Legal Loan Limits and Interest Rates in Singapore

Different borrowers face different financial situations. Some need urgent cash flow support, while others may be dealing with poor credit history, unstable income, retrenchment or existing repayment issues. The loan pages below explain the options available, documents required and what to consider before applying.

Annual Income Below $20,000
SGD 3,000

Loan up to $3,000 if your annual income is less than $20,000.

Annual Income $20,000 or More
X 6

Get up to 6X your monthly income loan, if your annual income is $20,000 or more.

Interest Rates
4%

Interest rates are capped at 4% per month under licensed moneylending rules.