Get A Personal Loan With The Best Interest Rates Today

Looking For A Personal Loan? Compare Personal Loans Available Today In Partnership With Lendela!

Lendela provides prospective borrowers with a simple way to find the cheapest personal loans available. By offering custom personal loan offers, based on the prospective borrower's profile, Lendela allows individuals to compare the best rates available offered by licensed moneylenders and banks based on your tailored individual situation and urgency in Singapore.

Take a few minutes to fill out the form and we’ll show the best loan out there for you, free of charge.

valuechampion partnership with lendela


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By submitting this form, you authorise and consent to Lendela and its related corporations collecting, using and/or disclosing your data for purposes reasonably required to contact you. Its representatives or distribution partners may contact you by SMS, telephone call and/or email in relation to this enquiry.
lendela selected partners

Frequently Asked Questions (FAQ)

If you are 18-70 years old, a salaried Singaporean / PR / EP holder earning at least S$1,200 per month, then you are eligible.

Note that each financial institution has their own unique criteria but we’ll show you the best loan that you are eligible for.

With banks you can borrow up to 8 times more than your monthly income and with other institutions you can borrow up to 6 times more.

You can borrow up to $100,000. However, this is highly dependent on your conditions and personal information in the application to check for eligibility, as well as the availability of the loan from the bank/financial institution lending the loan.

Lendela has partnerships with these banks:

dbs logo
posb logo
hsbc logo
standard chartered logo
uob logo
citibank logo

Your personal loan application at Lendela will be sent to multiple banks and financial institutions. These banks and/or financial institutions will assess your application based on your personal information; conditions; as well as their internal criteria for loan approval.

After processing the application, they will present their best loan offer to you. You simply compare your offers and select the one with the lowest interest rate.

This depends on each loan provider's internal process, as well as your conditions in the application.

However, when your application is fully approved and you have accepted an offer, it would take a few days to receive your loan amount in your bank account you submitted on the application

During the application process, the lender will check that you meet the following requirements:

Credit score: Many banks evaluate credit scores differently for individuals. You are generally expected to have a credit score that ranges from around 1825 to 2000 in order to qualify for a consumer loan in Singapore.

Employment: In general, banks accept applicants who work or reside in Singapore and are gainfully and stably employed or self-employed. Some banks may expect you to have alternative sources of income e.g. retirement benefits or investments in addition to being employed.

Income: To successfully apply for your suitable personal loan in Singapore via Lendela, you are required to earn a minimum of $1,600 per month.

Residency: Most of the banks and financial institutions partnering with Lendela grant personal loans to Singaporean citizens, permanent residents and EP holders.

Age: You have to be between 21 and 61 years old in order to apply for the best personal loan in Singapore with Lendela.

Lendela is a broker that offers mainly personal loans. These loans do not have a collateral unlike business loans, and are used to pay for personal items. An application of personal loans include, but are not limited to:

  • Cash loan
  • Urgent loan
  • Immediate loan
  • Renovation loan
  • Car loan
  • Student loan
  • Wedding loan
  • Quick loan

Government-issued ID: Passport, driver’s license, NRIC, or other forms of government-issued identification when the bank is processing your personal loan application or when you are collecting the loan disbursement.

Proof of income: Some banks may ask you to provide payslips from the last three to six months, or your bank account statements. If you are in the self-employed category, banks may demand tax returns from the last two years of the most recent one-year statement for both current and savings accounts.

Proof of residence: You need to prove your residential address. This can be done, for instance, by providing your latest local utility bills, local telco bills, or local bank statement/credit card statement.


By submitting this form, you authorise and consent to Lendela and its related corporations collecting, using and/or disclosing your data for purposes reasonably required to contact you. Its representatives or distribution partners may contact you by SMS, telephone call and/or email in relation to this enquiry.

Frequently Asked Questions (FAQ)

If you are 18-70 years old, a salaried Singaporean / PR / EP holder earning at least S$1,200 per month, then you are eligible.

Note that each financial institution has their own unique criteria but we’ll show you the best loan that you are eligible for.

With banks you can borrow up to 8 times more than your monthly income and with other institutions you can borrow up to 6 times more.

You can borrow up to $100,000. However, this is highly dependent on your conditions and personal information in the application to check for eligibility, as well as the availability of the loan from the bank/financial institution lending the loan.

Lendela has partnerships with these banks:

dbs logo
posb logo
hsbc logo
standard chartered logo
uob logo
citibank logo

Your personal loan application at Lendela will be sent to multiple banks and financial institutions. These banks and/or financial institutions will assess your application based on your personal information; conditions; as well as their internal criteria for loan approval.

After processing the application, they will present their best loan offer to you. You simply compare your offers and select the one with the lowest interest rate.

This depends on each loan provider's internal process, as well as your conditions in the application.

However, when your application is fully approved and you have accepted an offer, it would take a few days to receive your loan amount in your bank account you submitted on the application

During the application process, the lender will check that you meet the following requirements:

Credit score: Many banks evaluate credit scores differently for individuals. You are generally expected to have a credit score that ranges from around 1825 to 2000 in order to qualify for a consumer loan in Singapore.

Employment: In general, banks accept applicants who work or reside in Singapore and are gainfully and stably employed or self-employed. Some banks may expect you to have alternative sources of income e.g. retirement benefits or investments in addition to being employed.

Income: To successfully apply for your suitable personal loan in Singapore via Lendela, you are required to earn a minimum of $1,600 per month.

Residency: Most of the banks and financial institutions partnering with Lendela grant personal loans to Singaporean citizens, permanent residents and EP holders.

Age: You have to be between 21 and 61 years old in order to apply for the best personal loan in Singapore with Lendela.

Lendela is a broker that offers mainly personal loans. These loans do not have a collateral unlike business loans, and are used to pay for personal items. An application of personal loans include, but are not limited to:

  • Cash loan
  • Urgent loan
  • Immediate loan
  • Renovation loan
  • Car loan
  • Student loan
  • Wedding loan
  • Quick loan

Government-issued ID: Passport, driver’s license, NRIC, or other forms of government-issued identification when the bank is processing your personal loan application or when you are collecting the loan disbursement.

Proof of income: Some banks may ask you to provide payslips from the last three to six months, or your bank account statements. If you are in the self-employed category, banks may demand tax returns from the last two years of the most recent one-year statement for both current and savings accounts.

Proof of residence: You need to prove your residential address. This can be done, for instance, by providing your latest local utility bills, local telco bills, or local bank statement/credit card statement.

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