CIMB Personal Loan Singapore : Low Interest Rates & Instant Cash (2025)
Updated: 31 Aug 2025
- Receive cash instantly upon approval
- Enjoy attractive interest rates from as low as 1.86%* p.a. and zero* processing fees (EIR from 3.56% p.a.) for 2-5 years
- Min. loan amount of S$2,000
- Min. income for Singaporeans/PRs: S$20,000 p.a.; Min. income for Malaysians (Non-PR): S$30,000
- No Early Termination Fees for applications submitted after 22nd Jan 2025
- Late payment fee: S$100
- NRIC (Front & Back)
- Salaried Employees: Latest computerised payslip or latest CPF/NOA statements
- Self-Employed: Latest 2 years' NOA
- Commissioned/Variable Income Earners: Latest CPF/NOA statements
- Malaysian NRIC
- Passport (minimum 6 months validity
- latest 3 months pay slip
- Foreign Exchange Notice Declaration Form
For Malaysians, you will need to provide the following supporting documents in the application:
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
Loan details
Key features
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Promotional interest rates from 1.85% p.a. (EIR 3.56% p.a.)
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Loan amounts from 2 to 8x monthly income
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Flexible tenures between 1 to 5 years
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No processing fees on approved loans
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Instant disbursement upon approval of online application
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Fixed monthly repayments with reducing balance interest calculation
Repayment
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Annual interest rate: From 1.85% p.a
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Effective interest rate (EIR): From 3.56% p.a.
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Total amount repayable: From S$10,558 (loan amount S$10,000, 3-year tenure)
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Monthly instalments: From S$293.00 (loan amount S$10,000, 3-year tenure)
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Handling fee amount: Waived (no processing fee)
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Approval duration: Instant approval and cash disbursement upon approval
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Citizenship: Singaporeans, PRs, and Malaysians
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Principal loan amount: S$2,000 – S$200,000
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Minimum loan tenure: 1 year
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Maximum loan tenure: 5 years
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Minimum annual income: From S$20,000
Eligibility
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Citizenship status: Singaporeans, PRs, and Malaysians residing in Singapore
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Age requirement: 21 – 70 years
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Employment status: Salaried, self-employed, or commission-based
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Minimum annual income:
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Singaporean/PR: S$20,000
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Malaysians residing in Singapore: S$30,000
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Documents required:
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NRIC/FIN copy or Malaysian NRIC
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Proof of Singapore residential address
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Passport (Minimum 6 months validity)
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Latest 3 months payslips
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Foreign Exchange Notice Declaration Form
Fees and charges
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Processing fee: Waived
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Annual fee: None
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Late payment fee: S$100
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Early repayment penalty: Waived
Pros & cons
Pros
Promotional rates from 1.86% p.a. (EIR from 3.56% p.a.)
Loan amount of up to S$200,000 or 8x monthly income
Flexible loan tenures from 1 to 5 years
No processing fees on approved loans
Fast approval and instant cash disbursement
Limited-time 0.2% cashback on approved amounts
Cons
Maximum loan tenor is shorter (5 years) compared to some banks offering 7 years
No built-in cashback or reward perks (apart from referral promotions)
How to apply for a CIMB Personal Loan
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Click the ‘Apply Now’ button on this page.
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Fill in the online application form with your personal and income details.
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Enter loan amount, tenure, and preferred payout account.
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Review personalised rate, EIR & estimated monthly repayment.
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Submit and receive funds instantly upon approval.
Comparison to other loans
|
Loan |
Monthly Repayment |
Annual Interest Rate |
Total Cost of Loan |
EIR |
|
CIMB Personal Loan |
S$291 |
1.56 % |
S$468 |
2.99 % p.a. |
|
UOB Personal Loan |
S$293 |
1.85 % |
S$555 |
3.40 % p.a. |
|
Standard Chartered CashOne Personal Loan |
S$291 |
1.60 % |
S$480 |
3.07 % p.a. |
|
Trust Bank Instant Loan |
S$294 |
1.99 % |
S$597 |
3.80 % p.a. |
|
DBS Personal Loan |
S$294 |
1.99 % |
S$597 |
3.80 % p.a. |
|
GXS FlexiLoan |
S$293 |
1.88 % |
S$564 |
3.47 % p.a. |
|
HSBC Personal Loan |
S$296 |
2.20 % |
S$660 |
4.00 % p.a. |
|
EZ Loan |
S$377 |
11.88 % |
S$3,564 |
11.88 % p.a. |
|
Cash Direct |
S$374 |
11.60 % |
S$3,480 |
11.60 % p.a. |
|
Credible.sg Personal Loan |
S$378 |
12.00 % |
S$3,600 |
14.00 % p.a. |
|
JD Credit Pte Ltd |
S$402 |
14.88 % |
S$4,464 |
14.88 % p.a. |
|
POSB Personal Loan |
S$294 |
1.99 % |
S$597 |
3.80 % p.a. |
Frequently Asked Questions about the CIMB Personal Loan
You can borrow between S$2,000 to S$200,000. The exact amount you qualify for will be based on your monthly income.
Singaporeans and PRs will need a minimum annual income of S$20,000, while Malaysians residing in Singapore will need a minimum annual salary of S$30,000.
In order to qualify for a CIMB Personal Loan, you must be a Singaporean citizen, PR or Malaysian residing in Singapore and between the ages of 21 and 70. You must also meet the minimum annual income requirement.
The best bank for a personal loan depends on your needs — compare the effective interest rate (EIR) rather than just the headline rate, check loan amounts and repayment tenures that fit your budget, and watch out for fees or penalties. Also consider how quickly funds are disbursed and whether the eligibility criteria match your profile.
Ultimately, the right choice is the bank that offers the most affordable and flexible loan terms for your situation.