- From 4.38%
- Interest Rate
- S$20,876
- Total Amount Payable
- S$500
- Processing Fee
All Details
Total Interest Payable | S$876 |
---|
Monthly Payment | S$1,740 |
---|
Total Amount Payable | S$20,876 |
---|
Processing Fee | S$500 |
---|
Effective Interest Rate | 4.38% |
---|
Annual Interest Rate | 4.38% |
---|
Approval Duration | N/A |
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Citizenship | Singaporean/Pr |
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Principal Loan Amount | S$20,000 |
---|
Loan Tenure | 1 Year |
---|
Minimum Annual Income | S$18,000 |
---|
Maximum Loan Tenure | 10 Years |
---|
Citizenship Status | Singapore Citizen or PR |
---|
Age Requirement | 17 - 65 years old (upon loan maturity) |
---|
Employment Status | Salaried employee, Variable income/Commission based earner, Self-employed |
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Minimum Annual Income | S$18,000 |
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Guarantor/Collateral | Guarantor required if student is below the age of 21 and/or studying on a full time basis and/or studying overseas and/or do not meet min. income requirement of $18k per annum and/or requires a loan higher than the eligible credit limit. Guarantor must be 21 - 65 years old (upon loan maturity). Singapore Citizen or Singapore PR only and have a minimum income of $24,000 per annum. Must be an immediate family member |
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Processing Fee | 2.5% of approved loan |
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Disbursement Fee | No charges for issuance of Cashier's order/demand draft to the instituitions |
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Late Payment Fee | S$30 |
---|
Partial Repayment Penalty | No Charges |
---|
Full Repayment Penalty | No Charges |
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Minimum Loan Amount | S$20,000 |
---|
Maximum Loan Amount | S$160,000 |
---|
Maximum Loan Tenure | 10 years |
---|
Approval Duration | 1 - 2 weeks |
---|
Interest Rate | 4.38% |
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