entry charge making it a pure profit on your investment
  • You can redeem your profit on-the-spot over the counter. Usually, you can withdraw the money in cash but if the amount is too large, then ASNB will issue cheque or bank transfer to pay your money
  • If you use you EPF to invest on ASNB, then the profit you receive will add to your EPF account

Risks of the Investing in Amanah Saham Nasional Berhad

On a scale of 1 to 10, with 1 bearing the lowest risk, ASNB is the safest investment available for you. You can start investment with lowest input with maximum return as much as 10%. Plus, the unit price of funds is always fixed at RM 1 per unit reducing the price volatility to zero.

Safe Mode – Rated 1

Time horizon for investing in ASNB

All three funds of ASNB for Malaysians provide yearly returns on your investment. Minimum timeframe for the return is 1 year with no maximum limitations. The return of your investment does not depend on the timeframe. So, you will enjoy same benefit whether you invest the money for long term or short term.

Cost of investing in Amanah Saham Nasional Berhad

Minimum price per unit of ASNB fund is only RM 1 without any sales charge or external fees. Plus, there is no applicable tax on your investment, so the investment cost is absolutely zero.

Why should you be investing in Amanah Saham Nasional Berhad

If you are looking for a safe way of appreciating your earnings, then there is no better choice than ASNB. Your age limit or income level is a non-issue here. So, if you have a few extra bucks which you won’t need for the next 12 months, then this investment is perfect for you.

The only requirement for investing in ASNB is that you must be a Malaysian citizen.

Required Budget for investing in Amanah Saham Nasional Berhad

You can start as low as RM 10 and go up to the units available in ASNB fund to start investing in ASNB.

Typical Return of investing in Amanah Saham Nasional Berhad

You can expect a return of 6-10% per year from investing in a Amanah Saham Nasional Berhad fund.

Historical returns of ASNB

The table below reflects the fund’s return for the past 10 years:
historical returns of ASNB

Top 5 places for the best ASNB investment

  • Maybank
  • RHB
  • CIMB
  • Affin Bank
  • POS

How to invest in Amanah Saham Nasional Berhad funds

  • First, register with one of ASNB branches or agents. Their agents include Maybank, Maybank Islamic, CIMB Bank, RHB Bank, Pos Malaysia, Affin Bank, Bank Simpanan Nasional, Alliance Bank, AmBank and AmBank Islamic
  • Go to the portal (Link) and click on Register (“Dartar di sini”)
  • Key in personal information especially your contact number during registration
  • Follow the instructions to set up your account
  • Once your account is set up, get hold of ASNB units via ASNB website. You can also check your balance and invest directly through this portal
  • Your payment will be conducted online through Financial Process Exchange (FPX)

To get more information about Amanah Saham Nasional Berhad funds


3rd Type of Investment in Malaysia: Amanah Saham Bumiputera

This special note is a type of ASNB fund designed especially for the Bumiputera to offer them an alternate mode of saving. The nature of this investment is same as ASNB above, the only difference being that it is applicable to Bumiputera only. You will invest in ASB funds and enjoy dividends at year end.
There are 3 available Bumiputera special notes as follows:

Fund Name Asset Class Eligibility Financial Year End
Amanah Saham Bumiputera (ASB) Equity Malaysian Bumiputera December 31
Amanah Saham Bumiputera 2 (ASB 2) Mixed Asset Malaysian Bumiputera March 31
Amanah Saham Didik (ASD) Equity Malaysian Bumiputera June 30

Features of amanah saham bumiputera

  • You can invest in these funds in 2 different accounts as follows:
Account Age Eligibility Minimum Investment Maximum Investment
Akaun Bijak 6 months – 18 years 1 Unit 50,000 Units
Akaun Dewasa 19 years or above 1 Unit 200,000 Units
  • It is a low cost and high return investment where dividends are calculated monthly and distributed annually
  • All other features are exactly the same as ASNB instrument above. You can withdraw your returns on-the-spot over the counter when your dividend is due same as ASNB instrument

Risks of the investing in amanah saham bumiputera

This note provides steady constant return at lowest risk making it the safest investment of all. You are not bound by any charges and taxes on your yearly dividend, making it a pure return on your investment
Safe Mode – Rated 1

Time Horizon of investing in special note for bumiputera

To expect a return, you will have to invest your money for a minimum of 1 year to as long as you want without any maximum cap.

Cost of Investing in investing in amanah saham bumiputera

Minimum price per unit of Special Note for Bumiputera is only RM 1 without any sales charge or external fees. Plus, there is no applicable tax on your investment, so the investment cost is absolutely zero.

Fund Name Price Per Unit Minimum Initial Investment Maximum Investment
Amanah Saham Bumiputera (ASB) RM 1.00 RM 10 RM 200,000
Amanah Saham Bumiputera 2 (ASB 2) RM 1.00 RM 10 RM 200,000
Amanah Saham Didik (ASD) RM 1.00 RM 10 Unlimited, subject to availability of units

Who are should invest in amanah saham bumiputera

If you have some money sitting idle in your bank account for the next 12 months and you are a Bumiputera, then you are ideal for this investment option regardless of age or income level.

Required budget for investing in amanah saham bumiputera

You can start investing in ASB from as low as RM 10 to a maximum of RM 200,000. As for ASD fund units, there is no limit on investment amount as long there are available units from ASNB to buy.

Typical Return of amanah saham bumiputera

You can expect 8-10% annually from investing in an amanah saham bumiputera

Historical return for amanah saham bumiputera

The table below reflects the fund’s return for the past 28 years:
historical returns of ASB

Top 5 Places best for investing in amanah saham bumiputera

  • Maybank
  • Affin Bank
  • Alliance Bank
  • Ambank
  • CIMB

How to invest in amanah saham bumiputera

  • First, register with one of ASNB branches or agents. Their agents include Maybank, Maybank Islamic, CIMB Bank, RHB Bank, Pos Malaysia, Affin Bank, Bank Simpanan Nasional, Alliance Bank, AmBank and AmBank Islamic
  • Go to the portal (Link) and click on Register (“Dartar di sini”)
  • Key in personal information especially your contact number during registration
  • Follow the instructions to set up your account
  • Once your account is set up, get hold of ASNB units via ASNB website. You can also check your balance and invest directly through this portal
  • Your payment will be conducted online through Financial Process Exchange (FPX)

To get more information about amanah saham bumiputera

4th Type of Investment in Malaysia: Tabung Haji

Of all the Amanah Saham Nasional Berhad funds, Tabung Haji is the most profitable investment in Malaysia. This investment is designed by Tabung Haji for the special purpose of saving for Hajj (pilgrim) for Malaysian Muslims. You can invest in this Shariah-compliant vehicle to earn quite high return as much as 10% per year in form of dividend with no visible risk.

Features of tabung haji

  • Though this investment vehicle is to save up for Hajj, you can also use it for investment purpose due to its appraising high return
  • You can use your EPF fund to invest here and the return earned will add in to your EPF account
  • The fund automatically pays out 2.5% of Zakat on your behalf from your earned return
  • You are eligible to invest here if you are a Muslim, never been to Hajj before and aged between 14-55 years old

Risk of the tabung haji

Tabung Haji is one of the low risk investments in Malaysia with high yearly return.
Safe Mode – Rated 3

Time Horizon of Tabung Haji

You have to invest in this fund for at least 2 years to enjoy returns with a maximum of 5 years in total.

Cost of investing in tabung haji

The cost associated with investing in tabung haji is limited to the bank transfer fee when you withdraw the fund. Click here get full disclosure of different bank charges. Other than this, 2.5% of your return will be deducted for Zakat payment. However, your return is not taxable and there are no additional fees involved with this investment.

Who is most suitable for investing in tabung haji

If you are planning to go to Hajj then this option is perfect for you to save your money for this holy purpose. You can also use this option for normal savings if you have money to put for at least 2 years in expectation of good return.

Required budget for investing in tabung haji

The starting amount for this investment is RM 1300. However, if you were to invest more into tabung haji, you may be qualified to get a higher dividend.

Typical return of tabung haji

People who have invested in tabung haji can expect a return of 4-8% annually though in 2018 the dividend was 1.25%

Historical return of tabung haji

Check the historical return for this profitable investment for the past two and a half decades as follows:
historical return of tabung haji

Top 5 best places to invest for tabung haji

  • Pos Malaysia Berhad (POS)
  • Bank Simpanan Nasional (BSN)
  • CIMB
  • RHB
  • Public Bank

How to invest for tabung haji

Open an account by visiting a TH branch, Bank Islam, Bank Rakyat, or TH’s mobile counters. For step by step guidance on opening a TH account, click here.

More information about tabung haji investing

You can get more information about investing for tabung haji at Tabung Haji FAQ


5th Type of Investment in Malaysia: Unit Trusts / Mutual Funds

If you've ever visited any blog in the United States, you will hear the term mutual fund quite often. However in Malaysia, we call mutual funds, unit trusts.

Unit trusts are same as Amanah Saham Funds where you put money in a collective investment pool with other investors who share the same appetite of security portfolio as yours. The fund manager invests this pooled fund into diverse portfolio of assets including cash, bonds, shares, properties, etc and you receive a yearly return from your invested fund in form of income distribution.

Features of unit trusts investing in Malaysia

There are many features of unit trusts and some of these features may differ from one unit trust to another. However, here are the more common features of unit trusts:

  • A unit trust includes various type of securities at different risk level to diversify your risk
  • Each unit of your fund will provide equal return, so the more unit fund you hold, the greater the return
  • You have a variety of unit trust funds to choose from such as South American bonds, European banks, commodities. However, if you are new to investing, you can go for low-cost index funds
  • You can receive return from the invested funds in 3 ways:
    • Dividends on stocks and interest on bonds paid out as yearly distribution
    • Capital gain if the fund sells securities that have increased in price
    • If fund holdings increase in price and you sell the unit trust fund shares for a profit in the market

Risks of unit trust investing in Malaysia

Unit trust funds are not as safe as saving accounts. It is real investment as you are investing in a basket of securities and therefore has the chance of gain or loss as the securities impact in the market. The longer your mutual fund’s duration, the greater the risk. Plus, you have to pay a fee to your fund manager and have associated charges to maintain the fund.
Medium Mode – 6

Suggested time horizon for unit trust investments in Malaysia

The timeframe of a mutual fund varies from as short as 3-months to as long you live. If you are planning to invest in unit trusts, we would suggest to keep those investments as long as it is giving you a return that you are happy with because switching from one unit trust to another will incur a lot of costs. Such as…

Cost of unit trust investing in Malaysia

There are several costs associated with unit trust funds investment as follows:

  • Salary of the fund manager
  • Yearly transaction cost of your fund
  • Capital gain tax on your earnings
  • Sales charge and platform charge
  • Trustee fee

These charges can be reduced if you opt for online platforms like Fundsupermart instead of investing with a fund manager. However, that also means that you are responsible for understanding your investments and will not have someone there to help guide you.

Who is most suitable for unit trust investments in malaysia

If you are ready to take a calculative risk on your money and interested on investing in equities, then unit trusts are ideal for you. You can directly put your money in a diversified pool of securities without having to hand pick them at a lower starting capital. Besides, you will have an expert (fund manager) to manage the fund for you to enjoy returns.

How much should you have to invest in unit trusts

Most institutions will ask you to start with a minimum of RM 1,000. However, there are some banks and institutions who agree to let you invest as low as RM 100 per month on their mutual fund such as CIMB-Principal Bond Fund or Amanah Mutual Berhad.

Typical returns of unit trust investments in Malaysia

Although we do not suggest that you use this to make your decisions, there was a blog post that broke showed that the 20 best unit trusts in Malaysia gave a return between 8.72% and 14.28% each year for 20 years.

However, it is very dangerous to look back at past results to think that it will be the same going forward because that is definitely not the case.

Historical return of the 20 best unit trust investments in Malaysia

This picture shows you how the 20 best unit trust investments in Malaysia have done.
historical return of unit trust investments in malaysia

How to start investing in unit trusts in Malaysia

There are a few different ways for you to invest in unit trusts in Malaysia. If you would like to do this yourself, you can sign up on online platforms like Fundsupermart or eUnittrust to start investing in unit trusts. Or you can directly call companies and banks dealing with unit trusts to open a unit trust account and start investing.

Another way to invest in unit trusts is through your investment linkedin medical card.

If you would like to work with someone who has a pretty good understanding of unit trusts investments in Malaysia, you can work with our trusted financial advisor and purchase your unit trusts through her.

More information about unit trust investments in Malaysia

To get more information about investing in unit trusts, check out some of these sites:


6th Type of Investment in Malaysia: Blue Chip Stocks in Stock Exchange

Another type of investment in Malaysia is investing in the biggest companies by buying their stocks. Blue chip stocks are high quality shares offered by reputable and financially sound firms. The companies handling such top-quality shares have the ability to maintain stability and emerge profitability in volatile economic conditions.

Although you can own blue chip stocks out of Malaysia, we will keep to investing in Malaysia here.

Features of investing in blue chip stocks

  • Tend to be more stable than other types of stocks
  • Stocks involve the following industries: Consumer, Industrial, Finance, Plantation, Property, Services, Technology
  • The shares stretch geographically across Malaysia, USA, Singapore, Asia Pacific, Japan, Euro and Emerging Market
  • You will be typically be earning dividends as well as capital gains from selling these shares in the future

Risks of investing in blue chip stocks in Malaysia

Blue chip stocks are no good to you if you cannot invest for long term and as we know longer duration constitutes high volatility and greater risk. Plus, you will also have to pay capital gains tax on your earnings and other charges over a long time period to enjoy your returns which adds to the risk.

High Mode – 8

Time horizon for blue chip investing in Malaysia

You can typically invest in blue chip stocks for as short as a few minutes but the longer the time period, the better will be your return as these stocks are famous for withstanding sluggish market and generate high return over the long run. So, we prefer you to commit to holding these companies as long as possible.

Cost of investing in blue chip stocks in Malaysia

Costs for investing in blue chip stocks are not too bad. Some of these costs are:

  • Brokerage fees – 0.6-0.7% of the total value of traded shares
  • Clearing fees – 0.03% of contract value or RM 200, whichever is lower
  • Stamp duty – RM 1 for every RM 1000 invested in shares

Who should look at blue chip investing in Malaysia

If you have a higher risk appetite and you are interested in learning about these investments for long term investment, then blue chip stocks are perfect for you.

Required budget to invest in blue chip stocks in Malaysia

These stocks are high quality and expensive and you have to buy at least 100 shares known as 1 board lot to enter into the trading market. So, your budget would be price per blue chip stock multiplied by 100. To give you an idea, Maybank's stock price is RM9 which means you will need at least RM900 plus any additional funds to cover the cost for the investment in order to make the purchase.

Typical return for blue chip stocks in Malaysia

There is no such thing as a typical return for blue chip stocks as it depends on what stocks you purchase.

How to invest in blue chip stocks in Malaysia

You can purchase shares directly through a brokerage or consider a “value investing strategy” to grab shares when they are under-priced. However, if you are long on budget and like to invest in multiple blue chip stocks together, then go for blue chip stocks via unit trust funds or an Exchange-Traded Fund(ETF). Whatever your approach, follow these steps to get you started in the trading market:

  • Open a Central Depository System (CDS) account with stockbroking companies/investment banks
  • Find the right broker to trade your stocks in the market

To Get More Information


7th Type of Investment in Malaysia: Real Estate Investment Trusts

Real estate is one of the most popular investment conversations people like. However, because real estate is so expensive to buy, a popular alternative is to invest in real estate investment trusts (REITS).

REITs gives you the opportunity to invest in property with low capital. It is similar to trust funds with the only exception that this investment pool manages property stocks only. You will invest in a large pool and the money will be used in property such as shopping malls, office building, hotels, etc to yield you yearly return on your investment.

Features of REIT investments in Malaysia

  • Only trade in property stocks especially retail lots
  • You will enjoy good dividend as 90% of property stocks are paid to investors as dividends
  • You can find REITS that focus on specific types of properties or specific geographic locations, which allows you to invest indirectly in property that you might have more understanding in.

Risks of investing in real estate investment trusts

REITs are meant for long term investment with greater return, hence the volatility or risk level is medium. Your investment has risks from impacted volatility in the property market, however the impact on property market is not as sensitive as share prices. REITS are more related to the economic condition of the country. Plus, property market can be sluggish showing a lower growth on investment but rarely declines in value, hence making it safer than investing in shares.
Medium Mode – 5

Time horizon of REIT investments in Malaysia

This is also similar to unit trust funds. You can invest for as short as 3 months to as long as you want, but the longer the duration, the better the chances your returns will be good.

Cost of investing in REITS in Malaysia

You will have to pay dividend taxes on your return. However, you won’t have to pay stamp duty, RPGT or income tax on your earning when you trade in REITS.

Who should invest in real estate investment trusts?

If you are interested to invest in property but have low capital, then REITs in the way to go. Plus, some people like to trade in stocks but the share volatility in the market can be too high for their risk appetite. Hence, the alternative to investing in shares is REIT as the risk with this option is relatively lower than trading in stocks and the return is good as well.

Required budget to invest in REITS

You can start as low as RM 1000 to start trading in REITs in the market.

Typical return of REIT investments in Malaysia

Since investing in REIT is similar to investing in a stock of a company, the return is highly dependent on which REIT company you end up investing in.

How to invest in REIT investments in Malaysia

You can start REIT investing in Malaysia the same way you did for blue chip stocks. REITs are listed on the Bursa Malaysia Stock Exchange. Sign up for a stockbroking account to buy them. For a step by step guide, click here.

More information about REITS in Malaysia


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8th Type of Investment in Malaysia: High Interest Savings Account

High interest Savings Account (HISA) has the same attributes as a normal savings account. It is an interest earning account. If you put a deposit at the start of the year, you will get a percentage of return at the end of the year, given that your balance does not fall below the initial deposit throughout the year. The only difference between HISA and a basic savings account is that the interest earned on HISA is higher than the basic. This account is only granted by the bank if you are one of their long time loyal customer with a significant capital base.

Features of High Interest Savings Account in Malaysia

  • You need to maintain the deposit amount as minimum balance throughout the year
  • You can freely deposit and withdraw money at will
  • Can enjoy cashback facilities depending on the bank

Risks of HISA

Like fixed deposits, high interest savings account is one of the safest investment available in the market because your money is protected by PDIM. You will not have to tie up your money with the bank. You can withdraw and deposit money at free will without any consequences. Your only risk is that, if your withdrawal exceeds initial deposit amount, then you may lose the high interest rate privilege.
Safe Mode – Rated 1

Time Horizon For High Interest Savings Account Investments in Malaysia

One of the best parts is that high interest savings account have no time limit. You can keep the account indefinitely.

Cost of Investing in a High Interest Savings Account Investments in Malaysia

There are no real fees associated with opening a high interest savings account.

Who Should Use a High Interest Savings Account in Malaysia

If you wish to start saving but not confident whether you will be able to commit to put away the money for the whole year, HISA is perfect for you. It is a stepping stone to start savings without having any fixed commitments. Plus, the return in a HISA is way better than a normal savings account.

Required Budget for High Interest Savings Account in Malaysia

The minimum amount to start a HISA account can be as low as RM500 to as high as RM200,000 depending on HISA you are applying for. Typically the higher the deposit, the more interest you will earn.

Typical Return of High Interest Savings Account Investments in Malaysia

Interest rate for HISA is offered depending on your credibility with the bank. So, we have looked into the best HISA account available in Malaysia and according to that your interest rate on an average ranged from 0.20%-4.1% per annum

Historical Return of High Interest Savings Account Investments in Malaysia

Since the interest rate offered for HISA depends on the deposit made by you, let’s look at the historical deposit interest rate to see how much you can be offered by the bank for maintain your balance in HISA.


source: tradingeconomics.com

Top 5 High Interest Savings Account Investments in Malaysia

If you are thinking of investing in HISA, you can refer to the table below to find the best interest rate offering HISA in Malaysia as of 2019.

Account Name Interest Rate Earned Per Annum Minimum Deposit
OCBC Al-Amin 360 Account-i 0.20-4.1% RM500
OCBC Al-Amin Booster Account-i 0.25-3.25% RM500
OCBC 360 Account 0.2-4.1% RM500
AmBank Islamic Savers' G.A.N.G Account-i 1-4% RM500
UOB Stash Savings Account 1.2-3.2% RM1

How to Invest in a HISA

Opening a HISA is same as opening a savings account. You can go to the bank counter and open the bank by paying the minimum deposit and submitting documents such as your ikad as your identity proof. Now, you can even open account online via online banking.

More Information About HISA