we follow the majority...HARUS

Actually it is up to individuals.
If u more comfortable to go with Selangor fatwa and Asb is haram for u.
If u feel fatwa Kebangsaan is more correct and u have confidence in them so u go for Harus.

But some people, for rokok they will ignore fatwa Kebangsaan and asb they will choose fatwa Kebangsaan, that is not a good way to choose i guess.

I got 5.0% for ASB2 loan RM200K...

Current my ASB1 loan RM200k with 5.2%.. if i want to switch it to 5% for ASB1, I need to apply new loan and terminate the old loan...

This post has been edited by abgkik: Jun 5 2016, 12:00 AM

Hi Sifu2,
When is the best time to make loan for ASB? end of year? beginning of year?

Depend on what you're trying to achieve
If you want to do rolling dividend technique, beginning of ASB financial year is the best.

thanks...i am planning for dividend rolling technique.

waktu yg terbaik 20 tahun dulu...
waktu kedua terbaik sekarang.. ASAP

Assume current br rate is 4%.
Is the br rate fixed, tru out the loan tenure?

Also what other hidden cost need to pay for asb loan? Insurance,stamp duty,legal or cost need to consider?
How much it cost n is it factored in the monthly repayment?

Which method provid higher roi%?
1. Pay monthly the whole loan tenure?
2. Pay for few years until dividen can cover monthly payment?
3.any othet method?

Thanks

while waiting for value added responses I found this while googling...
hope it helps provides some added info while you waits....
https://loanstreet.com.my/learning-centre/a...loans-explained
https://www.imoney.my/articles/everything-y...-bumiputera-asb
http://www.horlic.com/grow-your-money-fast...oan-is-it-true/
http://asb-loan.blogspot.my/p/kelebihan-asb.html

more on google....

br naik 0.1% untuk asbf cimb islamic

Time is money...

better late than never

sorry, kind of newbie question here.. can the asb still be compunded to 400k from 200k loan nowadays?

There is no limit to the compounding interest.
The limitation of 200k is for loan. Back then we can apply ASB loan for up to 400k(depending on our ASB account limit), but that privilege no longer exist.

is it true that cut-off date is 7th day of every month? i got loan approved but not sure the timing is right

example balance on these dates are:

01/11 - RM 10,000
05/11 - RM 12,000
28/11 - RM 14,000

your least balance amount for November is 12,000 (not 10k)

Any banker out there with good deals for asb loan?
Currently paying 5.7% for 20 years - maybank.
Pls PM me

Shit. That's ridiculous
You can literally walk-in to any bank and get 5.2%. Some like Affin and CIMB does offer 5.0%

Just spoke to affin bank people who at my request, came to my office. Good service.

They offer a promotional rate of 5.0% with minimum 5 years insurance.

Can share contact of Affin bank?

Beside affin, whick bank is still having 5% promotional rate currently?

Maybank...