Renovation Loan

Make a House a Home for your loved ones. TCC Credit Co-operative provides flexible and affordable renovation loan for all members with low requirements.

Maximum Loan Amount:
Maximum loan amount: Up to 6 times of your monthly income or joint income (if it is a joint application), capped at $30,000*.

Repayment Period:
1 to 5 years

Interest Rate:
4.00% p.a. flat rate basis

Eligibility Criteria

Main and Joint Applicant:

  • Singapore Citizen or Singapore Permanent Resident
  • Age between 21 and 60 years old
  • Must be a TCC Ltd’s member, membership is FREE
  • Earning a minimum monthly basic salary of $1,200
  • Should not be existing surety for any other loans from TCC
  • Main/ joint applicant must be one of the property owners

Surety/ Sureties:

  • Singapore Citizen
  • Age between 21 and 55 years old
  • Must be a TCC Ltd’s member, membership is FREE
  • Earning a minimum monthly basic salary of $2,000
  • Should not be an existing surety for any other loans from TCC
  • *Inspection of premises must be conducted before renovation work is commenced.