Renovation Loan

Making your home into a dream home has never been easier with our Renovation Loan. Let us make your dream into reality and relief you from your financial stress and make your dream possible.

Loan Quantum
Up to $30,000
Rates of Interest
6.00% flat rate per annum (EIR 10.93% per annum)
Repayment Term
Up to maximum of 5 years
Processing Fees
2.5% flat
Eligibility (Applicant / Surety(ies))
  • Singapore Citizen or Permanent Resident
  • Age for Applicant: between 21 to 65 years
  • Age for Surety(ies): between 21 to 60 years
Document Required
Photocopy of NRIC (Front & Back)
Proof of ownership ( Sale & Purchase Agreement)or HDB Property Statement / Property Tax Statement
Renovation Quotation
Renovation Permit
Latest Computerized Payslip
Letter of Employment (if <3 Months Employment)
Last 6 months CPF contribution history
Latest IRAS Notice of Assessment (NOA)
CBS – Enhanced Consumer Credit Report
* Numbers of sureties to be provided are subject to loan quantum and credit evaluation.
  • All loans granted are within the discretion of SSBEC Co-op

Loan Calculator