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OCBC

OCBC Renovation Loan

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OCBC Renovation Loan

4.18%

Interest Rate

S$ 150

Processing Fee

S$ 297

Monthly Repayment

S$ 10,000

Loan Amount

3 Years

Loan Tenure

Get your OCBC Renovation Loan online and enjoy a fixed interest rate from as low as 4.18% p.a. It also features a one-time S$80 bill rebate with SUNSEAP – 100 Plans, valid for new sign-ups on Eco-Care Loans from now till 31 December 2021. This package guarantees quick approval and a range of pricing packages with support from a dedicated mortgage specialist.

ALL DETAILS

  • Fast and simple ways to manage your account with their Online and Mobile banking via MyInfo
  • Choose from a range of pricing packages with support from a dedicated mortgage specialist
  • Online energy assessment by BCA with Eco-Care Renovation Loan
  • Flexible loan tenure. Up to five years of loan repayment
  • Apply and be part of greener Singapore with your sustainable home renovations and enjoy significant savings.
  • The only bank in Singapore that allows third-party borrowing
Citizenship StatusSingaporean / PR
Age Requirement21 – 59 years old
Employment StatusSalaried / Self-employed
Minimum Annual IncomeS$24,000
Processing Fee1.5% of the approved loan amount
Late Payment FeeS$80
Cancellation Fee2%
Prepayment Fee2% on prepaid amount
Full Repayment Penalty2% of outstanding loan amount

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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