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OCBC Renovation Loan Flat Rate
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OCBC Renovation Loan Flat Rate

Reasons To Get This Renovation Loan:
  • Only bank in Singapore to allow third party borrower
  • Loan disbursed 1 working day after approval
  • Free Insurance protection to cover outstanding loan in case of death or total permanent disability
OCBC Renovation Loan Flat Rate

OCBC Renovation Loan Flat Rate Highlights

years

2.86%

Flat rate

1% of approved loan

$381

Per Month

OCBC Renovation Loan Flat Rate

Repayment Summary

Principle Loan Amount
$20,000
Monthly Instalment
$381
Interest Rate (per annum)
2.86%
Loan Tenure
5 years
Total Amount Payable
$22,860
Total Interest Payable
$2,860

Key Product Features

Minimum Loan Amount
$5,000
Maximum Loan Amount
$30,000
Max Loan Tenure
5 years
Interest Rate
2.86%
Approval Duration
1-2 weeks

One-time Fees & Charges

Disbursement Fee
Up to 3 Cashier's Order (Free). Subsequent Cashier's Order are chargeable at $20 each.
Processing Fee
1% of approved loan

Penalties & Late Fees

Late Payment Fee
Late Payment Fee $50
Partial Repayment Penalty
2% on the prepaid amount
Full Repayment Penalty
2% on the outstanding loan amount

Eligibility

Citizenship Status
Age Requirement
21 to 59 years old
Employment Eligibility
Guarantor / Collateral
Minimum Annual Income
OCBC Renovation Loan Flat Rate

Apply Online for This Renovation Loan Now!

OCBC Renovation Loan Flat Rate

Apply Now