Retirement - SRS - Help Centre

OCBC Group | Home | Login | SiteMap | Contact Us

Personal

Small and Medium Businesses

Corporate & Institutional

Help Centre

You're in : Home » Help Centre » FAQ » Investments » Retirement - SRS

Retirement - SRS

SRS

What can I invest with my SRS contributions?
How to get started?

Answers

1:	What can I invest with my SRS contributions?

Ans: A wide range of financial instruments are available for your investments. These include stocks, unit trusts, fixed deposits, annuities, fund management accounts and life insurance policies (single premium and recurrent single premium products only). However, direct property investments, life insurance policies greater than 3 times the single premium, critical illness, health and long-term care products are not allowed.

Click to find out more about OCBC’s fixed deposits, insurance and unit trusts eligible for investment under the SRS scheme.

2:	How to get started?

Ans:
Step 1

Click here to open an SRS Account online OR
Visit any OCBC Branch with your NRIC (for Singaporeans / Singapore PRs) or Passport & FIN (for Foreigners) to open an SRS Account

Step 2

Make a contribution to your SRS Account. The maximum amount you can contribute to your account is as follows:

Singaporeans / Singapore PRs - $11,475 per annum

Foreigners - $26,775 per annum (if you sign the Declaration Form declaring your foreigner status)

For account transfer to OCBC Bank

Click download & complete the form
Visit any OCBC Branch with the Account Transfer Form to open an SRS Account and make a contribution.