Updated 16 December 2018
Get the latest POSB Personal Loan interest rates for Singapore on MoneySmart.sg. See how POSB personal loans compares against other banks and apply instantly online.
Edit Loan Details
3.88%
Interest Rate (EIR 7.90% p.a.)
1% of loan amount
Processing Fee
$310
Per Month
| Citizenship Status | Singaporean |
| Minimum Annual Income | $20,000 |
| Maximum Loan Tenure | 5 years |
| Processing Fee | 1% of loan amount |
| Principal Loan Amount | $10,300 |
| Monthly Instalments | $310 |
| Interest Rate (per annum) | 3.88% |
| Loan Tenure | 3 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).
