CIMB CashLite – Low interest & as much as S$step 1,000^ Cashback!

Fees Table

#The fresh new payable apartment rate of interest / payable business fees was at step 3.5% p.good. to have one year and you can 2 years, and you can 3.0% p.good. getting three-years, forty eight days and 60 weeks. The respective productive rate of interest (EIR) was at six.40% p.good. for 12 months, six.58% p.an excellent. getting a couple of years, 5.68% p.a good. to have 36 months, 5.67% p.a great. having forty-eight weeks and you can 5.64% p.a. to possess 60 days. EIR is the expression of comparable to brand new flat attract speed / payable studio charge cited more than using compounding and on a keen annualised interest / payable facility fees foundation.

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Qualification

• Monthly instalment payable need to be paid in full along with any an excellent delinquent number from the prior declaration.
• If any month-to-month instalments becomes overdue, interest and you can later payment fees might possibly be levied toward such as delinquent instalment as well as other delinquent numbers on your own CIMB Borrowing from the bank Card membership in accordance with the Cardmember’s arrangement.
• Late payment fees: S$100 is billed in the event that (i) full commission of your own the harmony (the spot where the a fantastic balance is actually S$fifty otherwise faster) is not gotten because of the fee due date; or (ii) in case your minimal payment (where the the harmony exceeds S$50) given throughout the declaration is not received from the percentage due big date.
• Interest: 2.158% a month (active interest rate 25.9% p.a. susceptible to compounding when your costs aren’t paid back entirely) with the transaction amount, chargeable on a daily basis in the day out of send up to acknowledgment off complete commission (lowest charge from S$dos.50).

If for example the minimum payment isn’t received in full because of the payment deadline of every Asking Statement, funds costs could well be levied from the rate regarding 2.333% a month (effective rate of interest from twenty-eight% p.good. subject to compounding) chargeable several times a day, with the like wide variety since is actually owed and you may owing (at the mercy of the very least monthly charge away from S$dos.fifty otherwise such as for instance almost every other share while the tends to be determined by the Bank). The financing fees often return back once again to the energetic interest rate off twenty-five.9% p.a great. when lowest percentage is acquired completely because of the percentage due time. People adjustment otherwise reinstatement of interest price shall begin working of the newest go out of such Billing Report after brand new payment due time out-of a relevant Billing Statement.

*Only applicable to New-to-Bank customers who apply for CIMB CashLite Personal Instalment Loan with minimum approved loan amount of S$1,000 and above. Terms and conditions governing the CIMB CashLite Personal Instalment Loan – NTB Interest Rate and Cashback Promotion 2022 apply. Please click here for full terms and conditions

^Simply appropriate getting CashLite Private Instalment Loan applications recorded via CIMB web site with lowest loan tenure off 36 months and you will approved loan number of S$5,100000 or more. Small print ruling the new CIMB CashLite Private Instalment Financing – NTB Interest rate and you can Cashback Promotion 2022 incorporate. Please follow this link to own full terms and conditions.

1 Their accepted interest will be computed considering their exposure character and could change from the latest published rates. While you are another type of CIMB Borrowing Cardmember, you’ll discover a call of CIMB Financial after your CIMB Credit Card’s recognition.

Please be aware minimal loan amount is S$step one,one hundred thousand and getting supplied as much as a maximum of 90% of the credit limit.

For all Conditions & Requirements online payday IA into CIMB CashLite Individual Instalment Loan, you can learn a whole lot more because of the hitting the links less than: