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).
Find out how much you’ll need to pay each month for your desired loan amount.
|Annual income||S$20,000 – S$29,999||S$30,000 and above|
|Processing fee||S$100||S$150 or 1.5% of the approved loan amount, whichever is higher|
|Early partial/full repayment fee||3% of amount to be repaid (S$1,000 minimum repayment)|
|Restructuring fee||3% of outstanding loan amount|
Same day approval!
(Monday to Friday, before 4.30pm)
for Singaporeans and
Foreigners need to bring:
For Salaried employees:
For Self-employed, commissioned or variable income earners:
A) Via Phone
Call us directly at 6586 7400 between 9am - 6pm, Monday - Friday.
B) Via SMS
SMS <ECL> <Name>
<NRIC> to 72222
Example: ECL (text space) Joe Lim (text space) A1234567B
We’ll call you back within 3 working days.