pls check again as CIMB only offer max tenure of 20 yrs

insurance is insurance, if you have dependent then i think it is ok

secondly, go for maximum tenure even if you plan to withdraw after penalty period... this is to ensure positive cashflow... if negative then might as well lodge straight into ASB without any financing

Yes, CIMB only 20 years la.... Maybank on the other hand can loan up to 25 years.

But the rate is good, 4.65% flat for two years.

In my case, i loaned RM110k from CIMB and RM85k from Maybank.
I'm still an undergraduate with a year to go, no guarantor, just need to pay a substantial amount at first. Still got it, so no need test test whether can get it, will most likely get it.

if anyone interested to apply asb with maybank , pls pm me

mind to share how is the asb work actually?

you take the loan eg Rm100k
then bank will put the RM100k in your asb acc in certificate form
the certificate will be kept by the bank
after finish pay your loan, you will get the certificate
if dividen around 8% per year, you will get RM8000 every year

the dividen we will be getting after the maturity period?

Loan maturity? No.

You can collect after PNB declared dividend every year.

It will be credited into your ASB passbook.

so it means that as long as i still have money in asb i will be getting deviden everyyear until i withdraw it?

Yes, money make money

yeah..
you can use the dividen you get to pay for next year monthly installment

sound interesting, but i guess no luck for nonbumi?

ASB - Amanah Saham BUMIPUTRA

you guess it right

yeps, only for bumi

So the RM100k will not show up in your ASB book?
I was a little worried after updating my ASB book for the first time (after a few years) and it only showed RM17,000.

this type of investment only happen in malaysia...

no need effort also can get money in return...

just because of colour...

ini memang 1 malaysia... malays 1st other second as mention by TPM

if taking loan, there's a risk the blr will shoot up more than the dividend paid by the pnb. it happened in 1998 when blr >12 (correct me if im wrong). if that happens, then the monthly payment will double liou.

What i dont understand is, as far as i am concern, the blr is parallel to the economic growth. that means, if economic is good, then blr is higher. so when the economic is good, would asb investors receive higher dividend due to the fact that all investments leads to profit?? clarify plz.

Mind to share why Maybank Islamic "HOLD" all application for ASBLOAN?


Great Magic money rite? Invest RM13k 1st year, then wait 25 years, get 200k

they already hold it? damn, was about to take the islamic loan since i heard that the islamic loan doesn't have the lock in period

I heard from 1 of ma fren...when u ald have asb loan..it will effect ur housing loan..is that true..

How to get it?