SECURED OVERDRAFT

Pledge your collaterals for extra cash

Why you’ll love this

Get standby funds up to the approved credit limit

Access extra cash without withdrawing fixed deposits or selling unit trusts

Interest is charged only on amount used, depending on the collateral pledged

Who can apply

Singaporean, Singapore PR or foreigner above 21 years old with pledged collaterals such as Time Deposits, Structured Deposits and Unit Trusts

Pledge your assets to get extra cash, increasing your investing power to seize market opportunities.

FEATURES AND BENEFITS
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Flexible line of credit

Pledge Time Deposits, Structured Deposits and Unit Trusts.

Pledge Time Deposits, Structured Deposits and Unit Trusts.

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No usage restrictions

As long as outstanding balance is within the available limit.

As long as outstanding balance is within the available limit.

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Choose your application type

Both single and joint applications are allowed.

Both single and joint applications are allowed.

BEFORE YOU APPLY

Eligibility requirements

Minimum age

21 years old

Nationality

Singaporeans, Singapore PRs and foreigners

Minimum credit limit

S$20,000

Maximum credit limit

Up to S$200,000



Ways to Apply

Apply for a secured overdraft today