Car Loan

Fast-forward your car loan approval to 60 seconds

Why you will love this

Borrow up to 70% of the purchase price or our valuation of the car, whichever is lower.

Submit confidential information securely and speed up your loan application using MyInfo.

Eligibility

You must be at least 21 years old

For Singaporeans, Permanent Residents and Foreigners

For applicants who purchase new cars from car distributors or parallel importers, or used cars from car dealers or direct owners

Get on the fast track with OCBC Car Loan. Enjoy higher margins of finance with paperless application and fast approval via MyInfo.

I'm looking to finance

I'm looking to finance

Before you apply

Eligibility

Minimum Age

21 years old

Nationality

Singaporeans, Permanent Residents and Foreigners

Fees

Late fee

S$80

Full settlement penalty

1% on outstanding loan amount

Interest rebate clawback

20% on interest rebate (rule 78 computation)


Additional Information

Online loan approval and usage are only applicable for applications via MyInfo. Please note delays or non-approvals of applications may occur for various reasons.


How to apply

Start an OCBC Car Loan Application.


Speak to your car dealer today.