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Interest Rates

OCBC "Swap Offer Rates" Package

Enjoy transparency and flexibility with OCBC "Swap Offer Rates" Package - your customized home loan with interest rates that is pegged to the 3-month Singapore Dollar Swap Offered Rates ("SOR").

  

  • Other terms and conditions apply.
  • The interest rates quoted above are applicable to new housing loan applications for Completed Properties with Loan-to-Value less than or equal to 80% only.
  • SOR refers to the Singapore Dollar Swap Offered Rates (fixed daily at 11.00 a.m. by the Association of Banks in Singapore (ABS) Singapore time. It represents the average cost of funds used by banks in Singapore for commercial lending. Source : The Business Times; Reuters or Bloomberg. The SOR will be based on the date of loan disbursement (and available in The Business Times on the next business day). In the event where the ABS 11.00 a.m. fixing is not available, the Bank may obtain the applicable SOR from a different source, or in the alternative substitute the applicable SOR with such other rate as the Bank may determine to be reasonable.
  • The rates and other terms shown here are indicative only and are subject to change without prior notice. They are not to be taken as an offer to contract. OCBC shall not be responsible for any loss or damage arising directly or indirectly from the use of or reliance on the information provided herein.
  • The proposed transactions(s) herein (if any) is/are subject to the final expression of the terms set forth in the definitive agreement(s).
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