the best choice is CIMB bank..believe me

5% person if u have an offer letter from previous ASB loan from another bank...if not 5.2%...

anyway its quite many u can do with LASB...i can consult u how to benefit ur ASBF...just pm me...

Quite a few wrongs there buddy....

First, for without loan, you cannot deposit RM 360,000.00 as the max you can deposit is RM 200,000.00. So you are stopped right in your tracks there in terms of injecting more cash into ASB.

Second, for the loan calculation, you shouldn't minus the 'cost'. This is because in both scenarios, each would pay RM 1,200.00 per month. The interest is already factored in. To put it simply... At the end of the day, how much would each have in the bank to FREELY utilize? The loan guy doesn't have to give back the bank RM 360,000.00 at the end does he? NOPE. He is free to spend RM 1,145.083.00 as he sees fit. And the non-loan guy gets to spend his RM 977,756.00

SO.... loan actually earns more by : RM 1,145,083 - RM 977,756 = 167,327.00. Although, the non-loan guy would never ever able to reach RM 977,756 as he could only actually deposit RM 200,000.00 and not RM 360,000.00. Once he does reach the max 200k, he can only sit and watch while compounding interest takes over. And this is even before we apply the different techniques like terminate/reaaply every 3 years to further boost the ROI.... it would leave the non-loaners in the dust left behind by the loaners...

This topic has been argued or debated countless times and it has already been established beyond any shadow of doubt that Loan earns more.

Loan is a debt, with takaful your debt will be settled in the event of your death, thats the pros.

Takaful is added cost to your loan principal amount, that the cons.

For my ASB loan I take takaful with full tenure, because my objective is long term...

It depend on your strategy...

best rate is cimb 5.0% for 30 years and mbb 4.9% for 25 years

for sure 5.2% 30 years will be a good choice.

with CIMB next time you refinancing you will get 5% (as long as the promotion still valid)

now got promo right by cimb? ask your banker lor

maybank got 4.9%...for aspire clients i reckon 

U got chapalang banker mang..cannot use want     

22/12/2016 11-55ST: Amanah Saham Nasional Bhd hari ini mengumumkan agihan pendapatan sebanyak 6.75 sen seunit dan bonus 0.50 sen seunit bagi Amanah Saham Bumiputera (ASB) bagi tahun kewangan berakhir 31 Disember 2016.

Anak syarikat Permodalan Nasional Bhd (PNB) itu turut mengumunmkan agihan pendapatan sebanyak 5 sen seunit bagi Amanah Saham Nasional (ASN) bagi tahun kewangan yang sama. - BERNAMA

I would recommend force saving. If you intend to terminate it, do it after 5 years.
I use CIMB. Rate 5.0%.
Affin Bank may give 4.9%

I saw in BSN asbf webpage that they offer 4 65% for those with less than rm3k salary and 4.7% for those with more than rm3k salary. Can anyone confirm this?

Anyone knows which bank or even agent that does ASB/ASB2 loan without takaful? Thanks! 🙏🏻

Is there any benefit in taking takaful if you’re planning to cancel and refinance the loan?

Sorry newbie question

hi guys. fresh grad on first paycheck here, confused about a couple of things regarding asb loans:

1. why do people tend to maximize the loan tenure? when i use calculator, despite having a higher monthly commitment, shorter tenure loans in the long run leads to lower total payment. is there something i am missing?

2. i read earlier in this thread that people cancel their loan every 3 years and reapply? this one completely confuses me. won't it be better to fully pay off your loan? how is this viable?

3. now that asb is closed for the year, is it better for me to wait until it reopens for me to apply for the loan? or will i only have to start paying for the loan once asb is opened again?

thanks in advance guys