Interest Rate
(EIR 7% p.a.)
Total Amount Payable
Processing Fee
Min. loan repayment of 1 year to Max. of 7 years
  • Loan tenure period of minimum 1 year to a maximum of 7 years
  • Key features
    Key Features
    • Enjoy 3.7% p.a. interest rate with min. S$30k annual income for 2 -4 years loan tenor
    • Enjoy 3.8% p.a. interest rate with min. S$30k annual income for 1 year, or 5-7 years loan tenor
    • Minimum S$5,000 loan amount, up to S$200,000
    • S$0 processing fee
    • Valid till 31 Jan 2020
    • Cash the next day in your account upon complete submission of documents for loan amount of less than S$100,000
    • Applications must be approved by HSBC by 29 Feb 2020
    • 1 min approval in-principle
    • Bank T&Cs apply
    Repayment Summary

    Principal Loan Amount


    Loan Tenure

    3 years

    Interest Rate (p.a)


    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, Variable/Commission-based Employees or Self Employed

    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

    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).