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Maybank

Maybank Renovation Loan

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Maybank Renovation Loan

4.30%

Interest Rate

S$ 100

Processing Fee

S$ 297

Monthly Repayment

S$ 10,000

Loan Amount

3 Years

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

  • 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%
Citizenship StatusSingaporean / PR
Age Requirement21 – 55 years old
Employment StatusSalaried / Self-employed
Minimum Annual IncomeS$30,000
Processing Fee1% of the approved loan amount
Late Payment FeeS$80
Cancellation Fee1%
Prepayment Fee1% on prepaid amount
Issuance of Cashier’s OrderS$5 each (1st free)

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