OCBC EasiCredit

Get standby cash whenever and
wherever you need it


  • 21 years old and above
  • For Singaporeans / Singapore PR: Annual Income of S$20,000 and above
  • For Foreigner: Annual income of S$45,000 and above

Apply now

What is EasiCredit

EasiCredit is a standby line of credit that gives you the flexibility of choosing how long and how much you would like to repay on your outstanding balance.


Borrow up to 6x monthly salary
Get a maximum credit limit of up to 6x your monthly salary.

Easy ways to manage your account
Access your funds via ATM, cheque or Online and Mobile Banking.

Pay interest only on what you use
Pay minimum interest on your outstanding amount only at the end of each month (Interest is accrued on daily basis).

Affordable minimum monthly repayments
Minimum repayments of as low as 3% or S$50 a month, whichever is higher.

Interest Rates

Annual income
S$20,000 - S$29,999 S$30,000 or more
Monthly Credit Limit 2x monthly salary 4x monthly salary
(Annual income of S$30,000 – S$119,999
6x monthly salary (Annual Income of more than S$120,000)
Effective interest rate (EIR)* 29.8% p.a. 19.98% p.a.
Monthly minimum repayment ** 5% of outstanding amount OR S$50 (whichever is higher) 3% of outstanding amount OR S$50
(whichever is higher)

*Effective interest rate is the rate that takes into consideration the interest rate and all fees related to the loans package - processing fee and administrative fee.
Please note that if the minimum payment to your EasiCredit account is not made on time, the prevailing interest rate applicable to your outstanding amount(s) may be increased to up to 36% p.a.

**The monthly minimum repayment amount shall include the Excess Sum and any overdue payments in respect of the Account.
The monthly minimum repayment amount is not applicable to Cash-on-Instalments.

Fees and Charges

Annual Fee S$80 (waived for the first year if annual income is S$30,000 and above)
Minimum interest charge S$5
Returned cheque fee S$40 per cheque
Stop cheque S$30 per cheque reported via Branch/ Customer Service
S$15 per cheque reported via Phone Banking/ Online Banking
Late payment fee If annual income is S$30,000 and above: S$85 – S$125^
If annual income is less than S$30,000: S$80
Over the counter payment/deposit S$25 per transaction
With effect from 16 March 2015
Excess fee S$50 (If the Account is in excess of the Approved Limit)

^Subject to 25% of amount due with minimum charge of S$85 and maximum charge of S$125

3 ways to apply

OCBC Bank - Call Us

<Online> space <Name> space <NRIC>
to 72222
OCBC Bank - Branch
Visit our branches
with your supporting

Online Application

  • You will be required to submit your income information via CPF login, so please make sure you have your SingPass username and password ready.
  • Please ensure you have a printer with you as you will need to print and send the completed forms to us.

Supporting Documents