POSB Quick Credit

 

POSB Logo

Min. Income
$20,000 p.a.

Interest Rate
From 13.14%

Review on POSB Quick Credit

Pros
Low minimum income requirement

Cons
Low promotional interest rates only available for selected longer tenors

 

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Details

  EIR*
12 months 19.70% p.a.
24 months 17.28% p.a.
36 months 13.96% p.a.
48 months 13.50% p.a.
60 months 13.14% p.a.

* Effective Interest Rate based on loan amount of $30,000 and min. annual income of $30,000 p.a. Refer to POSB's website for full tables

Enjoy effective interest rate from 13.14% p.a.

Max loan of up to 4 times your monthly income or up to 10 times if your annual income is more than $120,000

Minimum Loan Amount is $1,000. For loan amount below $3,000, the maximum loan tenure is 24 months

You can choose to repay your loan in 12, 24, 36, 48 or 60 months

A one-time processing fee from as low as 2% of loan amount

Get instant cash if you are an existing customer with salary crediting into POSB/DBS account or CPF online submission and apply at any of our branches

 

Click here to go to POSB website for more details

 

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