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Maybank Renovation Loan

Renovate your dream home with a hassle-free approval and competitive interest rates.

Giving your home a makeover? Look forward to that coveted designer finish you have always dreamed of with a Maybank Renovation Loan.

Enjoy competitive interest rates, hassle-free approval with a Maybank Renovation Loan and put the finishing touches to your perfect home.

Promotion


i. Enjoy attractive interest rates:

  • For 1 to 3 years loan tenure from 4.30% p.a. (Renovation Loan Board Rate less 4.20 % p.a.)¹
  • For 4 and 5 years loan tenure from 4.20% p.a. (Renovation Loan Board Rate less 4.30 % p.a.)¹

ii. Apply for an Home Renovation Loan online to finance your renovation cost and receive S$100 shopping voucher² per successful application.

Apply Online Now

1 This promotion is valid till 1 January 2021. Your application must be approved by 1 January 2021 and subject to credit evaluation. Else, other interest rates shall apply. Maybank may change these terms or suspend or terminate the promotion without giving any notice. The Renovation Loan Board Rate is currently at 8.50% per annum.

² Campaign Period from 1 November to 31 December 2020 or whilst stock last, whichever is earlier. To be eligible to receive S$100 worth of shopping voucher under the Campaign, applicant must, during the Campaign Period, successfully apply for a Home Renovation Loan via the online loan application platform on Maybank's website with a minimum loan quantum of S$15,000 and a minimum loan tenure of 3 years ("Loan"). For avoidance of doubt, the Loan must be applied for, approved, accepted and disbursed by 31 December 2020. Campaign is not valid in conjunction with other promotions/campaign. Terms and Conditions apply.

 

Benefits


  • Interest rates from:
    • 2.88% p.a. for existing Home Loan customers.
    • 4.30% p.a. for new customers who apply for 1 to 3 years loan tenure.
    • 4.20% p.a. for new customers who apply for 4 and 5 years loan tenure.  
  • Loan amount up to 6X your monthly income or S$30,000 (whichever is lower).
  • Loan tenure up to 5 years.

Calculator


How to Apply


  • Find out if you are eligible for the renovation loan.
  • Make an Appointment
  • SMS Reno <Name> <Contact Number> to 79898 to get in touch.