If you’re an OCBC client and you also need that loan, enquire about their (appropriately called) ExtraCash Loan

If you’re an OCBC client and you also need that loan, enquire about their (appropriately called) ExtraCash Loan

OCBC ExtraCash Loan

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

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

You can select loan tenures from 1 to five years, but do observe that the EIR the following is somewhat greater, beginning with 10.96percent per year. This might be most most likely because of the addition of the processing cost — $200 or 2% associated with loan quantity, whichever is higher should your income that is annual is least $30,000. The processing cost is $100 when your income that is annual is than that.


  • Singaporean or resident that is permanent
  • At the very least 21 yrs old
  • Minimal income that is annual of30,000 for Singaporean or PR
  • Minimal income that is annual of45,000 for foreigners

HSBC Personal Bank Loan

Many signature loans in Singapore allow you as much as a optimum of 5 years to settle your loan, which may be considered a challenge if you wish to borrow an amount that is large.

Expanding 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 has you covered in this respect, with a loan that is maximum of 7 years (for salaried employees just), which means possibly the cheapest month-to-month payments yet.

While this are appealing to the cash-strapped, be aware that 7 years is a fairly long-term commitment. Nevertheless, if you’re willing, this loan is perfect for you. Needless to say, you can choose to pay your loan straight back early (but you’ll incur a tiny charge for performing this at 3% associated with remaining quantity), or perhaps you could decide for a shorter tenure to start with.

The HSBC unsecured loan enables you to borrow up to 8x your month-to-month income, and EIR is really as low as 7%. You can even elect to redraw on your own existing loan without any current fee.

In the event that you apply online, you’ll get instant in-principle approval. Funds disbursement usually takes a couple of days as you’ll need certainly to watch for last approval for the application.


  • Singaporean or resident that is permanent
  • At the very least 21 years old
  • Minimal yearly income of $30,000 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 with a minimum of one year

UOB Personal Bank Loan

With the very least level of $1,000, sufficient reason for a maximum loan quantum based on our yearly earnings, the UOB unsecured loan is just a convenient, affordable and versatile individual installment loan.

Enjoy instant approval in the event that you make the job via UOB’s website utilizing MyInfo. You’ll need to be a current uob credit card or CashPlus customer, however. It’s also competitively priced with EIR starting from 7.75per cent per annum, on par with all the other people regarding the list. Loan tenures of between 1 and five years can be found.

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


  • Singaporean or resident that is permanent
  • 21 to 60 yrs. Old
  • Minimal yearly income of $30,000
  • Current UOB bank card or CashPlus customer

By Alevin ChanAn ex-Financial Planner with a interest by what makes individuals tick, Alevin’s objective is always to assist readers realize the therapy of cash. He’s title loans south dakota additionally for a quest that is ongoing optimise joy and satisfaction inside the life.