Get instant approval & cash disbursed into your account immediately with MyInfo
Promotion: Get $199 cashback to offset first year annual fee
Get instant approval and cash disbursement to your preferred bank account when you apply via MyInfo
Guaranteed flat interest rates as low as 3.88% p.a. (EIR: 7.63% p.a.)
Get a loan of up to 4x your monthly salary, capped at S$250,000.
Minimum loan amount of $1,000
Enjoy five year annual fee waiver on Standard Chartered Platinum Visa credit card to manage your daily expenses if you have an annual income of $30,000 and above
Min Income for Singaporeans/PRs: S$30,000 p.a. Min Income for foreigners: S$60,000 p.a.
Annual fees from second year till expiry of loan: S$50 (Fee waived if all payment is received by due date for the past 12 months).
Early redemption fee: $150 or 3% of the outstanding principal, whichever is higher
Change of tenor: $50 per change
Late payment fee: $80 (with finance charges on a daily basis at EIR 26.9% p.a for outstanding payment amount)
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.
SingSaver compares the best Personal Loans in Singapore that range from 1-year to 7-year tenures. The effective interest rate (EIR) you can enjoy from the loans on our site range from 7.0% p.a. to 18.72% p.a. The EIR of your loan will depend on the annual interest rate (or bank advertised nominal interest rate) and the tenure of your loan.
For example: a loan of S$10,000 over 3 years at 3.88% p.a. nominal interest would equate to monthly repayments of S$310.11, and the total cost of the loan that you pay back would be S$11,164. This is not inclusive of any administrative or processing fees that may apply.