Singapore Loan Rates: 2011 Personal Cash Loan Rate
We take a look at 2011 Personal Cash Loan Rate Singapore this day in 2011. The 2011 personal cash loan rate is taken from ANZ Bank MoneyLine Credit.
The 2011 personal cash loan rate details are shown below.
2011 Personal Cash Loan Rate :
12 months = 5.8% p.a. Effective interest rate = 11.73% p.a.
24 months = 6.8% p.a. Effective interest rate = 13.15% p.a.
36 months = 7.8% p.a. Effective interest rate = 11.21% p.a.
48 months = 8.8% p.a. Effective interest rate = 12.28% p.a.
The effective interest rate (EIR) is calculated taking into consideration the $80 processing fee, 3 months interest waiver for loan tenure with 3,4 years and based on approved loan amount of $12,000.00
Note that 2011 personal cash loan rate details are subject to changes. Terms and conditions apply for the effective interest rate (EIR) calculations.
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