• 0.75% processing fee¹
• Attractive interest rates:
  • For loan tenure 1 to 2 years, interest rate from 6.93% p.a. (Renovation Loan Board Rate less 3.92 % p.a.)²
  • For loan tenure 3 to 5 years, interest rate from 4.98% p.a. (Renovation Loan Board Rate less 5.87 % p.a.)²

¹This promotion is valid until 31 December 2023. Your Renovation Loan application must be approved by 31 December 2023 with a minimum loan quantum of S$15,000 and minimum loan tenure of 3 years. Maybank may change these terms or suspend or terminate the promotion without giving any notice. The Renovation Loan processing fee is currently at 1.25% of approved loan amount or minimum S$150; whichever is higher.

²Your application must be approved and subject to credit evaluation. Rates quoted are indicative and will be confirmed when your loan application is approved and upon issuance of Letter of Approval. Else, other interest rates shall apply. Maybank may change the terms or suspend or terminate the promotion without giving any notice. The Renovation Loan Board Rate is currently at 10.85% per annum.

• Interest rates from 4.08% p.a. for existing Home Loan customers. Your renovation loan application must be approved with a minimum loan quantum of S$15,000 and a minimum loan tenure of 3 years.
• Attractive renovation loan interest rate.
• Loan amount up to 6X your monthly income or S$30,000 (whichever is lower).
• Loan tenure up to 5 years.

Simply apply online with Singpass

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View our Fees and Charges.

• Terms and Conditions Governing Renovation Loan Facility (PDF)
• Terms and Conditions for Banking Facilities (PDF)
• Loan Service Request Form (PDF)
• Loan Disbursement Form (PDF)