, Singapore
305 views
Photo courtesy of Alena Koval

Maybank Singapore unveils new home mortgage, renovation green loans

The bank expects to process over 500 sign-ups yearly.

Maybank Singapore has launched two green loans for home mortgage and renovation to encourage the takeup of green financing amongst homeowners in the city.

The loans are available for private and HDB properties. Customers are given the choice of either a two-year fixed rate home loan package or a SORA-pegged floating rate home loan package.

The Green Home Renovation Loan is priced at 2.88% per annum for existing Maybank home loan customers, and from 4.1% per annum for new customers who apply for a loan tenure between one and five years.

As an added bonus, customers who e-sign the Maybank Green Pledge and apply for the Green Home Loan online will also receive preferential pricing of 0.05% discount off the prevailing package interest rate for the first two years. 

Meanwhile, customers looking to renovate their homes are eligible to receive S$50 worth of shopping vouchers if they take the Maybank Green Pledge before signing up for the Green Renovation Loan online.

Maybank expects over 500 sign-ups yearly.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Funding freeze hits BNPLs
Investors are putting less cash towards BNPL providers, who already grapple with thin margins.
Bank-fintech alliance a win-win, says HSBC
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.