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QuickOwnTM Home Loan
Lns_Prl_QuickOwnHomeLoan_b Can you pay off your home loan before your children get their own?
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 OCBC QuickOwn™ Home Loan, a quick and painless way to own your home

A home is one of the most important and expensive investments of our lives. Be it huge or small, it can be an added burden.

That’s why we bring you the OCBC QuickOwnTM Home Loan. It is designed to help you pay off your home loan faster; in a systematic, painless manner. It comes with an endowment plan to help you save. Your regular savings earn you higher returns every year; a sum of money that can be used to pay down your loan.

It’s that simple. What’s more, it offers you protection in the event of death and permanent disability.



 Own your Home Loan in 4 Painless Steps

    
Special Benefits  
Enjoy lower interest rates .
Get exclusive privileges .

    
Simply Save S$12 per day  
Earn up to 12 times# more with MaxSave Plus.
Use annual payout to pay down your home loan.

    
Earlier Repayment & Bigger Savings*  
Repay your home loan more than 5 years* earlier.
Save up to S$79,700* in interest payments.

    
Free Coverage**  
Enjoy free Mortgage Protector (Mortgage Reducing Term Assurance) for the first year .


 Eligibility and Documents Required
Please refer to Private Home Loan.

Disclaimer:-

# Compared with normal savings account that yields up to 0.25% p.a.

* Interest savings illustrated are based on OCBC QuickOwnTM  Home Loan fixed rate package and Competitors’ 3-year fixed rate package. 12-year MaxSave Plus is based on Male Non-Smoker (30 years old). Sum Assured is S$40,000 with projected investment rate of return of 2.88% p.a.

**Subject to eligibility conditions stipulated by OCBC Bank, the first year premium may be borne by the Bank.

The OCBC QuickOwnTM Home Loan includes a regular premium insurance policy underwritten by The Overseas Assurance Corporation Limited (“OAC Insurance”). OAC Insurance is a wholly-owned subsidiary of Great Eastern Holdings Limited, which in turn is a subsidiary of OCBC Bank. OAC Insurance is a composite insurer with solid financial strength and over 80 years of experience. Insurance policies are not bank deposits or obligations of, or guaranteed by OCBC Bank or any of its affiliates or subsidiaries. Buying a life policy is a long-term commitment. An early termination of the policy usually involves high costs and surrender value payable may be less than the total premium paid. This material is for general information only. It is not a contract of insurance. It does not constitute an offer to buy an insurance product or service. It is also not intended to provide any insurance or financial advice. The specific terms and conditions of the plan are set out in the policy documents. A person interested in the OCBC QuickOwnTM  Home Loan should read the product summary and benefit illustration (available from OCBC Bank) before deciding whether to buy this product. You may wish to seek advice from a licensed or an exempt financial adviser before making a commitment to purchase the above product. In the event that you choose not to seek advice from a financial adviser, you should carefully consider whether the product in question is suitable for you in the light of your experience, financial circumstances and investment objectives.

Any information given here is indicative only and is for illustration purposes only. OCBC Bank does not guarantee the accuracy, usefulness or adequacy of the information provided. OCBC shall not be responsible for any losses or damage suffered on account of any decision taken by any person on the basis of the information contained herein. The illustration is not an offer for any credit facilities by OCBC Bank.

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