OCBC presents a variety of property loan offers for HDB flats, providing aggressive fascination costs in its place on the HDB Concessionary Bank loan. Their choices include both fastened and floating fee possibilities. By way of example, a fixed-level deal may well present you with a amount of two.32% p.a. for a two-12 months lock-in interval, while a floating-price alternative is usually pegged for the 3-Thirty day period Compounded SORA which has a unfold. To get eligible for an OCBC HDB mortgage, applicants should be at the very least 21 many years aged and meet up with a minimal personal loan number of S$two hundred,000 for HDB flats. The financial loan volume and acceptance are click here subject matter to the Total Credit card debt Servicing Ratio (TDSR) along with the lender's credit assessment on the borrower's income and economic obligations. OCBC is recognized for its fast application method and also offers specialized products and solutions such as the Eco-Care Dwelling Personal loan for Attributes which has a BCA Environmentally friendly Mark certification. The financial institution's loan solutions also offer flexibility for borrowers to reprice their personal loan deal or make partial prepayments.