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 5.43% p.a. to up to 11.47% p.a., as per the latest update on 26 December 2023. The EIR of your loan will be dependent on the loan you apply for as well as your personal financial needs. For an example of a loan with 5.43% EIR, you would need to pay S$302/month for a S$10,000 Personal Loan with a loan tenure of 3 years. This would equate to a total payment of S$10,864 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).