That is called the rolling method. It wouldn't be too profitable but it is a good start. Not everyone can afford to pay RM993/m on a monthly basis out of pocket. But if you start using the rolling method in the beginning (when you start working), you can choose to later pay out of pocket when you are more financially stable. At least if you start rolling now, you can increase your softcap.

Read more on checking your ASB softcap here