Up to 6 times your monthly income
Get an education loan of up to 6 times your monthly income or your unpaid course fees, capped at S$80,000, whichever is lower (minimum loan amount is S$2,000).
Peace of mind
Have a peace of mind when you know that your interest rate will be locked in at point of approval.
Future fluctuation of rates will not affect your loan.
Applicable to all schools in our List of Partner's Institution.
SIM & SMU students get to enjoy an exclusive rate of 5.25% p.a.
Better control of your finances
Choice of your loan tenure between 1 to 5 years and either a lump sum or a progressive disbursement. The monthly instalment will be according to the disbursement amount.
Hassle-free payment
Your monthly repayment is deducted automatically from your designated DBS / POSB account.
No prepayment penalty
There is no prepayment fee charged if you decide to pay off the loan earlier.
What's more, you have a choice to pay off your loan sooner and save on interest!
POSB iBANKING
