ade pending loan outstanding? if yes, then u need to settle it first b4 proceed cancellation

only stated principal outstanding is RM9++ something.

My sister got RM4++ principal outstanding but it turn to RM0 by itself after 1 weeks
Dia cakap dia tk bayar pun yang outstanding tu. dia hilang sendiri.

masa termination tu, sy dengan dia pergi branch yang berasingan dan dia proceed untuk cancel tu 2 minggu awal dari sy.

i done termination on 1st april 2022 cz want to take new asb loan with lower interest rates. they check on my existing loan, so got some outstanding, straight paid, then she proceed with the form for cancellation, sign on the form etc2. then 15 April, received the extra cash from the termination of existing loan.

Hi guys, I am new in this forum
I am currently doing ASBF since 2019 with RM70k loan with max tenure installment (35 years)

On 1st April 2022, I went to CIMB bank and request for termination and last week before raya got follow up with the officer and she said I got shortfalls and bank cannot close my ASB account yet. I need to pay the amount of shortfalls first.

Btw, my sister also terminated her ASBF and got no issues since we both taking the same bank at the same time.

someone can clarify this?

Any of you taking moratorium?

yeah, we both did.

Of the same duration?

hi guys, my wife want to buy small unit house around 160k, im thinking has anyone here did analysis whether it is worth it to take asb loan, and then paid the house in cash, then just service the asb loan. any advantage compare to house loan?

You can't use the ASB loan to buy anything. The mony is locked with the certificate.

You can't use the ASB loan to buy anything. The mony is locked with the certificate.

Probably he already got cash RM160K, instead of keeping cash in ASB, he use it to pay house cash. Then take ASB loan, pay instalment for ASB loan instead of house loan. The catch is his ASB still generating dividend.

ya bro, already got cash inside. My wife and myself very trauma with houseloan. Felt like being cheated, and so many cost to pay.

Hi Sifu, what is the difference between ASB 1, 2 and 3?

While waiting for value added responses, I Google n found this, hope it can provides you with some info while you wait,
Everything You Need To Know About Amanah Saham Bumiputera
https://www.imoney.my/articles/everything-y...-bumiputera-asb

so its better to max out ASB 1 and 2 followed by 3?

you need to see and compare the historical dividend rate and the ease of you getting the units as and when you needed it...

but both ASB 1 and 2 has a cap of 200k right?

How is yours interest rate after this increase OPR?