Better to put lump sum. ASB dividend calculation is based on average minimum balance u have each month. i.e:
if u dump in 16k in dec 2013 n maintain that value until end of dec 2014, the dividend calc is as per below:
min value each month = 16k
average monthly balance in a year period: 16k x 12 / 12 = 16k. if the dividend is 10% then the div u get is 10% out of 16k = 1.6k as dividend in 2014.
If lets say u put 1k a month, the calculation for average is (1k+2k+3k+4k+5k+6k+7k+8k+9k+10k+11k+12k ) / 12 = 6.5k. Dividend will be 10% from 6.5k = 0.65k.

One more thing...better to save on ur own compare to take asb loan if u think u can be very discipline. make a detail calculation n u will see why....can earn double if saving on own

Because of compounding dividend, gain more dividend.
Let say monthly you deposit 300 in asb. 1 year will be 3600 & dividend around 150 < -- monthly basis dividend calculation.

If loan, with 300 monthly you can get 50k loan. 1 year can get 3800 dividend.
(dividend rate =7.7%)
Same answer as above my post.
In form of certificate, held by the bank.
The amount will no show it the asb book but you can check at PNB office for the amount.

Depends on ur discipline and needs.
If u jenis yg no discipline, take asb loan...u hospitalized ka, kahwin ka, dapat anak ka, car broke down ka, petrol naik rege ka, mau beli rumah ka, u have to bayar to bank / terminate loan kalau xmampu bayar.

If u know cincai2 (after consider any unexpected event) u can save at least 1k a month, better don't sign for loan.
4 years ago i use loan coz wanna force to save. after 13 months i terminate to get money. That saved me during that day.
Now i know i got much spare so decide to not use asb. I did all the calculation in Excel and found out a very surprising fact:
Case scenario 1 : asb loan 100k term 10 yrs, monthy rm1059..
Total bayar ke bank: 1059*12*10 = rm127,080
Jumlah pendapatan (yearly div stays in asb, assume div 7%, include amount 100k): rm196,714
Untung bersih (money in asb after 10yrs - total pay to bank): rm69,634

Case scenario 2 : no loan, install rm1059 to asb monthly for 10 years..
Total bayar ke bank: rm0
Jumlah pendapatan (1059*12*10 plus all dividen assuming 7%, never withdraw $) : rm182,237
Untung bersih : rm182,237

Using Excel, correct me if wrong. U see? nearly triple profit compare to loan.

Yes correct. It will include in the processing fee of RM63. You need to pay this in your 1st installment.
if u dont have any problem to pay for the current installments u can just go on. But if u want to get the lower rate yes u can always terminate and reapply.

Or if u r eligible you can maximize OPM by adding another 200k financing and get the lower rate. You can switch to pay the lower rate installment and for your current asb 200k pay by using the dividend. By doing this u can earn more profit than terminate and reapply for the better rate. PM me for more info.

Ha, as I expected lah. So this year is actually 7%? hurm...... I wonder why don't they just say it that way?