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Thread: Withdrawal of Legal Subsidy

  1. #1
    Join Date
    Jan 2007

    Default Withdrawal of Legal Subsidy

    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?

  2. #2
    Join Date
    Jan 2007


    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!

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