OCBC provides various house financial loan offers for HDB flats, offering aggressive fascination fees instead into the HDB Concessionary Personal loan. Their choices incorporate both equally fastened and floating fee selections. For illustration, a set-price offer could give you a rate of two.32% p.a. to get a two-yr lock-in interval, even though a floating-fee selection is usually pegged towards the three-Month Compounded SORA with a unfold. To become suitable for an OCBC HDB bank loan, applicants should be at least 21 yrs old and meet up with a minimal personal loan volume of S£200,000 for HDB flats. The personal loan sum and acceptance website are topic to the overall Debt Servicing Ratio (TDSR) plus the bank's credit score evaluation of the borrower's cash flow and financial obligations. OCBC is recognized for its rapid software method and also provides specialised products much like the Eco-Treatment Home Bank loan for Houses with a BCA Eco-friendly Mark certification. The financial institution's financial loan services also offer overall flexibility for borrowers to reprice their financial loan offer or make partial prepayments.