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

Updated 22 February 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



Interest Rate (EIR 7.90% p.a.)

1% of loan amount

Processing Fee


Per Month

  • Get up to S$1,000 processing fee waiver
  • Get S$120 NTUC Vouchers
Loan Details
Citizenship StatusSingaporean
Minimum Annual Income$20,000
Maximum Loan Tenure5 years
Processing Fee1% of loan amount
Repayment Summary
Principal Loan Amount$10,000
Monthly Instalments$310
Interest Rate (per annum)3.88%
Loan Tenure3 years
Total Amount Payable$11,164
Total Interest Payable$1,164

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).