Supplementary Retirement Scheme

Invest with Supplementary Retirement Scheme contributions

A wide range of financial instruments are available for your investments. These include stocks, unit trusts, time 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.

Find out more about eligible products under the SRS scheme:
- Insurance (Single Premium Plans)
- Blue Chip Investment Plan
- Equities (OCBC Securities)
- Unit Trusts
- Time Deposits
- Structured Deposits

Contribute to Supplementary Retirement Scheme (SRS) account

Contributions must be made by 31 December of each year in order to be eligible for tax deduction in the same year.

Contributions can be made through either of the following ways:

Online Banking

1. Login to Online Banking with your access code and PIN   
2. Under "Investment & insurance", select "Retirement portfolio"
3. Select “SRS contribution"

Mobile Banking

1. Login to Mobile Banking with your access code and PIN   
2. Under “More services”, select “Investments"
3. Select “Make a SRS contribution"





Write a cheque payable to yourself and drop it into a Quick Cheque Deposit box at any OCBC branch

Indicate on the back of the cheque:

  • Your name
  • NRIC or FIN number
  • SRS account number
  • Contact number

Cheques received before 3.30pm on a working day, the funds will be credited to SRS account around 4.00pm on the following working day if the cheque is good for payment.


SRS contribution cannot be done via other banks' internet banking.

Standing instruction is currently not available.

Transfer Supplementary Retirement Scheme (SRS) account from other banks to OCBC

Visit an OCBC Bank branch.

Complete and sign the

  • Account Transfer form
  • SRS Account Application form
  • Declaration form

The branch will submit these documents for the processing of the transfer.

Close Supplementary Retirement Scheme (SRS) account

You may approach any of our branches to complete the Account Closure form.