Dividend is calculated monthly so nope you won’t lose dividend from Jan-July

Thanks!!!

Nope, you will still get your Jan-July dividend. You might miss on your August dividend though

I am offering

RM50k and above

1. 4.80% p.a with insurance/takaful (5 years tenure)
2. 4.85% p.a without insurance/takaful

Below RM50k

1. 4.90% p.a with insurance/takaful (5 years tenure)
2. 4.99% p.a without insurance/takaful

Let me know if any of you guys are interested.

Bsn is it?

No it is not. I will reveal only to prospective applicants, upon application only

Any advantage asb loan on different bank in general?

i mean my asb loan1 with bank octopus, now mayb asb2 i wanna go with bank tiger?

more or less the rate is the same right?

For every 0.1% p.a rate difference @RM100k you are losing RM100 per year to the bank.

So if you have ASB loan of RM200,000, and is getting 5.15% p.a, and there is another bank that is offering 4.85%, you are essentially losing RM600 a year

Rate plays a huge role especially for a collatoral loan with a fixed type of asset (as opposed to mortgages)

If u ask me better u take out the dividend at every month. At least the balanced left in the account still calculate for the dividend. However this method might be an hassle for some people. So its depend to you. If the bank or poslaju is near with your place than this method is applicable.

You also can take out the dividen at every quarter to pay the installment. Choose which one u feel less hassle.

For your 2nd question the answer is withdraw from both accounts to repay their own. If u only take from asb 1 can the dividend cover up for asb 2 installments too?

This post has been edited by haziqnet: Jul 30 2018, 11:30 PM

The only advantage if u can get lower rate or at least the same rate like your previous loan. Other than that not that much advantage.

If u take asbf at bank tiger u might end up pay your loan with takaful. If stay with octopus at least u get the same rate and without takaful + easy to manage because the same bank.

Nice interest rate. May i know which bank are these offers from?

This post has been edited by JJKTP: Jul 30 2018, 11:38 PM

Huaa. i just terminated yesterday n reapplied with tiger xD lololol

Come on, tell us.

Sorry, I can only reveal upon application. Once docs received and ready to submit I'll inform the prospects which bank it was

U can still apply with me, put a stop work order on the current application

Can you pm me the best rate with takaful asb loan 200k for 30 years?

Morning!

Yes, I would PM but I would share it here as well.

Rate for 200k for 30 years with takaful is: 4.8% p.a.

The name of the bank will be revealed only upon applicaiton

Hi all,
Would like to know if I terminate and reapply the loan to a smaller amount, do I need to resubmit all my latest documents (epf, payslip etc)?

Asking because past 2 months been unemployed but have a job starting in August. Would wanna have a smaller monthly commitment compared to my current one.

For some banks we only need 1 months payslip. Latest documents too.

Thanks! Looks like I'll have to wait another month if that's the case. Which would be better though,
Terminate it soon and reapply to lower rate.

Terminate end of the year to enjoy full dividend p.a and reapply then.

Guys, does affinbank consider asb dividend as income?

Not too sure about affin but maybank don't.