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Personal Loans

If you want to pursue a personal loan to pay for school fees, you can benefit from the fact that you can enjoy a fixed repayment term and fixed interest rates. Another advantage of a personal loan is that you can use it to pay for fees from any institution, whereas a study loan is restricted to students from the bank's list of accredited institutions.
To get a personal loan in Singapore, you generally need to be 21 years old or older, and earning a minimum annual income of S$30,000. As such, this financing option is more suitable for professionals looking to expand their knowledge at graduate school, or learn a secondary skill.
You can get a personal loan from all major banks in Singapore. We suggest comparing different personal loan options and applying for one with the lowest interest rate. This saves you a lot of money on interest payments. Besides comparing interest rates, see if you can also find a loan with processing fee waivers, promotional rates, and other welcome offers that will lighten the load of your monthly repayments.

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