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Standard Chartered’s HDB Bridging Loan funds your new property’s down payment while you wait for sales proceeds from your existing property

HDB Bridging
HDB Bridging

Standard Chartered’s HDB Bridging Loan funds your new property’s down payment while you wait for sales proceeds from your existing property

Features

Eligibility

Eligibility

  • Aged between 21 to 65 years old
  • Singapore citizen or permanent resident selling your HDB flat or private property
  • Buying another flat from the HDB resale market or directly from the HDB
  • All owners of the flat sold must be borrowers
  • Maximum loan tenure of 6 months
  • Note: First-time buyers and contra-transactions do not qualify.
  • Terms and Conditions apply.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.