Cash-on-Instalments

Get cash from your unused credit limit

Why you will love this

Turn your unused credit limit into cash, without the need for additional income documents

Repay with fixed instalments over 12 to 60 months

Interest rates from as low as 4.70% per annum (EIR 9.06% per annum)

Who can apply

Singaporean or Singapore PR above 21 years old with an annual income of at least S$20,000

Foreigner above 21 years old with an annual income of at least S$45,000

Enjoy long-term cash flow certainty with fixed repayments of up to 60 months.

benefits

Low Interest rates

Enjoy interest rates from as low as 4.70% per annum (EIR 9.06% per annum) on our 60-month instalment plan.

Enjoy interest rates from as low as 4.70% per annum (EIR 9.06% per annum) on our 60-month instalment plan.

Fixed monthly repayments

The monthly repayment for your Cash-on-Instalments is fixed, allowing you to manage your finances with ease of mind.

The monthly repayment for your Cash-on-Instalments is fixed, allowing you to manage your finances with ease of mind.

interest rates

Assuming a loan of S$10,000

  • Interest rate (per annum)
  • Processing Fee
  • Effective Interest Rate
    (EIR %)
  • Monthly instalment
Repayment period 12 months 24 months 36 months 48 months 60 months
Interest rate (per annum) 4.70%
Processing Fee 1% of the approved loan amount
Effective Interest Rate (EIR %) 10.45% 9.77% 9.46% 9.24% 9.06%
Effective Interest Rate (EIR S$) S$872.50 S$455.84 S$316.95 S$247.50 S$205.84
Repayment period
Interest rate (per annum)
Processing Fee
Effective Interest Rate
(EIR %)
Monthly instalment

Note: Effective Interest Rate (EIR) includes the interest rate (per annum) and processing fee.

Loan calculator

Find out your monthly repayment

Calculate your monthly repayment

Here is how much you need to pay

Your monthly payment

S$ 5.50

Processing fee

S$ 0.63

Interest rate per annum

4.7%

Effective Interest Rate (EIR) per annum

10.45%

promotion

Cash-on-Instalments promotion

Receive up to S$480 cashback when you apply for Cash-on-Instalments online!

Valid till 31 October 2020.
Terms and conditions apply.

before you apply

Eligibility requirements

Minimum age

21 years old

Annual income

S$20,000 and above for Singaporeans and Singapore PRs

S$45,000 and above for foreigners

Product holding

Existing OCBC Credit Card or OCBC EasiCredit account holder



WAYS TO APPLY

Apply for Cash-on-Instalments today

An EasiCredit account or OCBC Credit Card is required to apply for Cash-on-Instalments.

With access to OCBC Internet Banking

Apply through Internet Banking for a seamless application.

or

No access to OCBC Internet Banking

Do not have access to your OCBC Internet Banking account? Fill up an online application form.

Application for EasiCredit account

1
Apply for an EasiCredit account and enjoy instant approval. Plus, enjoy a S$60 cash rebate upon approval of your first EasiCredit account when you apply by 31 December 2020.
2
Once your EasiCredit account is approved, return to this page to apply for Cash-on-Instalments.