OCBC delivers a number of residence financial loan offers for HDB flats, featuring aggressive fascination costs in its place on the HDB Concessionary Bank loan. Their offerings consist of each fixed and floating level solutions. For instance, a hard and fast-fee bundle may offer a amount of 2.32% p.a. for a two-calendar year lock-in time period, whilst a floating-level solution is typically pegged to the 3-Thirty day period Compounded SORA by using a spread. Being eligible for an OCBC HDB personal loan, applicants have to be at the very least 21 years previous and fulfill a bare minimum personal loan volume of S£200,000 for HDB flats. The personal loan quantity and acceptance are subject to the whole Debt Servicing Ratio (TDSR) plus the bank's credit score evaluation of your borrower's revenue and money obligations. OCBC is known for its quickly software system and also offers specialized merchandise such as Eco-Care House Bank loan for Attributes with a BCA more info Eco-friendly Mark certification. The financial institution's financial loan products and services also provide versatility for borrowers to reprice their bank loan bundle or make partial prepayments.