Maybank Renovation Loan
Interest Rate
Processing Fee
Monthly Repayment
Loan Amount
Loan Tenure
Apply for Maybank’s Renovation Loan when you need financial assistance for your renovation project. It offers the cheapest 4 and 5-year renovation loans at a 4.20% interest rate. Plus, it offers lower interest rates to its existing home loan customers. Maybank Home Renovation loan is the best option with its competitive rates and hassle-free approval.
ALL DETAILS
Key Features
- Cheapest 4 and 5-year home renovation loans with 4.20% interest rate
- Minimum loan amount of $5,000 up to 6x your monthly income or $30,000, whichever is lower.
- Loan tenure up to 5 years
- Low processing fee of 0.75%
Eligibility
Citizenship Status | Singaporean / PR |
Age Requirement | 21 – 55 years old |
Employment Status | Salaried / Self-employed |
Minimum Annual Income | S$30,000 |
Other Fees and Charges
Processing Fee | 1% of the approved loan amount |
Late Payment Fee | S$80 |
Cancellation Fee | 1% |
Prepayment Fee | 1% on prepaid amount |
Issuance of Cashier’s Order | S$5 each (1st free) |
Disclaimer: This information may differ from what you see when you visit other financial service websites or the product’s official site, but Loan Advisor continues to keep every detail updated and accurate. This site may be compensated through third-party advertisers. However, the results of our comparison tools which are not marked as sponsored will always be based on objective analysis.
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