Commemorating its 50th anniversary in 2011, RHB Bank was established in Singapore in 1961 as UMBC, and, through a series of rapid expansion and strategic mergers, became known as RHB Bank Berhad Singapore (RHBS) in 1999. As a fully-licensed bank, RHB’s activities cover the acceptance of savings and fixed deposits from the public as well as the provision of loans and credit facilities to individuals and corporations.
RHB Bank Berhad Singapore now has a network of seven (7) branches around the island and thirteen (13) Bureaus de Change at the Singapore Changi International Airport. RHB’s main office in Singapore is located at the bank’s wholly-owned 17-storey RHB Bank Building located at 90 Cecil Street. RHB Bank Berhad (Singapore) businesses are categorized into five (5) key areas, namely Consumer Banking, Business Banking, Corporate Banking, Treasury and Investment Banking.
RHB Bank Berhad Singapore is the first full bank to be conferred the prestigious Service Class (S-Class) award by SPRING Singapore as well as the first and only bank in Singapore and Malaysia to be awarded the prestigious “Best Customer Experience Management of the Year Award” in banking service by APCSC Hong Kong.
RHB offers a wide range of fixed rate home loans with a 2 year lock-in period tie. Borrowers can make partial prepayment on their loan, of up to 20% of the loan amount at no charge (even during a lock-in period). RHB can also finance properties in the Geylang area, which most other banks do not do.
Who can apply for RHB Home Loan?
- Singaporean citizens and permanent residents.
- Foreigners who are residing and working in Singapore.
Utilise SGDTips’ home loan calculator to estimate your monthly repayments. If you are interested in taking out a RHB home loan, click the apply button and fill in a simple application form and you will be attended by experienced mortgage consultants