It is not advisable to take the loan in huge amount for example RM100k. What if you want to take another loan (house loan)? The ASB loan would be detrimental in this situation.

Another thing, when was the last time ASB made any losses or did it even happen?

If anyone of you wants to do autodebit for your ASB,ASW all you need are:

1)Photocopy of the first page of your account book (ASB,ASW) which contains all your particular.

2)Photocopy of your ic.

3)Pay slip (For government servers).

4)Approval from your employer.

For government workers, the forms must be sent to any ASNB offices or banks (If im not mistaken) but for private workers, send the form to your employer/head department.