- Local
- Studies
- 4.5%
- Interest Rate (p.a.)
- 2.5%
- Processing Fee (approved loan)
All Details
| Minimum Loan Amount | S$1,000 |
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| Maximum Loan Amount | S$150,000 |
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| Maximum Loan Tenure | 8 years |
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| Interest Rate | 4.5% |
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| Approval Duration | 1 - 2 weeks |
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| Disbursement Fee | $20 per cashier's order or demand draft issue |
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| Processing Fee | 2.5% of approved loan (min $100) |
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| Late Payment Fee | S$50 |
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| Partial Repayment Penalty | 1% of amount prepaid |
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| Full Repayment Penalty | 1% of amount prepaid |
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| Citizenship Status | Singapore Citizen or PR |
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| Age Requirement | 21 years old and above |
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| Employment Eligibility | Salaried employee, Variable income/Commission based earner, Self-employed |
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| Minimum Annual Income | Annual income S$24,000 and above (individual or with joint applicant) |
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| Guarantor/Collateral | |
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| Guarantor required if the applicant is not working or loan amount cannot be supported by applicant's income | |
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| Guarantor must be 21 - 60 years old | |
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