Loans

EasiCredit

Modes of payment and cut-off times

  1. Cheque payment
    Cut-off time of 3.30pm from Monday to Friday for next working day clearing.

  2. AXS machines
    Payment via AXS terminals after 5pm or on a Sunday or public holiday will be credited on the next working day.

  3. Cash deposit machines
    Cut-off time of 9pm from Monday to Saturday. Deposits on a Sunday or public holiday will be considered Monday’s deposit.

  4. Payment at branches

  5. Funds transfer
    Online fund transfers to other banks generally take 2 - 3 business days to clear whereas it is immediate if the transfers are between OCBC accounts.

 

Payment due date

The due date for EasiCredit payment is on the 28th day of every month. If the 28th falls on a weekend or public holiday, the due date will then be 1 business day before the 28th.

Current due dateNew due date
28th falls on a Saturday 27th of the month
(assuming it is a business day)
28th falls on a Sunday 26th of the month
(assuming it is a business day)
28th falls on a Monday and is a public holiday 25th of the month
(assuming it is a business day)