4%
Interest Rate (EIR 7.50% p.a.)
$11,200
Total Amount Payable
$0
Processing Fee
Promotion
Promotions
Key features
Key Features
  • Enjoy 4.1% p.a. interest rate with $40k min. annual income for a 1 year loan tenor with S$1,000 minimum loan amount
  • Enjoy 4.0% p.a. interest rate with $40k min. annual income for a 2 - 5 years loan tenor with S$1,000 minimum loan amount
  • Enjoy 4.1% p.a. interest rate with $40k min. annual income for a 6 - 7 years loan tenor with S$1,000 minimum loan amount
  • S$0 Processing fee waiver
  • 1 min approval in-principle
  • Valid till 30 June 2019, applications must be approved by 31 July 2019
Covered
Repayment Summary

Principal Loan Amount

$10,000

Loan Tenure

3 years

Interest Rate (p.a)

4%

Monthly Instalments

$311

Total Amount Payable

$11,200

Total Interest Payable

$1,200

Approval Duration

1 hour approval in principle

Others
Eligibility

Citizenship Status

Foreigner

Age Requirement

21 - 65 years old

Employment Status

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

Minimum Annual Income

$40,000

Covered
Fees & Charges

Processing Fee

$88

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).