View Full Version : Withdrawal of Legal Subsidy

4th October 2012, 03:36 PM
I read that banks have stopped giving legal subsidy for home loans. Spoke with OCBC and DBS recently and they claimed that it's a MAS rule but according to the papers, MAS did not impose such a rule. Does anyone know whether there are still banks offering legal subsidy?

11th October 2012, 11:52 AM
There are still a few banks like RHB and Hong Leong Finance that are still offering legal subsidy. They may jump on the bandwagon soon though. If you need to take up a housing loan, best to get it done fast!