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CIMB Education Loan - Standard Repayments

Loan Tenure (Years)Monthly Rest Interest RateProcessing FeeEffective Interest Rate**Monthly Instalment Amount*
1CIMB Prime Rate - 0.11% p.a.^2%9.18%S$1,716
27.38%S$881
36.75%S$603
46.42%S$465
56.23%S$382
66.10%S$326
76.00%S$287
85.93%S$257
95.88%S$235
105.83%S$216

Note: *The above monthly instalment amounts have been simplified for illustration purposes.

^ Interest rates are subjected to change without prior notice.

** Effective Interest Rate (EIR) is calculated taking into consideration the applicable processing fee and based on approved loan amount of S$20,000. The EIR may differ depending on the applicable monthly rest interest rate and actual loan tenure.

CIMB Education Loan - Interesting Servicing Repayments

Loan Tenure (Years)Monthly Rest Interest RateProcessing FeeEffective Interest Rate**Monthly Instalment Amount*
-Course of study
First 4 years: CIMB Prime Rate + 0.49% p.a.^
2%-S$100
5Thereafter: CIMB Prime Rate - 0.11% p.a.^6.44%S$1,716
66.34%S$881
76.27%S$603
86.21%S$465
96.15%S$382
106.11%S$326

Note: *The above monthly instalment amounts have been simplified for illustration purposes.

^ Interest rates are subjected to change without prior notice.

** Effective Interest Rate (EIR) is calculated taking into consideration the applicable processing fee and based on approved loan amount of S$20,000. The EIR may differ depending on the applicable monthly rest interest rate and actual loan tenure.