HSBC's Personal Loan

Updated 21 August 2018
4.80%Interest Rate (EIR 9% p.a.)
3 yearsLoan Tenure
$318Monthly Instalments
1 minute in-principle approval
  • Valid for applications submitted online between 8 am and 11.59pm only
  • Approval in-principle is only valid for 14 days during which the applicant must submit the necessary documents to the Bank for processing
Key features
Key Features
  • As low as 3.7% p.a. interest rate, with $80k min. annual income
  • $50 Cashback (Online Exclusive) + Processing fee waiver (worth $88)
  • 1 min approval in-principle
Repayment Summary

Principal Loan Amount


Loan Tenure

3 years

Interest Rate (per annum)


Monthly Instalments


Total Amount Payable


Total Interest Payable


Approval Duration

1 minute approval in principle


Citizenship Status

Singaporean / PR

Age Requirement

21 - 65 years old

Employment Status

Salaried Employee

Minimum Annual Income


Fees & Charges

Processing Fee


Late Payment Fee

2.5% + prevailing interest on overdue amount

Partial Repayment Penalty

2.5% of redemption amount

Full Repayment Penalty

2.5% of redemption amount

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).

HSBC's Personal Loan

HSBC's Personal Loan