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Instant Loan: Interest, Fees and Charges
| A. Charges specific to Personal Credit Line Instant Loan | |
|---|---|
| Instant Loan instalment interest rate | Interest on each loan shall be calculated based on a flat rate (simple interest) by multiplying the principal loan amount by the specified interest rate offered to you for the full tenor of the loan.
The interest rate offered to you will be displayed during your loan request and is subject to the bank’s discretion based on various factors, including but not limited to, your personal credit and income profile. This rate may differ from the published rate and the rate offered to other customers. |
| Late Interest on overdue outstanding balances (Late Interest) | Prevailing interest of 30.99% per annum, if the loan instalment amount is not paid in full by the payment due date |
| Processing Fee | Upfront fee charged upon approval and disbursement of each loan.
The fee offered to you will be displayed during your loan request and is subject to the bank’s discretion based on various factors, including but not limited to, your personal credit and income profile. This rate may differ from the published rate and the rate offered to other customers. |
| Early Repayment Fee | An early repayment fee of $100 or 3% of the remaining unpaid principal amount, whichever is higher, or at such rate as MariBank may determine, will be imposed at the discretion of MariBank if full repayment is made prior to the expiry of each respective Instant Loan’s loan tenor. |
| B. Charges specific to Mari Credit Card Instant Loan | |
|---|---|
| Instant Loan instalment interest rate | Interest on each loan shall be calculated based on a flat rate (simple interest) by multiplying the principal loan amount by the specified interest rate offered to you for the full tenor of the loan.
The interest rate offered to you will be displayed during your loan request and is subject to the bank’s discretion based on various factors, including but not limited to, your personal credit and income profile. This rate may differ from the published rate and the rate offered to other customers. |
| Any prevailing interest on outstanding balances | Instant Loan instalments once charged become outstanding balances on your Mari Credit Card. Any prevailing interest (such as Nominal Interest and Late Interest) applicable to Mari Credit Card outstanding balances will apply. |
| Processing Fee | Upfront fee charged upon approval and disbursement of each loan.
The fee offered to you will be displayed during your loan request and is subject to the bank’s discretion based on various factors, including but not limited to, your personal credit and income profile. This rate may differ from the published rate and the rate offered to other customers. |
| Early Repayment Fee | An early repayment fee of $100 or 3% of the remaining unpaid principal amount, whichever is higher, or at such rate as MariBank may determine, will be imposed at the discretion of MariBank if full repayment is made prior to the expiry of each respective Instant Loan’s loan tenor. |
Interest rates, fees and limits are effective as at 29 Oct 2026.
MariBank is licensed by the Monetary Authority of Singapore.
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