How do I stop my housing monthly deduction for my housing loan?
Stopping your monthly housing deduction for your housing loan depends on the type of loan you have taken.
For HDB loan
There are two ways for you to stop your housing monthly deduction.
- Submit an online application under My Flat > Purchased Flat > Financial Info > Other Related Services > Commence/Vary Monthly CPF deduction at HDB’s website with your Singpass. Your application will be processed generally within three working days upon the receipt of your request from HDB.
- Complete the CPF withdrawal form (PHS9) at HDB Branch. Please note that services at HDB office and Branches are by appointment only. If you wish to visit a HDB Branch, you can book an appointment via the e-Appointment system. Your application will be processed within three to five working days upon the receipt of your request from HDB.
For bank loan
You can stop your housing monthly deduction for your housing loan by submitting an online application with your Singpass.
Your application will be processed generally within three working days.