Interest-free monthly instalments (PayLite)
Get your big purchases with little payments
Ease the burden of big purchases. Split your payments over interest-free monthly instalments of up to 12 months.
BENEFITS
Low one-time processing fee
Affordable processing fee from as low as 3% of your transaction amount.
Available for any merchant
Stretch any of your local, overseas or online purchases over $100 into interest-free monthly instalments.
Rates and tenures
- Repayment period (6 months)
- Repayment period (12 months)
| Repayment period (months) | 3 | 6 | 12 |
| One-time processing fee |
3% $72 |
3% $72 |
5% $120 |
| 1st month instalment | $800 | $400 | $200 |
| Subsequent monthly instalments | $800 | $400 | $200 |
| Effective interest rate per annum | 18.18% | 10.43% | 9.50% |
| Repayment period (months) |
| One-time processing fee |
| 1st month instalment |
| Subsequent monthly instalments |
| Effective interest rate per annum |
before you apply
Eligibility requirements
Prerequisite
OCBC Credit Cardmembers (excluding OCBC Cashflo Credit Card/OCBC NXT Card, OCBC GE Cashflo Credit Card and Debt Consolidation Card)
Minimum amount spent
$100 in a single retail transaction
Terms and conditions
ways to apply
Apply for PayLite today
or contact us at 1800 363 3333.
or
No access to OCBC Internet Banking
Do not have OCBC Internet Banking access? Call our 24-hour hotline at +65 6363 3333 to apply.