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 ASB loan, worth to get it???

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Rashdan
post Aug 11 2011, 07:56 PM

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Joined: Mar 2011


QUOTE(fahrur_07 @ Aug 1 2011, 06:17 PM)
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
*
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.

 

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