- From 4.38%
- Interest Rate
- S$54,380
- Total Amount Payable
- S$1,250
- Processing Fee
All Details
| Total Interest Payable | S$4,380 |
|---|
| Monthly Payment | S$2,266 |
|---|
| Total Amount Payable | S$54,380 |
|---|
| Processing Fee | S$1,250 |
|---|
| Effective Interest Rate | 4.38% |
|---|
| Annual Interest Rate | 4.38% |
|---|
| Approval Duration | N/A |
|---|
| Citizenship | Singaporean/Pr |
|---|
| Principal Loan Amount | S$50,000 |
|---|
| Loan Tenure | 2 Years |
|---|
| 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 |
|---|
| Minimum Annual Income | S$18,000 |
|---|
| 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 |
|---|
| Processing Fee | 2.5% of approved loan |
|---|
| Disbursement Fee | No charges for issuance of Cashier's order/demand draft to the instituitions |
|---|
| Late Payment Fee | S$30 |
|---|
| Partial Repayment Penalty | No Charges |
|---|
| Full Repayment Penalty | No Charges |
|---|
| 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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