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OCBC EasiCredit


  • Easy access to cash anytime via ATM or cheque
  • Pay interest only on your outstanding amount at the end of each month
  • Borrow up to 6x your monthly salary
  • Take as long as you need to pay back outstanding amount
  • Apply at Any OCBC branch to get approval and cash in 3 minutes

Apply Directly with Bank

Interest Rates

 Rates If your income is
S$20,000 – S$29,999
If your income is
S$30,000 or more
Effective interest rate
29.8 % EIR p.a.
19.98 % EIR p.a.
Monthly minimum repayment

5% of outstanding amount

or S$50 whichever is higher
3% of outstanding amount
or S$50 whichever is higher


  • Age 21 and above
  • Annual income S$20,000 and above (For customers with annual income less than $30,000, only Singaporeans can apply)
  • Singaporeans, Singapore PRs and foreigners

Maximum amount you can borrow

If you earn more than $1,667 a month 2x monthly salary
If you earn more than $2,500 a month 4x monthly salary
If you earn more than $10,000 a month 6x monthly salary


Annual fee S$80 (waived for the first year if annual income is S$30,000 and above)
Minimum interest charge S$5
Returned cheque S$40 per cheque
Stop cheque via branch / call centre via online / phone banking S$50S$30
Late payment fee If annual income is S$30,000 and above: S$85 – S$125*If annual income is less than S$30,000: S$80
Over the counter payment / deposit S$25 per transaction
With effect from 16 March 2015

*Subject to 25% of amount due with minimum charge of S$85 and maximum charge of S$125.

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