Scroll to top

Stuck on financing?
Tell us what you need

Having a home to call your own means you want to establish a sense of stability in your life

Renovation LoanPersonal Loan

A home renovation loan is a personal loan strictly for the renovation of your home such as:

Wiring

Painting

Flooring

Carpentry

Hacking

Monthly loan repayment
between 1 – 5 years

Maximum loan amount is $30,000 or 6x your monthly salary, whichever is lower

How does a Home Renovation Loan work?

Step 1

Let’s assume you bought a 3-room HDB flat

Step 2

You only have $20,000 in savings and earn $5,000 monthly

Step 3

You qualify for a renovation loan of up to $30,000

Step 4

Your budget increases from $20,000 to $50,000

Enjoy fast, simple and secure renovation loan approval with OCBC

Benefits:

Attractive interest rate of 4.18% p.a. (monthly rest rate)

Low 1.50% administration fee

First 3 cashier's orders are free

Get OCBC to contact you