CreditAble Term Loan

CreditAble Term Loan is a new feature under Maybank CreditAble that offers you the convenience and control you need over your finances.

An instalment option for all your needs, it also comes with unbelievably low interest rates and the flexibility to choose repayment periods of up to 36 months.

Repayment Period
Processing Fee
Interest Rate
Effective Interest rate
12 months

2%
3.78% p.a.
10.50% p.a.
24 months
5.58% p.a.
12.16% p.a.
36 months
7.18% p.a.
14.29% p.a.

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

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 and interest amounts base on 24-months repayment period at an interest rate of 5.58% p.a.

What you need
Loan amount
Interest Amount
Monthly Repayment
as low as
Home and furnishings
$8000
$893
$371
Education
$5000
$558
$232
Vacation
$3000
$335
$139

Figures have been simplified and rounded off for illustration purposes.

Enjoy perfect home printing needs with this Epson Expression Home XP-102 all-in-one colour inkjet printer with approved CreditAble Term Loan amount of S$5,000.

Comes with 1 additional set of ink cartridges exclusively for CreditAble customers.

Promotion starts on 1 April 2013. Each new CreditAble Term Loan applicant is entitled to only one Gift, regardless of the number of successful term loans applied for. Eligible applicants will receive a redemption letter via post. The full cost of the Gift will be charged to the applicant if his/her CreditAble Term Loan is prepaid or terminated anytime within the approved tenure period. Maybank reserves the right to vary or substitute the Gift offered under this promotion at any time at its absolute discretion. Gift(s) are non- transferable, non-exchangeable and non-replaceable for credit, cash or kind by the applicant. Maybank is not an agent of the merchant and makes no representation as to the quality of the Gift(s). Any dispute about the quality of the Gift(s) must be resolved by the applicant directly with the merchant. Maybank may vary, delete or add to any of these terms and conditions, or withdraw, suspend or discontinue this 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.

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

Terms and Conditions of Term Loan (PDF)