Singapore Loan Rates: POSB Personal Loan
POSB Personal Loan is called the POSB Loan Assist.
POSB Personal Loan gives you opportunity to take control of your finances with a personal loan that comes with a low interest rate and up to 4 times your monthly income.
POSB personal loan can be taken over fixed monthly instalments with loan tenure of between 1 to 5 years.
POSB Personal Loan Interest Rates:
LOAN TENURE | AIR(%p.a.) | EIR(%p.a.)
1 year = 5.88; 17.76
2 year = 5.88; 14.47
3 year = 8.88; 18.27
4 year = 8.88'17.41
5 year = 9.99; 16.78
AIR = Applied interest rate.
EIR = Effective interest rate (inclusive of 3% processing fee and 1% insurance fee)
POSB Personal Loan processing fee = 3%
POSB Personal Loan insurance fee = 1%
Hope you like our Sg Loan Rates.