Get FREE Loan Quotes From Loan Advisor’s Top Reviewed Licensed Money Lenders in Singapore!     Click here

Get Free Quotes from the Best Licensed Moneylenders!  Click here


POSB Renovation Loan

0 0 reviews

POSB Renovation Loan


Interest Rate

S$ 200

Processing Fee

S$ 295

Monthly Repayment

S$ 10,000

Loan Amount

3 Years

Loan Tenure

The POSB Renovation Loan is known to offer competitive interest rates for 4 and to 5-year renovation loans and 1-3 year loans of less than S$10,000. They may, however, charge higher fees than other banks and their interest rates are less competitive in other factors.


  • Enjoy interest rates from 3.88% p.a.!
  • Guarantees hassle-free online application with the assistance of a digi-bot
  • Repayment period of your choice from 1-5 years
  • The loan amount ranges up to S$30,000 or six times your monthly income
  • Low minimum income requirement: S$24,000
Citizenship StatusSingaporean / PR
Age Requirement21 – 65 years old
Employment StatusSalaried / Self-employed
Minimum Annual IncomeS$24,000
Processing Fee1% of the approved loan amount + 1% of insurance premium
Cancellation Fee1% of approved loan amount
Partial Repayment PenaltyNot allowed
Full Repayment Penalty1% 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.

Customer Top Reviews

Create your own review
Average rating: 0 0 reviews
  • 5
  • 4
  • 3
  • 2
  • 1

Looking For An Urgent Personal Loan?

Submit your details and receive up to 3 loan quotes from best Licensed Money Lenders picked by Loan Advisor
  • Hidden
  • This field is for validation purposes and should be left unchanged.