Singapore Loan Rates: Sg Personal Loan
We discuss the Sg Personal Loan with details of Singapore Sg personal loan rates of ANZ bank PostLine today in the year 2011.
PostLine is a sort of Sg Personal Loan. It is a line of credit.
Here is the 2011 Sg personal loan details.
(Interest Calculation at a Glance)
Based on an outstanding overdraft balance of S$5,000 for 1 month
Overdraft interest rate applicable | Interest payable
First S$3,000: 1.44% per month (or 17.28% p.a.)= S$43.20
Remaining S$2,000: 1%* per month (or 12% p.a.)= S$20
Total interest payable with PostLine= S$63.20
Figures have been simplified for Illustration purpose.
The prevailing interest rate is 17.28% p.a. for overdraft usage on the first S$3,000 of your credit limit.
The preferential overdraft interest rate is 12% p.a. for overdraft usage on the remaining credit limit above the first S$3,000 of your credit limit.
Terms and conditions apply for this Sg personal loan.
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