• Apply to borrow money at Lendela
  • Get offers of up to $200,000
  • Compare and select the best loan
  • 4.9/5 ⭐️ rating on Google Reviews


Loan Amount


Your monthly payment


Singapore Fintech Association

70,000 loan applications yearly!

Find out what our great customers have to say about Lendela.

2 hours ago
Hassle free! Service from dharan was great
anthony ruggiero
12 hours ago
Thanks to Jake for all your help a really easy way to get a loan they go above and beyond to find the best deal...
Aidan Fernandez
1 day ago
Gave me very good options to look for the best loans
Prince Matno
6 days ago
Wani patiently guided me through the whole process ensuring a smooth sailing transaction. Truly superb customer...
Roy Teo
1 week ago
Customer relationship officer Fadilah assisting me thru the application, her services is good & fast , come back...
Yusree Rosli
1 week ago
Easy to use great company good helping staff dharan on helping customers getting their suitable loans they need...
Izhar izhar
2 weeks ago
Thank you Fadilah for the assistance
oon weijie
2 weeks ago
Dharan is helpful to assist me along the application. Definitely recommended to all.
Meesan Unab
2 weeks ago
Helpful and very prompt appreciate it.
Suraya Echa
2 weeks ago
Save time to find a license loan. You can choose for your preferred budget and book an appointed with them!
Marran Madhavan
2 weeks ago
They made it very clear on what risk you are embarking about and made it clear so you do not have great areas....
Rose Hussein
2 weeks ago
Hassle free transaction recommended by lendela. Managed to get a small loan and monthly repayment at my budget....


Borrow money instantly in 3 easy steps with Lendela:

Apply fast & easy

1. Apply online in a few minutes

Compare your offers

2. Compare offers from multiple banks

Select loan

3. Select loan and get the money

Learn more about Lendela

Our goal is to make your loan application process quicker, simpler and more transparent. As Singapore’s only true personal loan comparison service, we support you all the way from application to disbursement. Click below to read more about Lendela and how we empower thousands of loan-seeking Singaporeans every month.

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Borrow Money Online in Singapore – Lendela's guide

How to borrow money online in Singapore?

Today, one doesn't have to go through a hassle to borrow money online in Singapore. There are financial institutions other than banks who offer easy-to-apply loans. You can borrow money online as well. Just switch on your mobile phone or laptop, fill out your information, and wait for approval. By doing so on a loan comparison platform like Lendela's, the chances of getting approved increase as the application is sent to various banks and financial institutions at the same time.

You could get a “generous” loan amount even with an average monthly income. Just like other loans, personal loans also come in different forms, like a wedding loan. All the debtors have different packages with a cornucopia of terms to offer to their clients. To make wise decisions in desperate times, you ought to compare the different rates that are available in the market if you need to borrow money in Singapore. That’s where Lendela comes in handy as well.

This article will outline all the things you need to know about borrowing money online. By using Lendela’s Singapore-based guide, you won’t have to worry about filling the gap between salaries and will be able to fix any financial fiasco.

A faster and easier way to borrow money online with Lendela

Getting started is easy with Lendela. If you need support, our customer service advisor will – along with yourself – go through the entire application process to borrow money; we will help to find the best personal loan for you. The process and requirements are so fast and simple that you could get your customised loan in just a couple of days. And the application itself doesn’t take more than a few minutes, meaning you can submit it instantly and borrow money from a number of banks and financial institutions in Singapore in no time at all.

The most common purposes for borrowing money online

Here are the most common reasons to borrow money online in Singapore:

1. Renovation

A personal loan could be a perfect option to fund your home renovation. Whether you want to paint your wall a new colour, do landscaping or hardscaping, or even add a pool, borrowing money can most certainly help.

2. Car purchase

Need a new car but worrying about the upfront fees? Buy a car with a personal loan, by depositing the loan into your personal account. Then use it to pay a car deposit or finance your car loan in Singapore.

3. Debt consolidation

A common use for personal loans is to use it to consolidate debt. Imagine having more than one loan or an outstanding credit card balance with different interest rates each month — consolidate all your debts into one account! This is the best financial solution and it makes for easier payment within a reasonable timespan.

4. Pay off credit card

One of the benefits of borrowing money through a personal loan is being able to settle the credit card balance. Consolidate your credit card’s outstanding balances and pay with lower interest rates using a personal loan. That is one definite way of managing your debt efficiently without worrying too much! No more late payments and missing settlements issues, when you can focus on just the one bill.

5. Vacation

Planning a year-end vacation to some place nice with your family or friends? Or celebrating your wedding anniversary on a luxurious cruise? Sometimes vacations can be quite pricey and hard to plan with a limited budget. Just as personal loans can assist with your upfront fee for your car, you can also borrow money online instantly through a variety of Singapore banks to aid your vacation plans.

6. Studies

Not everyone is fortunate enough to have their family’s financial support to further their studies. Though students can opt for student loans (and many do) and scholarships, not every student is eligible to apply for these options. Borrowing money via a personal loan to fund your education is beneficial in many ways: freedom to select your preferred course, flexible repayment terms, and help in building your credit score.

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Why you should borrow money online using Lendela

The best personal loans are determined by your financial situation and requirements. To help you decide the ideal personal loan package for you, Lendela instantly sends your application to borrow money to multiple banks and financial institutions in Singapore, and lets you select the best interest rate and payment tenure suitable to your needs. This way, you can rest assured that you found the best bank or financial institution in Singapore to borrow money from.

This is what you can get when applying at Lendela:

  • Personal loan up to $100,000

  • Easy online application done in a few minutes

  • No processing fee – 100% free of charge

  • Your lowest possible interest rate through comparison

Loan repayment tenure: 3 - 72 months

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Lowest interest rate personal loan in Singapore

And so, what is the lowest interest rate personal loan in Singapore when borrowing money online? The reality is that it differs for each loan applicant. The lowest interest rate personal loan in Singapore will be based on the information that you submit in your personal online application, as well as the unique eligibility criteria and assessment model of each bank. Therefore, it is hard to determine what the lowest interest rate personal loan in Singapore would be for you before you have actually applied to borrow money and received offers.

If you need to borrow money instantly, the easiest way to find the lowest interest rate personal loan in Singapore is to apply to multiple banks and financial institutions, either online or in person, at the same time. This way, you have the opportunity to compare the lowest interest rate personal loans in Singapore and select the one that comes with the best terms. In addition, the lowest interest rate personal loan in Singapore will be easier to find if the information that you submit in your application to borrow money is as accurate as possible.

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How do I get the lowest interest rate?

Anyone who wants to borrow money instantly and applies or considers applying for a personal loan in Singapore often weighs in on the interest rate factor and the duration of the repayment. Unlike credit card interest rates, personal loan interest is normally fixed for each year of the loan tenure. The longer your chosen payment duration, the lower the monthly cost.

Apply to instantly borrow money online with Lendela – we will help to compare various loan offers as we are getting you in contact with multiple banks and financial institutions in Singapore. You simply submit your application on our website and we’ll complete the rest of the process for you. Borrowing money in Singapore has never been easier, thanks to Lendela!

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