10 Best Personal Loans in Singapore for Quick Cash [2023]

In urgent need of money? Check out the 10 best personal loans in Singapore.

Singapore Business Owners

First Published:

If you are in urgent need of money and can’t seem to borrow them from your friends or family, getting a personal loan could just be the right solution for you.

You can get a personal loan from a bank or financial institution and pay the money back via fixed instalments spread over a period of time.

Different personal loans offer different repayment terms and most importantly, different interest rates. Check out our 10 best personal loans in Singapore to get the right personal loan that best fits your needs.

1. UOB

personal loan in SIngapore
Type of InformationDetails
Website https://www.uob.com.sg/personal/borrow/personal-loan.page
Highlights to note– Instant, convenient and timely
– Waiver of Processing Fees
– Greater control of finances with fixed monthly repayments
Contact Number+65 6668 2087 
PromotionsApply for UOB Personal Loan online now, and enjoy a low interest rate of 3.4% p.a. (EIR 6.36% p.a.) with up to S$600 cash rebate.

Promotion ends 30 April 2022. T&Cs apply.

UOB Personal Loan offers a low interest rate of 3.4% p.a. (EIR from 6.36% p.a.). You can get up to S$600 cash rebate when you apply for a loan amount of at least S$30,000.

This loan amount can be combined across Credit Card Personal Loan and CashPlus Personal Loan applications. Loan tenor ranges from 36, 48 and 60-months.


personal loan in SIngapore
Type of InformationDetails
Website https://www.hsbc.com.sg/loans/products/personal-line-of-credit/instalment-plan/
Highlights to note– Supporting documents are not required.
– Fixed monthly repayments with choice of tenor between 1 and 7 years.
– Reinstatement of available credit limit upon monthly repayment.
Contact Number+65 6227 8889
PromotionsEnjoy promotional interest rate from as low as 3.2% p.a. (EIR 6% p.a.) with no processing fee.

Existing Premier customers can enjoy a preferential interest rate of 2.6% p.a. (EIR 5% p.a.)

Apply online and get cashback of up to SGD2,100 on approval.

There is a Flash Sale currently going on with HSBC Personal Loan. You can get additional cashback of up to SGD1,000 (0.5% of approved loan amount) on top of the promotional offers when you get an approved Personal Line of Credit Instalment Plan with a minimum loan size of SGD10,000 and tenor of at least 2 years. Limited time only.

3. DBS

personal loan in Singapore
Type of InformationDetails
Website https://www.dbs.com.sg/personal/loans/personal-loans/dbs-personalloan
Highlights to note– Up to 10X your monthly salary
– Instant cash in your account when you apply online
– Affordable fixed repayment
Contact Number1800 111 1111
PromotionsOnline exclusive: Apply for DBS Personal Loan today with promo code “POSBPL” and receive up to 2% cashback on your approved loan amount! Valid for loan amount of S$10,000 and above

DBS Personal loan allows you to get cash of up to 4X of your monthly salary or 10X if your annual income is S$120,000 and above.

If you are an existing Cashline or Credit Card customers or a new customer currently with your salary credited into a DBS/POSB deposit account, you can enjoy instant approval and get cash instantly.

4. Citibank

personal loan in Singapore
Type of InformationDetails
Website https://www1.citibank.com.sg/loans/quick-cash-loan?icid=SGCFAK2ENLOMMHEIL
Highlights to note– Get big things done in an instant
– Cash on your terms
– Simple and Hassle-free
Contact Numberhttps://www.citibank.com.sg/static/contact/?lid=SGENCBGGNFOTLCONTACTUS&icid=SGCFAK2ENLOMMHEIL
PromotionsEnjoy up to S$450 in GrabFood Vouchers when you apply for a Personal Loan with us.
Valid till 31 March 2022.

You can count on Citibank QuickCash to get you the cash you need, anytime. Convert your unutilized credit limit to cash in your Citi Deposit Account in 60 seconds.

It is simple and hassle-free without any documents nor hidden fees. Get cash anytime on your mobile phone and repay with plans up to 60 months.


personal loan in Singapore
Type of InformationDetails
Website https://www.ocbc.com/personal-banking/loans/extracash-loan-fixed-repayment.page
Highlights to note– Get up to 6 times your monthly income, with fixed repayments over 12 to 60 months
– Instant approval and disbursement when you apply via Myinfo
– Easily view outstanding payments via online banking
Contact Number+65 6363 3333

With OCBC personal loan, you can get a lump sum of up to 6 times your monthly income in cash. Make repayments easily using their Online or Mobile Banking feature via funds transfer, through cheque deposit, or with cash deposit machine.

6. Standard Chartered

personal loan in Singapore
Type of InformationDetails
Website https://www.sc.com/sg/borrow/loans/cashone/
Highlights to note– Get up to S$2,400 Cashback upon approval
– Enjoy competitive rates from 3.48% p.a.
– Get cash disbursed to any existing bank account of your choice within 15 mins
– Up to 5 years Loan tenure
Contact Number+65 6846 8000
PromotionsExclusively for JumpStart account holders only: Get up to S$2,688 cashback upon approval. T&Cs apply

With CashOne Personal Loan, you can get up to S$2,400 cashback and interest rates as low as 3.48% p.a. (EIR from 6.95%p.a.).

The loan tenures are up to 5 years, and you can get cash disbursed to any existing bank account of your choice within just 15 minutes.


personal loan in Singapore
Type of InformationDetails
Website https://www.cimb.com.sg/en/personal/banking-with-us/loans-financing/personal-loans-financing/cimb-cashlite.html
Highlights to note– Apply online in less than 10 minutes
– Convert your credit card’s available limit into personal instalment loan, with loan amount S$1,000 and above
Contact Number+65 6333 7777
PromotionsNew-to-Bank customers enjoy rates as low as 3%* p.a. (EIR 5.64% p.a. – 6.60% p.a.) with loan tenure from 1 to 5 years.
Existing customers enjoy rates of 4.5%1 p.a. (EIR 8.21% p.a. – 8.41% p.a.) with loan tenure from 1 to 5 years.

CIMB CashLite offers one of the best personal loan in Singapore, allowing you to enjoy promotional interest rates as low as 3%* p.a. (EIR 5.64% p.a.) with no processing fee for limited time only.

8. Maybank2u

personal loan in Singapore
Type of InformationDetails
Website https://www.maybank2u.com.sg/en/personal/cards/debt-consolidation-plan/debt-consolidation-plan.page?
Highlights to note– Easy Repayment
– Complimentary Credit Card
– Choose up to a 10-year repayment period for affordable monthly repayments
– Lower Interest Rate
Contact Number1800 629 2265
PromotionsEnjoy promotional interest rate from as low as 3.88% p.a. (EIR 6.92% p.a.) and receive up to 5% cash rebate upon approval of your Maybank DCP application!

At Maybank, they provide a range of personal loans and financing solutions catered to your specific needs.

Their debt consolidation loan account consolidates all your unsecured credit facilities (credit card/credit line) outstanding balances across multiple financial institutions into one fixed monthly repayment.

9. Bank Of China

personal loan in Singapore
Type of InformationDetails
Website https://www.bankofchina.com/sg/pbservice/pb2/201708/t20170828_10477307.html
Highlights to note– Complimentary MoneyPlus Line of Credit with lowest interest rate for your daily necessities
– Interest saving with reducing balance method
– Fixed monthly repayment amount
Contact Number1800 677 95566
PromotionsA cash advance fee of S$20 or 6% of amount withdrawn, whichever is higher, is applicable on each withdrawal made under MoneyPlus Line of Credit

Bank of China wants you to enjoy the life you desire with BOC $martLoan that offers you a fixed monthly repayment period of up to 7 years. With just S$6 a day, you can get extra cash of S$10,000.

10. Bugis Credit

personal loan in Singapore
Type of InformationDetails
Website https://www.bugiscredit.sg/
Highlights to note– Get your approval in 30 mins by applying online
– A Safe Way to Borrow Cash
– With a minimum salary of SGD2,000, you can borrow up to six months’ worth of your income
Contact Number+65 6345 9123

At Bugis Credit, they provide customized services, making sure you get the best personal loan for your interest. They will help you with all your financing needs and help you plan when head down for a quick consultation session.

Their professional loan officers will walk you through each step and help you understand how your personal loan matters.


Do you have any reviews and comments to share regarding our choices for the best personal loans in Singapore?

While SBO is committed to supporting our local businesses, we welcome any feedback and anonymous sharing regarding your experience with the listed personal loans in Singapore.

We hope that this guide will be useful in helping you to make an informed decision when it comes to finding the best personal loans in Singapore. If you are also interested in getting a loan for your SME, you can check out our 10 best business loans in Singapore for SMEs.


Explore More Content

Table of Content