yes! it will reduce ur loan capability in future.. if you have not bought own house or car yet, plan wisely.. other than that, asb loan way to go.. 

This is just an example. You take 100k LASB for 25 years but spilt into 5 cert (20k each).
Every 3 years you buy back 1 cert with the dividen money (RM6500 x 3 years = RM19500)
Instead of waiting 25 years to get the cert, you'll get 100k cert in say 10-12 years.

A friend of mine doing this technique and he already bought 2 cert.

The monthly payment you're paying is the loan payment you take from Maybank. The divident you get in January every year is given by ASB (PNB), so they are separate.

When people say use your divident to pay loan, what they mean is that you have the option to take out the divident money every month, and pay it to your loan account. But you will have to initiate this yourself. Of course you can also take this divident money and go jolly, while pay off monthly loan using your salary.

Whether or not you can transfer ASB divident to your bank account via online, that you have to check with your bank. Same goes to if you want to double confirm that your 100k ASB cert is there. Banks dont lie, if you get your loan contract then it should be there. Note that when you borrow 100k, you dont borrow cash as in real cash. What you get is a 100k ASB cert parked under your ASB account to earn dividents.

your surrender value

100,000 - 95,887 = 4113

2nd years dividend let say 7.3% rate = 7300

so total for both RM11,413 (approx)

Nett profit

capital
(619x12) x 2 years = 14,856

11413 - 14856 = -3443

but the calculation above not include your insurance refund...you take the insurance for 25 years right? so u still profit but not much...

so my advice wait for few years more or terminate and refinance with another bank. PM me for more info

hope can help you...