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LOW INTEREST RATES
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BORROW UP TO 4 TIMES YOUR MONTHLY SALARY
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EASY ACCESS TO READY CASH WITH FLEXIBLE REPAYMENT
Interest Rate
An interest rate from 4.88% p.a. (EIR: 10.62% p.a.) to 8.88% p.a. (EIR: 17.77% p.a.).*
Fuss-free Payment Methods
Don't have an account with us? Don’t worry. An iSavings account will be opened so you can make easy repayments. We’ll also set up HL Bank Connect to allow you quick access to your banking details anytime.
Flexible Repayment
Choose from a loan tenure of between 1 year and 5 years to repay your loan.
Loan Amount
Borrow up to 4 times your monthly salary.
One-time Processing Fee
A one-time processing fee of 1.5% on the approved loan amount or a minimum of $100 (whichever amount is higher). This fee will be debited from the Personal Loan account when we disburse the loan.
*Terms and Conditions apply.
How it works:
Here’s an example of how much your monthly instalments will be, depending on the tenure selected. This example assumes a loan amount of $11,000 and an interest rate of 5.5% p.a.:
| Tenure | 1 year | 2 years | 3 years | 4 years | 5 years |
|---|---|---|---|---|---|
| Interest rate# | 5.50% p.a. | ||||
| Effective Interest Rate (EIR) p.a. + | 12.87% p.a. | 11.75% p.a. | 11.24% p.a. | 10.91% p.a. | 10.66% p.a. |
| Monthly Instalment^ | $968.00 | $509.00 | $356.00 | $280.00 | $234.00 |
# The interest rate is calculated based on the approved loan amount of $11,000.
+ The effective interest rate (EIR) is calculated taking into consideration the applicable one-time-processing fee of 1.5% or minimum $100, whichever amount is higher, and based on the approved loan amount and the respective loan tenure.
^ Monthly instalment amounts are calculated based on a fixed monthly instalment payment option and are for illustration purposes.
Personal Loan Calculator
Annual Income
Eg. 5000.00
Loan Amount (S$)
0.00
Loan Tenure
Interest Rate (p.a.)
Effective Interest Rate (p.a.)
Your monthly repayment
| Processing fee | 1.5% of the approved loan amount or a minimum of S$100, whichever is higher. |
| Late fee | S$80 |
| Early partial/full repayment fee** | 3% of outstanding loan amount or S$200 (whichever is higher). |
**
To apply, you must be:
- A Singapore citizen or a Singapore permanent resident,
- Aged between 21 – 60 years old,
- Earning a minimum annual income of S$30,000
- Apply Online or
- Approach one of our relationship managers at our branch to assist you
Our branch location:
7 Wallich Street
#B1-25 and #B1-26 Guoco Tower
Singapore 078884
- Download Application Form
- View Mandatory Documents
