Best POSB Loans in Singapore 2025
Updated: 3 Jul 2025
POSB offers personal loans designed for speed and convenience, with fast approvals and minimal paperwork. Ideal for those needing immediate financial support, POSB loans provide flexibility in repayment terms and competitive interest rates, making it a hassle-free option for borrowers seeking quick access to funds.
Why Trust SingSaver
Monthly Repayment
S$ 883EIR
4.43 % p.a.Processing Fee
S$ 300You’ll also receive the following welcome gift(s) directly from the bank:
- Enjoy personalised rates from as low as 1.99% p.a. (EIR 4.17% p.a.)
- Borrow up to 4x your monthly salary if you earn less than S$120,000 annually, or up to 10x if you earn more than S$120,000 annually
- Min. loan amount of S$500
- Tenure: 6 months to 5 years
- Min. income for Singaporeans/PRs: S$20,000 p.a.
- Apply via SingSaver and get your loan approved and disbursed instantly into your DBS/POSB account
- Processing fee: From 1% of the approved loan amount
- Early repayment fee: S$250
- Late payment fee: S$100 for personal loan on DBS/POSB credit card, S$120 for personal loan on DBS/POSB Cashline
Eligibility
Minimum Age: 21 years old
Min. Annual Income: $20,000
Required Documents
1. NRIC (Front & Back)
2. Salaried employees: Latest 9 months’ CPF contribution history statement OR latest 1 year Income Tax Notice of Assessment or latest computerised payslip or salary crediting into DBS/POSB account
3. Self-employed individuals: Latest 1 year Income Tax Notice of Assessment
Key Features
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.
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