Hi everyone,
I signed up for asb loan from cimb months ago. Is there a way that I could pay my asb monthly repayment through maybank2u? I don't own a cimb account so it's a bit hassle to go to cdm.

Hi All,

I signed up for ASB loan around 3 months ago, and now I think I need to cancel because I am having difficulties to pay every month (money problem). I haven't missed any payment so far and if I wish to cancel, will they charge me any penalty fees and do I get back what I paid so far?

It is with CIMB. Yes last time I signed up, I think the officer were saying about the no lock period. So meaning that whatever it is I still can get back the amount I paid? Will the cancellation process be easy?

I see. From my understanding, usually in the beginning we pay more interest than SV right? I don't really know the calculation, but let say my monthly commitment is 300. So interest is around 250+, for 3 months, I might get back less than 150? Is this right?

This post has been edited by fakerdemit: Jun 14 2017, 08:14 AM

Hi all, i have an asb loan with cimb bank. Can i still use the myasnb app to check my statement or dividend? If yes, I just need to update my phone number at any branch and register correct?

Can I also ask one more thing if you don’t mind - if I’m going to take out the dividens, do I need to bring the book with me? First time asb loaner here so pls bear with me hehe

Anyone know how much you'll get when you terminate the loan? Last month I terminated my 65k loan for 3 years, and today only RM700 is deposited into my account. I feel like something not right here.

Okay so my loan period is 30 years with ir of 5.30%. I checked the amortization schedule using one of the calculator online and at 36 months, my balance is at RM63052. So 65k - 63052 = 1948. Is my calculation correct here? If so, then it doesn't make sense that I received only RM700 back.

But maybe what @lotter92 was saying above could provide some explanation to it. Yes I did have takaful attached to my loan but how do I check for this? Do I need to call the bank and check?