Interest Rates, Fees and Limits
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Mari Business Loan: Interest Rates, Fees and Limits
| Interest Rates 1 | |
|---|---|
| Mari Business Loan (Credit Line) | From 0.5% per month (simple interest)2 |
| Mari Business Loan (Term Loan) | From 5% p.a. (simple interest)2 |
1 All rates are for information only and subject to change without prior notice.
2 The interest rate indicated is the lowest published rate and may differ from what is offered to you. We will inform you of the interest, and corresponding monthly instalment applicable via the MariBank app at the time of your loan drawdown or disbursement request.
| Fees | |
|---|---|
| Mari Business Loan (Credit Line) Processing Fees |
Free |
| Mari Business Loan (Term Loan) Processing Fees |
1.5% of Principal Amount |
| Annual Fees | Free |
| Prepayment Fees | Free |
| Drawdown / Disbursement Limits | |
|---|---|
| Mari Business Loan (Credit Line) | Up to S$200k subject to Bank approval.
Drawdown in multiples of S$100 (min. S$100), subject to available limit. |
| Mari Business Loan (Term Loan) | Up to S$500,000 subject to bank approval. |
For late payment, no late fees will be charged but late interest of 15% p.a. on loan principal outstanding will be charged. For more details, read here.
Interest rates, fees and limits are effective as at 7 March 2025.
MariBank is licensed by the Monetary Authority of Singapore.
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