CreditAble Term Loan

Looking for low interest loan with planned repayments? CreditAble Term Loan might be just the right thing for you.

An instalment option under Maybank CreditAble, CreditAble Term Loan comes with unbelievably low interest rates and lets you repay your loan in affordable fixed monthly instalments, up to 60 months.

Whether it's replacing your home appliances or taking the family on a vacation overseas, CreditAble Term Loan’s low interest rates make it convenient to take care of your commitments.

Here's an overview of your approximate instalment payment based on loan amount of S$9,000.

Repayment
Period
Processing
Fee
Interest
Rate
Effective
Interest Rate
Monthly
Instalments
12 months



2%
7.48% p.a.
17.06% p.a.
S$806
24 months
7.52% p.a.
15.59% p.a.
S$431
36 months
7.76% p.a.
15.28% p.a.
S$308
48 months
7.86% p.a.
14.94% p.a.
S$246
60 months
7.94% p.a.
14.67% p.a.
S$210

Effective interest rates are subject to compounding if monthly interest charges are not paid in full.


Click here to calculate your monthly repayment amount.


S$120 Cash Credit Enjoy S$120 Cash Credit*, with a minimum approved CreditAble Term Loan amount of S$9,000.

This CreditAble Term Loan promotion (“Promotion”) starts on 17 April 2017. The S$120 cash credit (“Gift”) is limited to the first 500 successful CreditAble Term Loan applicants with an approved term loan amount of S$9,000 and above (“Successful Applicants”). Each Successful Applicant is entitled to only one Gift, regardless of the number of successful term loan applications per Successful Applicant. Successful Applicant will have the Gift credited to his/her CreditAble account within one (1) month from successful application. The full value of the Gift will be charged to the Successful Applicant if his/her CreditAble Term Loan is prepaid or terminated anytime within the approved tenure period. Maybank reserves the right to replace, exchange, vary or substitute the Gift offered under this Promotion at any time at its absolute discretion without prior notice or reason and without liability to any persons. The Gift is non-transferable, non-exchangeable and non-replaceable for cash, other goods or services or kind by the Successful Applicant. Maybank may vary, delete or add to any of these terms and conditions, or withdraw, suspend or discontinue tis Promotion at any time without any notice or liability to any person. Maybank's decision on all matters regarding this Promotion shall be final, conclusive and binding on all applicants. CreditAble Term Loan Terms and Conditions apply. Please visit www.maybank2u.com.sg for more details.

Information contained herein is accurate as at the time of publish.

Terms and Conditions of CreditAble Term Loan (PDF)