Updated 19 April 2019
Get the latest POSB Personal Loan interest rates for Singapore on MoneySmart.sg. See how POSB Personal Loan compares against other banks and apply instantly online.
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| Citizenship Status | Singaporean |
| Minimum Annual Income | $20,000 |
| Maximum Loan Tenure | 5 years |
| Processing Fee | 1% of loan amount |
| Principal Loan Amount | $10,000 |
| Interest Rate (p.a) | 3.88% |
| Loan Tenure | 3 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).