OCBC gives a number of household personal loan deals for HDB flats, featuring competitive desire fees instead to your HDB Concessionary Personal loan. Their offerings include things like equally fixed and floating charge alternatives. For illustration, a fixed-rate deal may well offer a amount of two.32% p.a. for the two-year lock-in time period, while a floating-fee choice is usually pegged into the 3-Thirty day period Compounded SORA by using a unfold. To be eligible for an OCBC HDB bank loan, applicants needs to be at the very least 21 yrs aged and fulfill a minimum loan level of S$two hundred,000 for HDB flats. more info The personal loan quantity and acceptance are issue to the full Personal debt Servicing Ratio (TDSR) as well as lender's credit rating assessment from the borrower's profits and economic obligations. OCBC is noted for its rapidly software process and also offers specialized solutions just like the Eco-Care Property Personal loan for Qualities having a BCA Environmentally friendly Mark certification. The lender's bank loan companies also supply flexibility for borrowers to reprice their personal loan offer or make partial prepayments.