Comparison Guide to the Best Personal Loans in Singapore

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Guide to the best personal loans

The best personal loan helps you reach your financial goals, whether you use it to fund home renovations, pay for emergencies or consolidate your debt.

When comparing personal loans, a primary consideration is the flat interest rate, and this is dependent on a few factors:

a) income level
b) loan amount
c) loan tenure
d) credit history

The loan with the lowest annual flat percentage rate for a given loan tenure is the least expensive — and usually the best choice. To guide your choice, we have picked the best personal loans in six categories:

Best personal loans for 6 months

Compare personal loan offers for 6 month tenure

*Rate available only on SingSaver platform
**Rate varies depending on credit profile

WINNER: SCB CashOne Personal Loan. Apply now.

 

Best personal loans for 12 months

*Rate available only on SingSaver platform
**Rate varies depending on credit profile

WINNER: SCB CashOne Personal Loan. Apply now.

 

Best personal loans for 2 years

Comparison table for best personal loans

*Rate available only on SingSaver platform
**Rate varies depending on credit profile

WINNER: OCBC Personal Loan. Apply now.

 

Best personal loans for 3 years

Best personal loan for 36 months

*Rate available only on SingSaver platform
**Rate varies depending on credit profile

WINNER: HSBC Personal Loan. Apply now.

 

Best personal loans for annual income between S$30,000 to S$80,000

Comparison table for best personal loans

*Rate available only on SingSaver platform
**Rate varies depending on credit profile

WINNER: SCB CashOne Loan. Apply now.

 

Best personal loans for annual income above S$80,000

Comparison table for best personal loans for those with annual income above S$80,000

*Rate available only on SingSaver platform
**Rate varies depending on credit profile

WINNER: HSBC Personal Loan. Apply now.

 

What to read next:

SCB Funds Transfer Review: Great to Pay Off Credit Card Debt
4 Ways to Pay Off Credit Card Debt
Four Types of Personal Loans: What You Need to Know
3 Ways to Better Manage Credit Card Debt in Singapore

 


Rohith Murthy


By Rohith Murthy
Rohith leads SingSaver, a financial comparison site aimed at helping consumers in Singapore save money and time by finding the right financial products.