New York Stock Exchange · Financial Services
Invest in American Savings Bank, N.A. stock from India
Indian and foreign residents can buy American Savings Bank, N.A. (ASBH) shares directly through Paasa.
By Paasa · Updated
American Savings Bank, N.A. at a glance
- Price
- $17.21-$0.33 (1.88%)
- Market cap
- $1.12B
- Day range
- $17.21 – $17.75
- P/E
- —
- Dividend yield
- None
- Volume
- 32.24K
How to invest in American Savings Bank, N.A. from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search ASBH and buy
Find American Savings Bank, N.A. by name or by its ticker, ASBH, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.
Why invest in American Savings Bank, N.A. from India
What American Savings Bank, N.A. does
American Savings Bank, National Association operates as a national banking association that provides various financial products and services to individual and business customers in Hawaii. The company offers various banking and borrowing services, such as checking, savings, online banking, certificates of deposit (CDs), mortgages, loans, home equity lines of credit, credit cards, student loans from College Avenue, and individual retirement accounts (IRAs); and investment and insurance services, including brokerage individual retirement accounts (IRAs) and investments from Cetera. American Savings Bank, N.A. operates in the Banks industry within the Financial Services sector.
Hold a dollar asset
American Savings Bank, N.A. shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a share
Buy by amount, not by share, and get the matching fraction of one American Savings Bank, N.A. share. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US stocks? Here's what US estate tax means for you.
US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
There are two ways to plan for it: keep the right estate documentation in place, or get your financial services exposure through a UCITS ETF instead, which sits outside US estate tax.
Frequently asked questions
Can I buy American Savings Bank, N.A. stock from India?
Yes. Indian residents and NRIs can buy American Savings Bank, N.A. (ASBH) shares directly through Paasa. American Savings Bank, N.A. is listed on the New York Stock Exchange, in the Banks industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full American Savings Bank, N.A. share?
No. You can buy part of one American Savings Bank, N.A. share and add to your position over time. One share is $17.21, and you can buy whole shares or any fraction; there is no minimum trade size.
How are American Savings Bank, N.A. dividends taxed for Indian investors?
American Savings Bank, N.A. does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, the US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell American Savings Bank, N.A. shares?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
What happens to my American Savings Bank, N.A. shares if I pass away?
US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. There are two ways to plan for it: keep the right estate documentation in place, or get your financial services exposure through a UCITS ETF instead, which sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.