3.88%
Interest Rate
(EIR 8.97% p.a.)
$11,164
Total Amount Payable
$0
Processing Fee
Promotion
Promotions
Min. loan repayment of 1 year to Max. of 5 years
  • Loan tenure period of minimum 1 year to a maximum of 5 years
  • Key features
    Key Features
    • MoneySmart Exclusive- 3.88% p.a. guaranteed
    • Applicable for all loan tenure and loan amount of $1,000 and above
    • 1st year annual fee waiver worth S$199 (As cashback)
    • Apply and get cash the very next banking day*
    • Borrow up to 4x your monthly income, subject to a max loan amount of S$250,000
    • *Click here for more details.
    Covered
    Repayment Summary

    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

    Next Day Cash*

    Others
    Eligibility

    Citizenship Status

    Foreigner

    Age Requirement

    21 - 65 years old

    Employment Status

    Salaried Employee, Variable/Commission-based Employees or Self Employed

    Minimum Annual Income

    $60,000

    Covered
    Fees & Charges

    Processing Fee

    $0

    Restructuring Fee

    $50 for change of loan tenure

    Late Payment Fee

    $80

    Partial Repayment Penalty

    $250 or 3% of the outstanding principal, whichever is higher

    Full Repayment Penalty

    $250 or 3% of the outstanding principal, whichever is higher

    See all personal loan

    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).