Personal Loan
Personal loan
– With an online loan application form, you can have the money you really need. You don’t have to jump through various credit checks and references which can delay you getting the money. This could be the perfect way for you to get a personal loan from Singapore to use any way that you like.
Singapore Citizen or Permanent Resident
- Between 21 and 65 years of age
- Minimum annual gross income of S$20,000 and above
- Contract workers or individuals employed less than 6 months in current job will require a guarantor
Self-Employed
- Singapore Citizen or Permanent Resident
- Between 21 and 65 years of age
- Minimum annual gross income of S$20,000 and above
- At least 2 years in current business
- Those whose business established less than 2 years will need a guarantor
Guarantor
- Singapore Citizen or Permanent Resident
- Between 21 and 65 years of age
- Minimum annual gross income of S$20,000 and above
- Been working for at least 1 year with at least 6 months with current company, contract or temporary staff are not eligible to apply.
- Self- Employed: At least 2 years in current business.
1. Gather these original documents:
- NRIC / Identity Card / Passport
- Proof of employment : Latest computerized monthly payslip, income tax statement
and 15 months CPF contribution statement (For salaried)
Past 2 years Income Tax Statements (For self-employed)- Proof of Residence : Latest hand phone bill or Singapore Power services bill
- Latest bank statement/bank account book
- Remember your Singpass Password as you may be requested to keyed in at our office to show us your income for the past twelve months. None of our staffs will take or keep your password.
2. Meet with our Customer Service officers at our Offices.
3. The money will be transferred directly into your bank account within 1 hour of approval.
Life has its way of throwing unexpected situations at and unfortunately, most of them cost money, often more than what we have. If used with responsibility, a personal loan may often be the solution for such short term borrowing needs.
A personal loan is an easy-to-apply, easy-to-obtain loan for a wide range of individuals, including Singaporean, Permanent resident and foreigners working in Singapore.
Most importantly, a personal loan can be used for any purpose, including debt consolidation. In most cases, the collateral commitment is often not that large and at times is not even required, especially with unsecured loans.
