POSB Personal Loan

Updated 16 December 2018
3.88%Interest Rate (EIR 7.90% p.a.)
1% of loan amountProcessing Fee
$310Monthly Instalments
Get up to S$1,000 processing fee waiver
  • Apply and receive approval for a loan with a minimum amount of S$30,000
  • Must be in a single application or same-day combined applications on both DBS Cashline and Credit Card
  • Applicants are entitled to only one redemption throughout promotion period
  • Valid till 30 Dec 2018
  • Get S$120 NTUC Vouchers
  • Apply and receive approval for a loan with a minimum amount of S$3,000 in a single application
  • For new to DBS/POSB Credit Card and/or Cashline account only
  • Valid till 30 Dec 2018
  • Key features
    Key Features
    • For a limited time only, get lower fixed interest rates from 3.88%
    • Get immediate cash to your DBS/POSB deposit account
    • Get up to 10X of your monthly salary if your annual income is S$120,000 and above
    Repayment Summary

    Principal Loan Amount


    Loan Tenure

    3 years

    Interest Rate (per annum)


    Monthly Instalments


    Total Amount Payable


    Total Interest Payable


    Approval Duration

    immediate within banking hours


    Citizenship Status

    Singaporean / PR

    Age Requirement

    age 21 - 65 years old

    Employment Status

    Employed, Self-employed and Commission earner

    Minimum Annual Income


    Fees & Charges

    Restructuring Fee


    Late Payment Fee

    S$100 for Credit Card PL; S$105 for Cashline PL

    Partial Repayment Penalty

    No partial repayment allowed

    Full Repayment Penalty


    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).

    POSB Personal Loan

    POSB Personal Loan