Reno Pro understands that the entire renovation project process can be very stressful. We want to provide you with a better experience and have compiled the Renovation Loan information for you in and easy-to-digest table. Below is the interest rate and more information offered by TCC Credit Co-operative Limited.

TCC’s requirements for minimum annual income is the lowest of all other banks. Applicants need only earn a minimum of SGD1,200 monthly to be eligible for the loan.

To kick start your renovation project, do Request a Quotation from us.

Try our Mortgage and Loan Calculator! Interest computed is based on Monthly Rest and not Flat Rate.

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Company Loan Term Interest Rate
(per annum)
Processing Fee Minimum Annual Income Citizenship Age Requirement Additional
TCC Credit Co-operative Limited
Choice of
1 - 5 Years
Flat Rate
Apply Online to enjoy 10% Discount on Processing Fees SGD14,400 (SGD1,200 monthly) Singaporean & Singapore PR 21 - 60
Years Old
Loan up to SGD30,000



  • A Guarantor is not required for all listed Renovation Loans indicated above
  • EIR = Effective Interest Rate
  • Effective Interest Rate: Reflects the total cost charged for taking the loan
  • Monthly Rest Rate: Interest is charged based on the previous month's outstanding loan
  • Flat Rate: Interest is charged on the original loan amount

Usually, flat rate interest is lower than monthly rest but it does not mean that you pay less interest. What should be considered is the effective interest that you need to pay and the total interest for the renovation loan that you take up.


For precise information based on your unique needs, please contact the relevant banks. Rates are subject to changes and promotions.

Reno Pro's loan calculator is only a guideline. Please confirm with the relevant bank for final figures.

Information is accurate as of 15 Nov 2016.


Questions? We will love to hear from you!


Mobile: +65 8816 7521

No obligations meet up to view your property

We will be happy to arrange a meet up with you to have a look at your property and discuss more if you have more reno plans or require Interior Design services.