CIMB Personal Loan Review: Low Interest from 1% P.A. & Up to S$2,888 Cashback

Unbiased review CIMB Personal Loan offers rates from 1.00% p.a. (EIR 1.94% p.a.), up to S$2,888 cashback and no processing fees. Fast approval and flexible loan tenures in Singapore.

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CIMB Personal Loan

Fast approval, rates from 1.00% p.a. (EIR from 1.94% p.a.), up to S$2,888 cashback, zero processing fees. Flexible terms up to 5 years.




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CIMB Personal Loan is a standout option for borrowers in Singapore seeking low-interest personal financing. With rates starting from just 1.00% per annum (EIR from 1.94% p.a.), applicants can enjoy competitive borrowing costs. The loan comes with no processing fees, flexible tenures from 1 to 5 years, and a maximum loan quantum of up to eight times your monthly income for qualified applicants. Moreover, there is a limited-time cashback promotion that lets you earn up to S$2,888 on approved loans with a minimum value and tenure requirement.

How to Apply for CIMB Personal Loan

  • Visit the CIMB application portal online.
  • Submit your details using MyInfo for instant processing.
  • Receive approval in minutes and get the funds disbursed to your linked bank account.
  • Accept the offer if you receive approval-in-principle via the provided link with your reference number.

Key Advantages

The biggest draw of the CIMB Personal Loan is its low advertised interest rate, making it one of the most affordable personal loans in Singapore. The zero processing fee offers real upfront savings for borrowers, so you get more value from your loan.

In addition, the promotional cashback gives you the opportunity to get up to S$2,888 if you meet the minimum loan and tenure requirements, which can offset your borrowing cost even further.

Potential Disadvantages

Keep in mind that the lowest interest rate advertised is subject to your income and creditworthiness. Not every applicant will qualify for the lowest rates or maximum loan amount. The cashback offer also has specific eligibility criteria that may exclude smaller loan amounts or shorter tenures.

Last, for Malaysian applicants, additional documents such as NRIC, passport, payslips, and proof of address are required, adding an extra step to the process.

Final Verdict

In our unbiased review, CIMB Personal Loan is an excellent pick for Singapore residents and Malaysians with good credit who value instant approval, low rates, and attractive cashback. Just be sure to check your eligibility and the terms for promotions before applying.

Recommended for you

CIMB Personal Loan

Fast approval, rates from 1.00% p.a. (EIR from 1.94% p.a.), up to S$2,888 cashback, zero processing fees. Flexible terms up to 5 years.




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