OCBC Renovation Loan
Interest Rate
Processing Fee
Monthly Repayment
Loan Amount
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
Key Features
- 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
Eligibility
| Citizenship Status | Singaporean / PR |
| Age Requirement | 21 – 59 years old |
| Employment Status | Salaried / Self-employed |
| Minimum Annual Income | S$24,000 |
Other Fees and Charges
| Processing Fee | 1.5% of the approved loan amount |
| Late Payment Fee | S$80 |
| Cancellation Fee | 2% |
| Prepayment Fee | 2% on prepaid amount |
| Full Repayment Penalty | 2% of outstanding loan amount |
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