How much can I borrow on the Maybank Personal Loan?

I am looking to borrow some money to offset on some commitments thus I would like to know how much limit I can get to borrow with the Maybank Personal Loan?

  • user image

    No Name

    The loan amount is dependent on the Open Market Valuation (OMV) of the financing vehicle. Where open market value is less than or equal to S$20,000 a maximum 70% of purchase price less amount of discount, rebate or any other benefits offered. Where open market value is more than S$20,000 maximum 60% of purchase price less amount of discount, rebate or any other benefits offered.

    2019.08.01 6:50

    Please leave your knowledge and opinion!

    Related Forums

    What will happen if a foreigner borrows money from unlicensed money lenders?

    WHat is the cheapest unlimited mobile data plan in Singapore?

    I'm looking for an unlimited mobile data plan that is cheap and reliable. I already have one which offers me Unlimited data and unlimited call and SMS but I'm currently on a budget and I don;t really call or send SMS so I'm looking for a low priced but reliable unlimited mobile data plan with adequate speed.

    Is it true that foreigners would be subjected to aggregate loan caps?

    I'm investing on a farm abroad by using my credit card.I got scammed

    At what age can you get a landline in Singapore?

    What are the different SmartPhone devices that I need to start a business using my smartphone?

    Related Reviews

    Earn up to 1% rebate on your purchase

    OCBC Cashflo Credit Card / Oversea-Chinese Banking Corporation

    If you target to spend on major event tickets and high price items with the plan to split by instalment then this card is for you. However I notice that if you have an existing OCBC saving account, it makes bill payments much more seamless. And aside from being able to split payment into monthly instalments interest free, you can earn up to 1% rebate on your purchase. Only few cards in the market that allow auto convert spending into interest free instalment and still be entitled to 0.5% or 1% cash rebate.

    Poor Customer Service

    Citi Rewards Card / Citibank Singapore

    I am quite very disappointed with this card as I have never received the vouchers for all the points I have accumulated so far. I have on several occasions made complaints via the phone and even in person, but all to no avail. I would not recommend this card to anyone for this reason, i have to say unfortunately.

    You get 10X points when you shop at retails for babies and children's wear

    OCBC Titanium Rewards Credit Card / Oversea-Chinese Banking Corporation

    I would recommend the card for use by people who frequently purchase clothing and electronics and also in particular from known on online merchants like AliExpress, Amazon, Lazada, Shopee and Taobao.You get 10X points when you shop at retails for babies and children's wear, clothes, bags and shoes, department stores, electronics and gadgets; which cover almost all retails. Also the OCBC Reward is a $10 rebate for 3600 points which I think is fare.

    When I apply via MyInfoget I get to use my card instantly

    OCBC Robinsons Group Credit Card / Oversea-Chinese Banking Corporation

    So it is really convenient that I can get and use my card instantly when I apply via MyInfo. And the cards instant digital card that can be used for mobile wallets, online and mobile app purchases. Now aside from the same day physical credit card issuance for online applications you also get S$50 cash rebate upon approval with no minimum spend required. However that is only for new OCBC Credit Card applications.

    Too bad it is not an unlimited cashback card

    HSBC Advance Credit Card / HSBC Bank Singapore

    Unfortunately, the HSBC advance card is not an unlimited cashback card as they have a cap on the cashback per month, even for advance banking clients. Furthermore, if you are not an advance banking client, you would not get subsequent card fee waiver if you do not get to spend at least $12,000 in a year.

    5% year-round cash rebates on dining, groceries, petrol and more

    HSBC Premier MasterCard / HSBC Bank Singapore

    For me nothing beats the 5% year-round cash rebates on dining, groceries, petrol and transport (that is taxis, ride hailing, trains and buses inclusive), locally and overseas when you spend minimum S$600 per month. And the cash rebate is capped at S$150 per month. So if you don’t drive, not to worry as you can enjoy 5% cash rebate for your transportation needs, be it a taxi ride, a booking made via ride hailing apps, or trains/buses.