Get the Best POSB Personal Loan Interest Rates for 2019 Now!

Updated 27 June 2019

Get the latest POSB Personal Loan interest rates for Singapore on See how POSB Personal Loan compares against other banks and apply instantly online.

Edit Loan Details

Loan Details

POSB Personal Loan

POSB Personal Loan


Interest Rate
(EIR 7.90% p.a.)


Total Amount Payable


Processing Fee


Per Month

Online Promotion: 3.88% p.a. interest + up to S$1,088 Cashback Valid till 30 Jun 2019.
Key Features
  • Enjoy low interest rates from 3.88% p.a. when you apply online via MoneySmart
  • For a limited time only, get up to $1,088 cashback when you apply online
  • Get immediate cash to your DBS/POSB deposit account
  • Get up to 10X of your monthly salary if your annual income is S$120,000 and above
Loan Details
Citizenship StatusSingaporean
Minimum Annual Income$20,000
Maximum Loan Tenure5 years
Processing FeeS$0
Repayment Summary
Principal Loan Amount$10,000
Interest Rate (p.a)3.88%
Loan Tenure3 years
Total Interest Payable$1,164
Total Amount Payable$11,164
Monthly Instalments$310

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).