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What are the loan repayment schedules in 2021?

Published by Handy Work on

Loan repayment schedules
Loan repayment schedules

In Singapore, loan repayment schedules differs depending on each banks’ policy – usually between 24 months to 48 months.

In Malaysia, loan repayment schedules for personal consumer loans also differs depending on each banks’ policy. Usually, the repayment period is 24 months to 48 months.

In Indonesia, loan repayment schedules for personal consumer loans also differs depending on each banks’ policy. Usually, the repayment period is 12 to 24 months (depending on the amount of loan you are applying for) and borrowers can choose to make monthly or quarterly repayments.

In the Philippines, loan repayment schedules are usually 12 months to 48 months depending on your credit profile. For smaller amount of loan (e.g below 10 million PHP), it usually ranges from 12 – 24 months while bigger amount of loan range from 24 – 48 months with 6-12 month grace period before you start repaying your personal loan in full. Borrowers can choose to make monthly or quarterly repayments.


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