With TCC Credit Co-operative Limited, you will get a maximum loan amount of up to six times your income per month or joint income. The maximum amount is capped at S$50,000. The repayment tenure ranges from 1 to 5 years.
The following table shows the interest rate applied with TCC Credit Co-operative Limited:
|Tenure (years)||Interest Rate (% p.a.)|
Let us say that you opt for a term loan amount of S$20,000 for a tenure of 2 years. The interest rate applied would be 6.99% p.a. When you input these numbers to calculate the monthly instalments, you will get the following results:
|Total Interest Cost||S$1488.66|
Disclaimer: The numbers taken above are only meant for the purpose of understanding and are estimated values. Do make sure you get in touch with the Co-operative to find out the actual numbers.
This personal loan is offered only to citizens of Singapore and Permanent Residents and you should also be a member of TCC.