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POSB Personal Loan

Posted by admin | 12:03 AM | ,
Nov 16, 2010

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%


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