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Repayment of a wider pool of loans may be deferred from 6 May

The Monetary Authority of Singapore (MAS) announced that individuals may request for the deferment of loan repayments which include commercial and industrial property loans, education, renovation, and motor vehicle loans starting 6 May 2020.

The measure is part of the second relief package rolled out by MAS in order to aid Singaporeans who are financially burdened due to the Covid-19 pandemic.

– May 4, 2020

Read Full Article at https://www.propertyguru.com.sg/property-management-news/2020/5/188009/repayment-of-a-wider-pool-of-loans-may-be-deferred-from-6-may-mas

Posted in Singapore News, Singapore Property News and tagged , .