CIMB Personal Loan Singapore : Low Interest Rates & Instant Cash (2025)

Key features

• Promotional interest rates from 1.85% p.a. (EIR 3.56% p.a.)

• Loan amounts from 2 to 8x monthly income

• Flexible tenures between 1 to 5 years

• No processing fees on approved loans

• Instant disbursement upon approval of online application

• Fixed monthly repayments with reducing balance interest calculation

Repayment

• Annual interest rate: From 1.85% p.a

• Effective interest rate (EIR): From 3.56% p.a.

• Total amount repayable: From S$10,558 (loan amount S$10,000, 3-year tenure)

• Monthly instalments: From S$293.00 (loan amount S$10,000, 3-year tenure)

• Handling fee amount: Waived (no processing fee)

• Approval duration: Instant approval and cash disbursement upon approval

• Citizenship: Singaporeans, PRs, and Malaysians

• Principal loan amount: S$2,000 – S$200,000

• Minimum loan tenure: 1 year

• Maximum loan tenure: 5 years

• Minimum annual income: From S$20,000

Eligibility

• Citizenship status: Singaporeans, PRs, and Malaysians residing in Singapore

• Age requirement: 21 – 70 years

• Employment status: Salaried, self-employed, or commission-based

• Minimum annual income:

• Singaporean/PR: S$20,000

• Malaysians residing in Singapore: S$30,000

• Documents required:

• NRIC/FIN copy or Malaysian NRIC

• Proof of Singapore residential address

• Passport (Minimum 6 months validity)

• Latest 3 months payslips

• Foreign Exchange Notice Declaration Form

Fees and charges

• Processing fee: Waived

• Annual fee: None 

• Late payment fee: S$100

• Early repayment penalty: Waived