Realise your dreams easily
Manage your finances more effectively
BOC MoneyPlus Term Loan offers you structured monthly repayment plan to manage your finances more effectively.
Benefits
- Interest rate as low as 8.13% per annum
- Up to 60 months repayment period
- Fixed repayment amount every month
- Low processing fee
Enjoy more savings with MoneyPlus Term Loan!
Here's an illustration on the savings you get on a term loan of S$10,000 with MoneyPlus
With a minimal repayment amount monthly, you can enjoy a loan amount of S$10,000
For applicants with annual income of S$30,000 and above
| Tenure (months) |
One-time Processing Fee |
Applied Interest Rates
(% p.a.) |
Effective Interest Rates
(% p.a.) |
Monthly Instalment Amount |
Daily Instalment Amount |
| 12 |
2% or min S$75 |
4% |
10.95% |
S$887 |
S$29 |
| 24 |
9.37% |
S$478 |
S$15 |
| 36 |
8.75% |
S$311 |
S$11 |
| 48 |
8.39% |
S$242 |
S$8 |
| 60 |
8.13% |
S$200 |
S$7 |
For applicants with annual income from S$20,000 to S$29,999
| Tenure (months) |
One-time Processing Fee |
Applied Interest Rates
(% p.a.) |
Effective Interest Rates
(% p.a.) |
Monthly Instalment Amount |
Daily Instalment Amount |
| 12 |
5% or min S$75 |
4.5% |
17.32% |
S$871 |
S$30 |
| 24 |
13.08% |
S$464 |
S$16 |
| 36 |
11.51% |
S$315 |
S$12 |
| 48 |
10.65% |
S$246 |
S$8 |
| 60 |
10.09% |
S$204 |
S$7 |
Above illustration is based on a thirty (30) day calendar month, for a loan amount of S$10,000. Instalment amounts and interest rates have been rounded off to the nearest number. AIR refers to Annual interest rates; EIR refers to Effective interest rates.
Your approved BOC MoneyPlus Term Loan funds can be transferred into ANY bank's savings or current account of your choice upon approval of application.
Terms and Conditions
Terms and Conditions Governing BOC MoneyPlus Term Loan (20210601)
Fees and Charges
Please click here for fees and charges.
