Tution Fee Loan
- Higher Learning Shouldn’t Make You Feel Guilty
- RNB’s flexible study loan allows you to finance your studies at any of the five local polytechnics and four universities (NIE, NTU, NUS and SMU). Now you can focus on learning and stop worrying about adding to your family’s financial burden.
- Make the Most of Your Education by Studying Worry-Free
- The Tuition Fee Loan covers up to 90% of your tuition fee, at 0% interest while you are at school, with no repayment required, so you can focus on what’s important.
- Pay Us Back When You Are Ready
- You can start repayment instalments* immediately after graduation, or once you find a job within 2 years* after graduation. You also have the choice to pay back in full or partially over 20 years*, with monthly instalments as low as S$100..
- *Interest rates will vary
- Repay Loan Within 20 Years
- Final repayment must be completed within 20 years from graduation.
- Free Up Your Cash for Investments
- Invest with our Blue Chip Investment Plan or enrol in our Young Investor Programme while you study to get a head start towards financial independence.
- Tuition Fee Loan + RNB Visa Debit Card Benefits
- A RNB Visa Debit Card, tagged to your loan servicing account, allows you to enjoy perks while you push ahead in your studies.
- 1. Free RNB Debit Card Design. Choose from over 120 designs.
- 2. Annual RNB Debit Card fee waiver for life.
- 3. Withdraw cash locally and overseas.
- 4. Over 2 million merchants accept VISA Debit Card
- Am I Eligible?
- Visit RNB branch with your guarantor to apply. A guarantor is someone who can be responsible for your loan in case you are not able to pay. Your guarantor must be an undischarged bankrupt.
Personal Loan
- Enjoy the Freedom of Flexible Monthly Payments
- RNB's Card Balance Conversion Plan helps you manage your finances by dividing your purchases into smaller instalments.
- Pursue Your Dreams
- You can now easily check off the items on your bucket list. From the down payment on a car, buying that dream bag online, purchasing the latest electronic gadgets or booking a ticket for that long awaited vacation.
- Low Processing Fees
- Opt for any of our instalment payment periods available with a low one-time processing fee.
- Here's an example of how RNB's Card Balance Conversion Plan works:
- Purchase a new laptop for S$1,800 with your RNB credit card
- Get Extra Cash Fast
- Get cash in 7 to 10 working days for existing RNB cards holders.
- Quick Processing for Current Customers
- Exclusively applicable to RNB card holders and applicants must be between 21 and 60 years old.
Instalment Period | 3 months | 6 months | 12 months |
---|---|---|---|
Processing Fee | 3% | 3% | 5% |
Instalment Period | 12 months |
---|---|
One-time processing fee | S$90 (based on 5% transaction amount) |
Monthly Instalment | S$150 |