Interest Rate
(EIR 9% p.a.)
Total Amount Payable
Processing Fee
Key features
Key Features
  • No processing fees at all, which lowers your overall repayment sum
  • Applicable for all loan tenor and loan of $1k and above
Repayment Summary

Principal Loan Amount


Loan Tenure

3 years

Interest Rate (p.a)


Monthly Instalments


Total Amount Payable


Total Interest Payable



Citizenship Status


Age Requirement

21 - 65 years old

Employment Status

Salaried Employee, Variable/Commission-based Employees or Self Employed

Minimum Annual Income


Fees & Charges

Processing Fee


Restructuring Fee


Late Payment Fee

Additional interest at the prevailing rate. If payment is overdue by 2 months, the loan will be terminated.

Partial Repayment Penalty

No partial repayment allowed

Full Repayment Penalty

3% of outstanding principal or $100, whichever is higher

See all personal loan

MoneySmart lists Personal Loan products that range between a minimum of 1 to a maximum of 7 years. The effective interest rate (EIR) of loan products on our site range from 8.5% p.a. to up to 20.0% p.a. The EIR of your loan will be dependent on the loan you apply for as well as your personal financial needs.

For example, you would need to pay S$316/month for a S$10,000 Personal Loan with a loan tenure of 3 years. This would equate to a total payment of S$11,376 over 3 years. Please view each Personal Loan product in detail for a full breakdown of the interest rate chargeable, minimum and maximum loan tenure as well as processing fees (if applicable).