For full functionality of this page it is necessary to enable JavaScript. Here are the instructions how to enable JavaScript in your web browser
OCBC Renovation Loan Monthly Rest
Compare

OCBC Renovation Loan Monthly Rest

Reasons To Get This Renovation Loan:
  • Only bank in Singapore to allow third party borrower
  • Loan disbursed 1 working day after approval
  • Free Insurance protection to cover outstanding loan in case of death or total permanent disability
OCBC Renovation Loan Monthly Rest

OCBC Renovation Loan Monthly Rest Highlights

years

5.37%

Monthly rest

$200 + 1% admin fee of approved loan amount (min $100).

$381

Per Month

OCBC Renovation Loan Monthly Rest

Repayment Summary

Principle Loan Amount
$20,000
Monthly Instalment
$381
Interest Rate (per annum)
5.37%
Loan Tenure
5 years
Total Amount Payable
$22,849
Total Interest Payable
$2,849

Key Product Features

Minimum Loan Amount
$5,000
Maximum Loan Amount
$30,000
Max Loan Tenure
5 years
Interest Rate
5.37%
Approval Duration
1-2 weeks

One-time Fees & Charges

Disbursement Fee
Up to 3 Cashier's Order (Free). Subsequent Cashier's Order are chargeable at $20 each.
Processing Fee
$200 + 1% admin fee of approved loan amount (min $100).

Penalties & Late Fees

Late Payment Fee
Late Payment Fee $50
Partial Repayment Penalty
2% on the prepaid amount
Full Repayment Penalty
2% on the outstanding loan amount

Eligibility

Citizenship Status
Singaporean or Singapore PR
Age Requirement
21 to 59 years old
Employment Eligibility
Salaried or Self Employed
Guarantor / Collateral
N/A
Minimum Annual Income
  • Minimum annual income of S$24,000 for single and/or joint applicants
  • Only bank to accept third party applicants (where applicant is not the home owner)
OCBC Renovation Loan Monthly Rest

Apply Online for This Renovation Loan Now!

OCBC Renovation Loan Monthly Rest

Apply Now