i recommend u not to take any ASB loans offered from any banks as the profit ratio are lower compared to the other methods...as i studied on this, i found that the conventional method has the highest profit ratio (amount of profit / amount of RM invested)...

this just the theory only. based on my studies on actual samples. besides, i want to invest in this next few months also...

for term loan under ASB, interest rate yang terbaru bagi CIMB seperti berikut:-

1st-2nd year = 3.75% fixed
3rd year onwards = BLR minus 1.76%, i.e. 3.79% @ current BLR of 5.55%
Lock in period = 3 years
Insurance = optional
Margin of finance = 100%

For RHB Bank
1st -3rd year =3.8% fixed
4th to 6th years = BLR minus 1.5%
7th years onwards = BLR minus 1.6%
Lock in period = 5 years
Margin of finance = 100%
on top of that, u get a free travelling bag(some branch give Casio watch), and have a chance to participate in lucky draw to win a trip to London.

SIMPLE calculation, cost of borrowing is 3.75% to 3.8% based on the current BLR, the ASB historical annual dividen + bonus for the last 20 years were around 9%, Note that u dont have to come up with any initial money, commercial bank loan u to invest in ASB, u just need to serve monthly instalment based on the 3.75%p.a. interest, at the end of the loan tenor u get the principal loan amount from the commercial bank that invested for u + (the difference between ASB dividen minus cost of borrowing)

so u can judge by yourself whether is viable to borrow to invest in ASB????