i called up rhb to enquire about reno loan few days back and this is what i was told
1) max 3 companies
- for eg: hdb approved contractor + plumbing works + electrical works
- as long as plumbing or electrical works company is a registered company, the bank will issue the cheque
- bank will not issue to freelance
2) quotations must be provided when applying loan
3) cheque will be issued upon customer request
- 1st cheque is free
- subsequent cheque is $8 / cheque
hope this helps