no offence dun worry 

Normal rate at CIMB 5.2%
Promo rate terms and condition apply 5%.

yes i do set minimum amount of 80k loan and above for free consultation outside n9. As i said before, i only earn commission with no salary so that will include all my expenses to go and see my clients. But if i have any prospect who are interest to make loan below than the min set i will introduce him to the nearest consultant.

Other method using pos laju to apply either i sent the form by email or I will pos the form to my client. I will bear the postage cost after the loan is approved. All consultation advice will be done by using whatsapp / calling / video conference.

I hope u are satisfy with my answer. 

Hi guys,
Currently, I have been saving my salary (unused RM1k after deduct all commitment) into ASB on monthly basis. Tired of keep going to bank to deposit my money every month. Also, the counter girl keep on telling me to use ASB loan but they cant tell whats the profit of asb loan compared to asb saving.

After reading thru this thread here, now i am convinced to get the ASB loan RM200k, probably by this week.
Just wondering will this ASB loan make it difficult for me to get housing loan in future? Plan to grab a housing loan (RM300k) in the next 4 years time.

Thanks.



Thanks haziq, your explanation is good enough for me to understand the power of ASB loan. Now, need to go banks to survey for the lowest rate.

80k?


btw, whats the condition for 5% rate?

Some banks view the monthly payments as a burden and some banks view the dividends as income. Usually the latter would be the banks that provides the loans as they have better understanding in how ASB can make money for the clients.

Anyway, if they do view it as a burden, just terminate it and apply your housing loan. That 4 years would have made you a lot more than if you were to just save manually by yourself.

Why don't you contact Bro haziq for the loan?  You can see that he is genuinely committed to help and his explanations comes with facts and figures that is easy to understand.

to eligible for promo rate u must be either one of this

-Existing ASB customer
-Family Link
-Refinancing from other banks (Example rimau to sotong)
-CIMB@Work-Payroll customer (Your paycheck at CIMB)

IR will be calculate BR+1.1% + 3.9% = 5%

If u can come to Seremban i'm glad to  give you free consultation (Saturday or Sunday only) No minimum set to apply. Or just whatsapp me bro. Either u r my client or not i will give u free advice and teach u the method.
Thnks bro. 

existing customer can be from any bank, right? and Do I need to cancel the existing loan first?

yes correct. No need.

Hi guys,
Currently, I have been saving my salary (unused RM1k after deduct all commitment) into ASB on monthly basis. Tired of keep going to bank to deposit my money every month.

Thanks...

If I go to branch myself, can I still get the promo rate? or only through consultant?

yes can bro...just tell them u have existing asb from another bank and ask them about the promo rate. Make sure u bring the Offer letter or latest ASB Statement and give it to the bank officer...

plus free advice from me. If u want to apply ASB without insurance or for certain years you need to tell the bank officer. If not automatically they will apply you ASB with full Takaful. Install Financial calculator from Playstore or APPstore to calculate your monthly commitment without insurance. Other advice apply loan for max 30 years.

Thanks for the info

Your welcome Save my no bro for future reference... Im glad to help either u r my client or not by whatsapp.

Number saved!.
Actually,  how does asb refinancing with two different banks work?

no difference. Bank is only a platform for u to get the loan. All investment still do by PNB. Just now u have 2 different banks to pay for the installments.

Still your ASB credit limit will be base on your current loan amount. Let say u already have 100k loan, so u only can apply for another 100k loan...but make sure all the dividend available in your ASB account need to take out first. Or your loan will be reduce. For example your loan 100k your dividen 4k so your total asb is 104k. Based on that you can apply another 96k of loan (Max 200k)

if u already max out 200k the other option for u is to open ASB2 account.

no difference. Bank is only a platform for u to get the loan. All investment still do by PNB. Just now u have 2 different banks to pay for the installments.

Still your ASB credit limit will be base on your current loan amount. Let say u already have 100k loan, so u only can apply for another 100k loan...but make sure all the dividend available in your ASB account need to take out first. Or your loan will be reduce. For example your loan 100k your dividen 4k so your total asb is 104k. Based on that you can apply another 96k of loan (Max 200k)

if u already max out 200k the other option for u is to open ASB2 account.

cannot afford 100k...

Anyway, thanks bro haziq

Hai Mr haziq, may i get your phone number as well for consultation?
i came from Seremban but currently based in KL, mybe we can meet up one day.

new comer in this thread btw, very informative! 

no difference. Bank is only a platform for u to get the loan. All investment still do by PNB. Just now u have 2 different banks to pay for the installments.

Still your ASB credit limit will be base on your current loan amount. Let say u already have 100k loan, so u only can apply for another 100k loan...but make sure all the dividend available in your ASB account need to take out first. Or your loan will be reduce. For example your loan 100k your dividen 4k so your total asb is 104k. Based on that you can apply another 96k of loan (Max 200k)

if u already max out 200k the other option for u is to open ASB2 account.

Hi Hafiq,

Hmm does it work that way?

As far as I know, I had applied for 150k few years back and had a cumulative dividend of 40k. Then subsequent I took additional loan of 50k without having to take out the 40k of my own money. Why is that so?

As mentioned by the consultant, whatever dividend earned from previous years wont be taken into consideration of the total 200k limit.

Hope you can clarify on this.

What year you take that additional loan 50k? This 200k maximum loan start at mid 2015. Before that yes can apply more. Now if u already max out 200k at asb 1 the only option for u is to open asb 2 account.

Read this,

Hope u will understand more about the new credit limit. This is the post by my colleague.
ASB Financing Lebih 200k, Kesan Jika Terminate
===================

Sekarang ni maximum ASB Financing adalah 200k sahaja. Syarat ini bermula pada pertengahan tahun 2015. Bagi orang yang telah melayan asbf sejak sekian lama, ramai antara mereka mempunyai asbf melebihi 200k. (Otai ni 😄 ).

Ada yang ada 210k, ada yang ada 250k, ada yg 400k. Macam2. Untung lah orang2 dulu. Tu lah, sape suruh skrg baru nak layan asbf. 😂
Tapi yang baru nak layan asbf tu ok lah lagi kalau nak bandingkan dengan orang yang sampai sekarang pun xnk buat-buat lagi asbf. Jeng palo. 😅

Tetapi ‼️

Jika korang sudah ada 250k asbf, dan jika korang mahu terminate 100k dan reapply balik, korang sudah TIDAK LAYAK untuk buat 100k lagi. Hanya layak 50k je lagi.

Bermaksud maximum korang punya asbf hanya dibenarkan 200k je. Walaupun dulu korang pernah ada 250k asbf dalam satu masa.

Jadi, sebelum buat refinance or apa2 ke, pastikan buat kira2 dahulu. Adakah apa yg korang nak buat ini lebih untung atau sebaliknya. Fahamkan tujuan dan take action.

We Share because We Care

- Hafiz Kadir -

I have taken up the additional 50k loan just last year (2016).

I knew about the limit of 200k starting mid of 2015 but the bank (CIMB) allowed me to take up another 50k on top of the original 150k loan and dividend in account of 40k. I just kept quiet and peruse to taking it up but just wanted to understand on what was mentioned by you and what is practically happen on my case.

Dividends don't count into your max contribution. You can still inject cash/sijil up to a max of 200k. After that any dividends only serve to expand your limit.

So 150k, you earn dividends...  But your initial cash/sijil injection is still only 150k. So you can still put in 50k which was why you were successful in applying the loan. No need to take out dividend