Loans

CIMB Renovation Loan

Loan Tenure (Years) Monthly Rest Interest Rate Processing Fee Effective Interest Rate** Monthly Instalment Amount*
1 CIMB Prime Rate - 0.13% p.a.^ 1% 7.25% S$2,574
2 6.36% S$1,322
3 6.04% S$905
4 5.88% S$696
5 5.79% S$572

* The above monthly instalment amounts have been simplified for illustration purposes.

^ Interest rates are subjected to change without prior notice.

** Effective Interest Rate (EIR) is calculated taking into consideration the applicable processing fee and based on CIMB Prime Rate – 0.13% p.a. and an approved loan amount of S$30,000. The EIR may differ depending on the applicable monthly rest interest rate and actual loan tenure.

CIMB Education Loan - Standard Repayments

Loan Tenure (Years) Monthly Rest Interest Rate Processing Fee Effective Interest Rate** Monthly Instalment Amount*
1 CIMB Prime Rate - 0.11% p.a.^ 2% 9.18% S$1,716
2 7.38% S$881
3 6.75% S$603
4 6.42% S$465
5 6.23% S$382
6 6.10% S$326
7 6.00% S$287
8 5.93% S$257
9 5.88% S$235
10 5.83% S$216

* The above monthly instalment amounts have been simplified for illustration purposes.

^ Interest rates are subjected to change without prior notice.

** Effective Interest Rate (EIR) is calculated taking into consideration the applicable processing fee and based on approved loan amount of S$20,000. The EIR may differ depending on the applicable monthly rest interest rate and actual loan tenure.

CIMB Education Loan - Interesting Servicing Repayments

Loan Tenure (Years) Monthly Rest Interest Rate Processing Fee Effective Interest Rate** Monthly Instalment Amount*
- Course of study
First 4 years: CIMB Prime Rate + 0.49% p.a.^
2% - S$100
5 Thereafter: CIMB Prime Rate - 0.11% p.a.^ 6.44% S$1,716
6 6.34% S$881
7 6.27% S$603
8 6.21% S$465
9 6.15% S$382
10 6.11% S$326

* The above monthly instalment amounts have been simplified for illustration purposes.

^ Interest rates are subjected to change without prior notice.

** Effective Interest Rate (EIR) is calculated taking into consideration the applicable processing fee and based on approved loan amount of S$20,000. The EIR may differ depending on the applicable monthly rest interest rate and actual loan tenure.