BOC MoneyPlus Line of Credit
A line of credit allows you to conveniently access cash within your credit limit for emergencies. It is a pay-as-you-use type of short term personal loan scheme.
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Annual Income (S$)
Effective Interest Rate (p.a)
20,000 - 29,999
30,000 and above
BOC MoneyPlus Loan Interest rates for borrowers of different annual income
Late Fees: 2% of minimum payment sum (or S$100 per month, whichever is greater)
Minimum Monthly Payment: 3% of the monthly balance outstanding (or S$50, whichever is greater)