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)) |
|
Document Required | Applicant | Surety |
|---|---|---|
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
