$100 Instant Cash + $199 Cashback
Min. loan repayment of 1 year to Max. of 5 years |
|
Principal Loan Amount | $10,000 |
Loan Tenure | 3 years |
Interest Rate (p.a) | 3.88% |
Monthly Instalments | $310 |
Total Amount Payable | $11,164 |
Total Interest Payable | $1,164 |
Approval Duration | Instant Approval |
Citizenship Status | Singaporean / PR |
Age Requirement | 21 - 65 years old |
Employment Status | Salaried Employee, Variable/Commission-based Employees or Self Employed |
Minimum Annual Income | $30,000 |
Processing Fee | 1st year annual fee waiver worth S$199 |
Restructuring Fee | $50 for change of loan tenure |
Late Payment Fee | $80 |
Partial Repayment Penalty | $150 or 3% of the outstanding principal, whichever is higher |
Full Repayment Penalty | $150 or 3% of the outstanding principal, whichever is higher |
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).
$100 Instant Cash + $199 Cashback
