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Here is your opportunity to take control of your finances with a personal loan that comes with a low interest rate and up to 2 times your monthly income.
Attractive rates and terms
Probably the most affordable loan available with its low interest rates with its fixed attractive interest rates depending on your loan amount and tenure. What's more, you don't need guarantor or collateral to apply for this loan.
Better control of your finances
Spread your loan over fixed monthly instalments with your choice of loan tenure between 1 to 5 years.
| Approved Loan Amount |
S$5,000 |
S$10,000 |
S$25,000 |
| Less 3% Processing Fee |
3% |
| Less 1% Insurance Fee |
1% |
| Disbursed Loan Amount |
S$4,800 |
S$9,600 |
S$24,000 |
| Your Monthly Repayment Amount |
| 1-year loan (5.88% p.a.*) |
S$441 |
S$882 |
S$2,206 |
| 2-year loan (5.88% p.a.*) |
S$233 |
S$466 |
S$1,164 |
| 3-year loan (8.88% p.a.*) |
- |
S$352 |
S$879 |
| 4-year loan (8.88% p.a.*) |
- |
- |
S$706 |
| 5-year loan (8.88% p.a.*) |
- |
- |
S$602 |
Loan Tenure Table
| Loan Amount |
Loan Term |
| S$5,000 |
Max 24 months |
| S$5,001 - S$10,000 |
Max 36 months |
| S$10,001 - S$20,000 |
Max 48 months |
| S$20,001 - S$150,000 |
Max 60 months |
No prepayment penalty
There is no prepayment fee charged if you decide to pay off the loan after a year. What's more, you have a choice to pay off your loan sooner and save on interest!
Insurance1 coverage
You will be also be automatically covered with our personal loan life insurance1 that will take care of your payments should the unforeseen occur. This is included with just 1% of the approved loan amount.
Hassle-free monthly repayments
The fixed monthly instalments will be deducted from your chosen POSB/DBS account automatically.
Eligibility
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You must be a Singaporean or Permanent Resident between 21 and 60 years of age residing in Singapore. |
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Minimum gross annual income of at least S$30,000 for salaried employees or S$40,000 for self-employed/commissioned earners. |
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Existing DBS Cashline customers are not eligible for POSB Loan Assist. |
Terms and conditions apply.
For enquiries, visit any POSB branch or call our 24-hour Customer Service Hotline at 1800 339 6666.
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| Promotions & Privileges |
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| You can now enjoy fantastic deals with POSB Loan Assist, for the things that matter most to you. From your wedding preparations to purchasing new home appliances, you decide. |
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Terms
& Conditions | 
