- Promotional 3M Compounded SORA pricing package
- One-time S$88 bill rebate when you sign up for Senoko's LifeGreen24 plan by 31 December 2023
Terms and conditions apply.
Open a new 360 Account today and enjoy double bonus interest for salary and spend categories on the first S$75,000 for the first 2 months after the month of account opening.
T&Cs apply. Insured up to S$100K by SDIC.
Conveniently and securely exchange AUD, CAD, CHFNEW, CNH, EUR, GBP, HKD, JPY, NZD and USD, 24/7 via OCBC Digital, for your overseas transfer, travel payments, online spends, investments and more.
Reduce your taxable income by the same amount contributed to your SRS Account, with a maximum yearly contribution of S$15,300 for Singaporeans and Singapore PRs, and S$35,700 for foreigners.
With our suite of travel products and services, spend less effort managing your travel and more time enjoying life's journeys.
Choose from a range of home loan packages for HDB or private homes with support from a mortgage specialist
Apply online and get approval within 60 minutes
Opt for Eco-Care Home Loan for more savings
Singaporean, Singapore PR or foreigner above 21 years old
Home loan amount must be at least S$200,000 for HDB flat or S$300,000 for Singapore private property
Check the results of your HDB IPA request. Find out more
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Comprehensive range of home loan packages
Choose from our wide range of fixed and variable pricing packages to suit your needs. Borrow up to 75% of your property's valuation.
Fast, simple and secure loan application
Apply with Singpass and get your home loan approved within 60 minutes.
Eco-care Home Loan
Be part of a greener Singapore with your sustainable home and enjoy more savings.
Verify that your home will be energy efficient with the Tropical Home Energy Efficiency Assessment (THEEA) developed by the Building and Construction Authority (BCA). Complete it in just 2 minutes before applying for the OCBC Eco-Care Home Loan.
Terms and conditions apply.
Build SG
Build SG
3M Compounded SORA |
Fixed(For completed properties only) |
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3M Compounded SORA | Fixed | ||
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Year 13M Compounded SORA + 0.65% |
To find out more about our fixed rate packages, you can submit a home loan enquiry form or approach your Mortgage Specialist. | ||
Year 23M Compounded SORA + 0.65% |
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Year 33M Compounded SORA + 0.80% |
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Thereafter3M Compounded SORA + 1.00% |
Step 1
Step 2
Step 3
Step 4
Use our OCBC OneAdvisor Affordability Calculator to find out how much you can borrow, based on your income, age and financial status.
If you have requested that we assess your eligibility to take up an OCBC Home Loan for your HDB purchase, you can check the results of your HDB IPA request.
Minimum age
21 years old
Minimum loan amount for Singapore private home
S$300,000
Minimum loan amount for HDB flat
S$200,000
or have us call you regarding In-Principle Approval (IPA) or to find out more.
We offer both fixed and variable packages for HDB and private property. Please refer to our HDB & Private Home Loan packages above for more details.
There are several key differences between a HDB Housing Loan and a Bank Loan. Customers will have to weigh between the different loan-to-value limits including initial cash outlay requirements, loan tenure, interest rates packages and their respective prepayment fees before deciding which best suit their needs.
Home loan rules and pricing can be complex, hence customers should speak to a mortgage specialist to gain a deeper understanding of the financial considerations involved.
Those looking to purchase a new private property can loan up to 75% of their property’s valuation or purchase price, whichever is lower. This applies to customers with no outstanding home loans. For example, if the property is valued and purchased at S$1,000,000, the maximum loan amount is S$750,000. Other factors such as the loan tenure, Loan-To-Value (LTV) or Total Debt Servicing Ratio (TDSR) will also affect the final loan amount.
If you already have an existing home loan with another bank, you can also consider refinancing your home loan with us and enjoy interest savings.
Having a bad credit score can affect your loan eligibility. At OCBC Bank, our mortgage specialist will take into account your credit history as well as other factors such as your age, income and liabilities to assess your repayment ability.
Speak to our mortgage specialists to find out how you can secure a housing loan and what documents you will need to provide.
The illustration below is based on a 2 year fixed rate package.
Keep your loan amount in the first year. Prepayment fee of 1.5% will be charged if you pay down the loan in the first year.
Latest SIBOR can be found here.
Latest SIBOR can be found here.
Myinfo is a government service that enables Singaporean citizens and residents to manage the use of their verified personal data for online transactions.
Year 1: 1M COMPOUNDED SORA + 0.98%
Year 2: 1M COMPOUNDED SORA + 0.98%
Thereafter: 1M COMPOUNDED SORA + 1.40%
Electricity Plans | Contract Duration | Promo Code | Entitlement |
SUNSEAP-100 (Fixed Rate) | 24 months | OCBCECO80 | $80 Bill Rebate to be reflected on the 6th bill |
SUNSEAP-100 (Discount Off Tariff) | 24 months | OCBCECO80 | $80 Bill Rebate to be reflected on the 6th bill |
The energy rate applicable for these plans can be found on Sunseap's website at www.sunseap.com at point of sign-up.
You can now pre-fill your home loan application via Myinfo with a secure, enhanced and fully digital process from application to acceptance.
Get us to contact you
Simply fill up the form and we will get back to you within 2 working days.
The Singapore Overnight Rate Average (SORA) is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8.00 am and 6.15 pm.
The 1M / 3M Compounded SORA is published by MAS at 9:00 am on all business days in Singapore and is computed by compounding the published SORA rate over the historical 1-month / 3-month period. Published by MAS since 4 August 2005 / 4 October 2005 respectively.
If the 1M / 3M Compounded SORA is less than zero, zero will be applied.