If you’re an OCBC client and you also require financing, enquire about their (appropriately called) ExtraCash Loan

OCBC ExtraCash Loan

That provides you with up to 6x your month-to-month income.

Make sure to take advantage of MyInfo whenever publishing the job for simple and immediate retrieval of one’s individual particulars, as doing this could also be helpful OCBC to offer approval that is instant your loan.

You can easily select loan tenures from 1 to five years, but do keep in mind that the EIR the following is somewhat greater, beginning with 10.96percent per annum. This really is most likely as a result of the addition of the processing charge — $200 or 2% of this loan quantity, whichever is greater when your yearly earnings are at minimum $30,000. The processing cost is $100 in case the income that is annual is than that.


  • Singaporean or Permanent Resident
  • At the least 21 years old
  • Minimal yearly income of $30,000 for Singaporean or PR
  • Minimal yearly income of $45,000 for foreigners

HSBC Unsecured Loan

Many signature loans in Singapore allow you as much as a optimum of five years to settle your loan, which could be described as a challenge if you wish to borrow an amount that is large.

Extending your loan over a longer time will suggest more hours to pay for your loan straight back, which means that reduced installments that are monthly. HSBC offers you covered in this respect, with a loan that is maximum of 7 years (for salaried workers just), which means that possibly the cheapest month-to-month payments yet.

Although this might be appealing to the cash-strapped, be aware that 7 years is just a commitment that is fairly long-term. Nevertheless, if you’re willing, this loan is perfect for you. Needless to say, you can prefer to spend your loan straight straight back early (but you’ll incur a fee that is small doing this at 3% associated with remaining amount), or you might go for a shorter tenure to start with.

The HSBC unsecured loan enables you to borrow up to 8x your salary that is monthly EIR can be as low as 7%. You are able https://speedyloan.net/title-loans-sc to elect to redraw on your own current loan without any fee that is existing.

In the event that you apply online, you’ll get instant approval that is in-principle. Funds disbursement usually takes a day or two as you’ll want to watch for last approval for the application.


  • Singaporean or Permanent Resident
  • At the very least 21 years of age
  • Minimum income that is annual of30,000 for Singaporean or PR ($40,000 for self-employed or commission-based)
  • Minimal income that is annual of40,000 for foreigners with employment pass credibility of at the least one year

UOB Personal Bank Loan

With the absolute minimum number of $1,000, along with a optimum loan quantum based on our yearly earnings, the UOB personal bank loan is just a convenient, affordable and versatile individual installment loan.

Enjoy instant approval in the event that you make your application via UOB’s website making use of MyInfo. You’ll need certainly to be a current uob credit card or CashPlus customer, however. Additionally it is competitively priced with EIR starting from 7.75per cent per annum, on par aided by the other people in the list. Loan tenures of between 1 and five years can be obtained.

From now till 30 June, make an application for this loan and get $200, $600 or $1,200 cashback (amount varies according to simply how much you borrow) whenever you pick a payment term of 3, four or five years.


  • Singaporean or resident that is permanent
  • 21 to 60 years of age
  • Minimal income that is annual of30,000
  • Current UOB bank card or CashPlus customer

By Alevin ChanAn planner that is ex-Financial a fascination in what makes individuals tick, Alevin’s objective is always to assist visitors comprehend the therapy of cash. He’s additionally for a quest that is ongoing optimise pleasure and satisfaction inside the life.