Example of Personal loan from the different bank with S$10000 Loan amount and 3 years loan tenure.

S$10,000

Loan amount

3 years

Repayment Period

HSBC Personal Loan

3.7%

Annual Interest Rate
EIR 7% p.a

S$0

Processing Fees

S$309

Monthly Repayment

Key Features

  • Enjoy 3.7% p.a. interest rate with min. $30k annual income for 2 -4 years loan tenor
  • Enjoy 3.8% p.a. interest rate with min. $30k annual income for 1 year, or 5-7 years loan tenor
  • Minimum S$5,000 loan amount, up to S$200,000
  • Maximum loan amount of up to 4x your monthly income with an annual income from S$30k to S$120k and up to 8x with an annual income of S$120 or more, or up to S$200,000.
  • Valid till 30 Sep 2019.

Loan Details

Citizenship StatusSingaporean / Foreigner
Minimum Annual Income$30,000 / $40,000
Maximum Loan Tenure7 years
Processing Fee$0

Repayment Summary

Principal Loan Amount$10,000
Interest Rate (p.a)3.70%
Loan Tenure3 years
Total Interest Payable$1,110
Total Amount Payable$11,110
Monthly Instalments$309

 

Standard Chartered CashOne Personal Loan

3.88%

Annual Interest Rate
EIR 7.97% p.a

 

S$0

Processing Fees

S$310

Monthly Repayment

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)
  • Get a loan of up to 4x your monthly salary, capped at S$250,000.
  • Get cash up to 4x of your monthly salary or 10x if your annual income is S$120,000 and above.
     

Loan Details

Citizenship StatusSingaporean / Foreigner
Minimum Annual Income$30,000 / $60,000
Maximum Loan Tenure5 years
Processing Fee$0

Repayment Summary

Principal Loan Amount$10,000
Interest Rate (p.a)3.88%
Loan Tenure3 years
Total Interest Payable$1,164
Total Amount Payable$11,164
Monthly Instalments$310

POSB Personal Loan

3.88%

Annual Interest Rate
EIR 7.97% p.a

 

S$100

Processing Fees

S$310

Monthly Repayment

Key Features
  • Enjoy low interest rates from 3.88% p.a. when you apply online via MoneySmart
  • For a limited time only, get up to $1,088 cashback when you apply online
  • 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
Loan Details
Citizenship StatusSingaporean
Minimum Annual Income$20,000
Maximum Loan Tenure5 years
Processing FeeS$0
Repayment Summary
Principal Loan Amount$10,000
Interest Rate (p.a)3.88%
Loan Tenure3 years
Total Interest Payable$1,164
Total Amount Payable$11,164
Monthly Instalments$310
 

CIMB CashLite Personal Instalment Loan

4.5%

Annual Interest Rate
EIR 8.41% p.a

S$0

Processing Fees

S$315

Monthly Repayment

Key Features

  • Loan amount is drawn from existing CIMB Credit Card at up to 90% of the available credit limit. New to bank customers will be opening a CIMB credit card account.
  • Enjoy annual fee waiver on credit card for life
  • Minimum loan amount of $1,000
Loan Details
Citizenship StatusSingaporeans / PRs
Minimum Annual Income$30,000
Maximum Loan Tenure5 years
Processing FeeS$0

Repayment Summary

Principal Loan Amount$10,000
Interest Rate (p.a)4.5%
Loan Tenure3 years
Total Interest Payable$1,340
Total Amount Payable$11,340
Monthly Instalments$315
 

Citibank Quick Cash Loan

4.55%

Annual Interest Rate
EIR 8.5% p.a

S$0

Processing Fees

S$316

Monthly Repayment

Key Features
  • No processing fees at all, which lowers your overall repayment sum
  • Applicable for all loan tenor and loan of $1k and above
  • Borrow up to 4x your monthly salary, with a minimum loan amount of $1,000
Loan Details
Citizenship StatusSingaporean / Foreigner
Minimum Annual Income$30,000 / $42,000
Maximum Loan Tenure5 years
Processing Fee0%
Repayment Summary
Principal Loan Amount$10,000
Interest Rate (p.a)4.55%
Loan Tenure3 years
Total Interest Payable$1,365
Total Amount Payable$11,365
Monthly Instalments$316

UOB Personal Loan

4.25%

Annual Interest Rate
EIR 8.86% p.a

1.5%

Processing Fees

S$313

Monthly Repayment

Key Features
  • Loans starting from S$1000
  • Loan Tenors from 1 to 5 years
  • No documents required for existing Credit Card members
  • Instant approval for applications submitted between 7am to 8pm for new UOB customers. Terms and conditions apply.
Loan Details
Citizenship StatusSingaporean/ PR
Minimum Annual Income$30,000
Maximum Loan Tenure5 years
Processing Fee1.5%
Repayment Summary
Principal Loan Amount$10,000
Interest Rate (p.a)4.25%
Loan Tenure3 years
Total Interest Payable$1,275
Total Amount Payable$11,425
Monthly Instalments$313
 

The information shown above is for reference only. The interest rates offered to you will be based on your credit score and is subject to the provider’s approval.