Compare all
personal loan offers today!
Our free internal assessment does not impact your credit score. After reviewing your profile, we provide a custom list of personal loan options you qualify for across major banks and financial institutions in Singapore.
Our complimentary assessment will not affect your credit score
Compare all
personal loan offers today!
Our free internal assessment does not impact your credit score. After reviewing your profile, we provide a custom list of personal loan options you qualify for across major banks and financial institutions in Singapore.
Our complimentary assessment will not affect your credit score
Borrow from
1 to 6 years
Get a loan proposal
with no commitment
Find the lowest interest rates now!
Key features
of a personal loan
-
Quick Access to Funds
Personal loans provide fast access to money, usually within 1–5 business days depending on the bank and your credit profile. This allows clients to address urgent financial needs such as medical expenses, home repairs, or sudden bills without waiting for savings to accumulate. -
Flexible Loan Amounts
Banks and financial institutions in Singapore offer personal loans ranging from S$1,000 up to S$800,000. Clients can borrow an amount that fits their financial plan, whether it’s for small expenses or larger investments, without being restricted to fixed packages. -
No Collateral Required
Most personal loans in Singapore are unsecured, meaning clients don’t have to pledge assets such as property or deposits. This reduces risk for borrowers while still granting access to substantial loan amounts. -
Lower Interest Rates than Credit Cards
For significant expenses, personal loans often have lower interest rates compared to credit card cash advances or revolving debt. This reduces the total repayment burden and is a cost-effective way to manage larger purchases. -
Improves Credit Score (When Managed Well)
Timely repayment of a personal loan can boost a client’s credit score, demonstrating financial responsibility to future lenders. This can lead to better borrowing terms for future loans or credit cards.
-
Quick Access to Funds
Personal loans provide fast access to money, usually within 1–5 business days depending on the bank and your credit profile. This allows clients to address urgent financial needs such as medical expenses, home repairs, or sudden bills without waiting for savings to accumulate. -
Flexible Loan Amounts
Banks and financial institutions in Singapore offer personal loans ranging from S$1,000 up to S$800,000. Clients can borrow an amount that fits their financial plan, whether it’s for small expenses or larger investments, without being restricted to fixed packages. -
No Collateral Required
Most personal loans in Singapore are unsecured, meaning clients don’t have to pledge assets such as property or deposits. This reduces risk for borrowers while still granting access to substantial loan amounts. -
Lower Interest Rates than Credit Cards
For significant expenses, personal loans often have lower interest rates compared to credit card cash advances or revolving debt. This reduces the total repayment burden and is a cost-effective way to manage larger purchases. -
Improves Credit Score (When Managed Well)
Timely repayment of a personal loan can boost a client’s credit score, demonstrating financial responsibility to future lenders. This can lead to better borrowing terms for future loans or credit cards.
How is the
process like?
Submit your details for us to review.
Our team evaluates your documents and financials to shortlist the best lenders.
Banks run credit checks and verify your documents.
Receive a confirmed personal loan amount, interest rate, and repayment terms.
After you sign off, funds are released to your business account — fast and securely.
What are the requirements to start?
We accept personal loan applications from any individual in Singapore, in fact all we ask is:
- Minimum 21 years old & above
- Minimum annual income of $30,000
- Singapore Citizen or Permanent Resident (PR)
What you need to have to hand:
- Credit Bureau Report
- Latest Notice Of Assesment (NOA)
- Proof of income
Ready to apply?
The document requirements may change according to the loan size and type of company
What are the requirements
to get started?
We accept personal loan applications from any individual in Singapore, in fact all we ask is:
- Minimum 21 years old & above
- Minimum annual income of $30,000
- Singapore Citizen or Permanent Resident (PR)
What you need to have to hand:
- Credit Bureau Report
- Latest Notice Of Assesment (NOA)
- Proof of income
Ready to apply?
The document requirements may change according to the loan size and type of company
Loan calculator
The typical interest rates for a personal loan is around 2% to 3.9% per annum.
Below is our free loan calculator tool which you can use it to gauge your total costs.
Our business loan interest rates start at 1.5% a month.
We’ll only charge interest on your outstanding balance for the days you’re using your business loan.
Borrowing for over 12 months may incur an additional fee, typically it’s 5% when borrowing for 13 to 24 months and 6% for longer.
This loan calculator is only an example, your actual rate and repayment amount for your personal loan will vary based on your circumstances.
Flexible personal loans tailored for you
How does it work?
- Submit the contact form with the relevant details
- Our team will contact you to start the assessment
- Receive your very own tailored loan proposal suited for your needs
Still need help?
- Find answers in our FAQ
- admin@approvedconsultancy.com
Loan Proposal Form
Frequently asked questions
Here are some questions our customers ask. Check our FAQs for anything we haven’t covered.
The amount you qualify for depends on your income, credit standing, and existing financial commitments. Banks usually cap unsecured borrowing based on your annual income and overall credit profile.
Higher income ($120,000>) and lower debt generally allow for higher loan limits up to 18x.
Depending on the lender, the loan may include:
-
Processing or administrative fees
-
Late payment fees
-
Possible early-settlement or cancellation charges
Understanding these costs helps you calculate the full borrowing commitment before applying.
Yes, but lenders will consider your total debt level. Your debt-to-income ratio influences whether you qualify and how much you can borrow.
Heavy existing commitments may result in lower approved amounts or higher interest.
Lenders look at your income stability, credit score, repayment history, employment type, and current debt levels.
Strong financial discipline and steady monthly income generally improve approval chances.
Yes. Many lenders do accept self-employed applicants, though you may need to provide tax statements, Notice of Assessment, or recent bank statements to show consistent income.