Interest Rates, Fees and Limits
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Mari Business Loan: Interest Rates, Fees and Limits
| Interest Rates 1 | |
|---|---|
| Mari Business Loan | 0.5% per month (Simple interest) From EIR 8.98% p.a.2 |
| Mari Business Loan (Term Loan) | 5% p.a. (Simple interest) From EIR 9.31% p.a.3 |
1 All rates are for information only and subject to change without prior notice.
2 EIR calculated based on a 3 month loan tenure.
3 EIR calculated based on a 3 year loan tenure.
| Fees | |
|---|---|
| Processing Fees | Free |
| Annual Fees | Free |
| Prepayment Fees | Free |
| Drawdown / Disbursement Limits | |
|---|---|
| Mari Business Loan | In multiples of S$100 (min. S$100) Subject to available limit |
| Mari Business Loan (Term Loan) | Up to S$300,000 subject to bank approval. Terms and conditions apply. |
For late payment, no late fees will be charged but late interest of 15% p.a. on loan principal outstanding will be charged. For more details, read here.
Interest rates, fees and limits are effective as at 28 June 2024.
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