OCBC Cash-on-Instalments
Convert your unused credit limit into
extra cash with fixed repayments
Eligibility
- 21 years old and above
- For Singaporean / Singapore PR: Annual Income of S$20,000 and above
- For Foreigner: Annual income of S$45,000 and above
- You must be an existing OCBC Credit Card or OCBC EasiCredit Holder
Current Promotion
Receive up to S$320 cashback when you apply for
Cash-on-Instalments online!
Promotion valid till 31 March 2020.
What is Cash-on-Instalments
Cash-on-Instalments allows you to get extra cash by converting your unused credit limit from your OCBC Credit Card or EasiCredit account.
- Fixed monthly instalments of 12 to 60 months
- Funds will be deposited into your designated bank account upon approval
- View rates and repayment periods
Benefits
Interest rates starting from 4.70% p.a. (EIR 9.06% p.a.)
Enjoy extra cash from interest rates as low as EIR 4.70% p.a. (EIR 9.06% p.a.)
Fixed monthly repayments
Manage your finances with ease of mind through fixed repayment amounts with repayment periods ranging from 1 to 5 years.
Rates and Repayment Periods
Assuming a loan of S$10,000
| Repayment Period | 12 months | 24 months | 36 months | 48 months | 60 months |
|---|---|---|---|---|---|
| Interest Rate (p.a.) | 4.70% | ||||
| Fee (one-time) | 1% | ||||
| Effective Interest Rate (EIR) | 10.45% | 9.77% | 9.46% | 9.24% | 9.06% |
| Monthly Instalment | S$872.50 | S$455.84 | S$316.95 | S$247.50 | S$205.84 |
Note: Effective interest rate includes the interest rate (per year) and processing fee.
Loan Calculator
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