- Borrow up to 6x your monthly salary
- Fixed regular monthly repayments
- Same-day approval at a branch (Mondays to Fridays)
You can choose a loan term from 1 to 5 years with regular payments every month.
|LOAN AMOUNT* / LOAN TENOR||1 YEAR||2 YEARS||3 YEARS||4 YEARS||5 YEARS|
*Instalment amounts are calculated based on a regular instalment payment option with 15% applied interest yearly. Figures simplified for illustration purposes and includes processing fee of S$150 or 1.5% of the approved loan amount, whichever is higher, for the category of Annual Income of S$30,000 and above.
Note: For a loan of S$10,000, the Effective Interest Rate (which comprises the applied interest rate and processing fee) will be 19.45% p.a. (for one year), 17.86% p.a. (for two years), 17.31% p.a. (for three years), 17.03% p.a. (for four years) and 16.87% p.a. (for five years).
- Age 21 and above
- Singaporeans (Annual income more than S$20,000)
- Singapore PRs and Foreigners (Annual income more than S$30,000)
|Annual income||Processing fee||Late fee||Early partial/full repayment fee||Restructuring fee|
|S$20,000 – S$29,999||S$100||S$80||3% of amount to be repaid (S$1,000 minimum repayment)||3% of outstanding loan amount|
|S$30,000 and above||S$150 or 1.5% of the approved loan amount, whichever is higher||S$80||3% of amount to be repaid (S$1,000 minimum repayment)||3% of outstanding loan amount|