A bank confirmation letter (BCL) is a letter from a bank or financial institution confirming the existence of a loan or a line of credit that has been extended to a borrower.

Your HLE letter will tell you: The amount of HDB housing loan you’re eligible for. Your repayment period. The interest rate of the loan. If you’re buying your second flat: The amount of proceeds from ...

I intend to take up bank loan for HDB flat. Understand that need Bank's Letter of Offer to exercise option. Qn: By when do I need to accept bank's letter of offer? Upon confirmation of first ...