OCBC delivers many different household personal loan offers for HDB flats, offering aggressive desire fees instead into the HDB Concessionary Financial loan. Their choices incorporate equally mounted and floating charge alternatives. As an illustration, a fixed-rate offer could possibly give a charge of two.32% p.a. for your two-yr lock-in period, though a floating-amount alternative is typically pegged to your 3-Thirty day period Compounded SORA using a distribute. Being eligible for an OCBC HDB personal loan, applicants need to be no less than ocbc hdb loan 90 32 21 several years outdated and meet up with a minimal personal loan volume of S£200,000 for HDB flats. The personal loan sum and acceptance are subject to the overall Debt Servicing Ratio (TDSR) along with the bank's credit rating evaluation of the borrower's cash flow and financial obligations. OCBC is known for its rapidly software procedure and also offers specialized products and solutions such as the Eco-Treatment Dwelling Loan for Homes that has a BCA Environmentally friendly Mark certification. The bank's mortgage companies also deliver flexibility for borrowers to reprice their loan package deal or make partial prepayments.