• Interest Rate (p.a.)

    4.98% - 10.80%

  • Loan Tenure

    1 - 5 years

  • Approval Duration

    Approval-in-principle within 60 seconds*

  • Min. monthly income

    S$1,667

Loan calculator
Loan amount
S$
Loan tenure
year
Monthly salaryRM0
Interest Rate (p.a.)

0

Monthly Repayment

S$0

Total Interest PayableS$0
Total Amount PayableS$0
What's so great about Dash Advance Personal Loan?
  • Finance up to 4X of your monthly income
  • Interest rates start as low as 4.98% p.a.
  • Flat rate of 5% p.a. for loan amount below S$75,000 with a tenure of 36 months

Product Features

Min. financing amountS$1,000
Max.financing amount S$200,000
Min. loan tenure1 year
Max. loan tenure5 years
Interest rateFixed rate of 4.98% to 10.8% per annum
Approval durationApproval-in-principle within 60 seconds*
Debt consolidationYes

Fees & Charges

One time set up
Processing feeN/A
Annual fee$199 for first year (to be deducted from approved loan amount)
Penalties
Early settlementThe higher of S$250 or 3% of outstanding principal
Late payment chargesS$60
Other penaltiesS$50 for every change in repayment period

Eligibility

Age requirementAge 21 - 65
Employment eligibilitySingapore citizens, permanent residents and foreigners with employment pass
Min. salary requirementS$1,667 gross per month
Guarantor / Collateral requirementN/A

Other Requirements

Need to open linked banked account?No

Product Review byiMoney

Limited time offers

Lowest interest rate in Singapore!

  • 5% p.a. (EIR 9.86% p.a.) for approved loan amount below S$75,000 with a tenure of 36 months
  • OR

    Awesome gifts await!

    • American Tourister DC Superlite II Spinner Luggage (worth S$120) with approved loan amount of S$5,000 and above
    • Canon Selphy CP910 Compact Photo Printer with approved loan amount of S$13,000 to S$29,999
    • Samsung GALAXY Tab 3 (worth S$298) with approved loan amount of S$15,000 and above

    FAQs

    What is the maximum amount you can borrow?

    Get a loan of up to 4x of your monthly salary (subject to a maximum loan amount of $200,000) for applicants who have an annual income of S$30,000 and above; or get a loan of up to 2x of your monthly salary for applicants who have an annual income of S$20,000 and above

    How Do I Qualify For Dash Advance?

    You must be between 21 and 65 years of age with a minimum annual income of:

    $20,000 for Singapore Citizens and Permanent Residents

    $60,000 for foreigners with Employment Pass

    What are the extra charges?

    Charges: First year annual fee of $199 will be deducted from your approved loan amount

    Late Payment Charges: S$60 and S$50 of annual fee will be charged until expiry of instalment tenure

    Tenure Change fee: S$50 for every change in repayment period

    How long will the application take and what documentations are required?

    If your application is successful, we'll mail you a Dash Advance Personal Loan Welcome Kit to your address within 7 days of your loan disbursement. The Dash Advance Welcome Kit will tell you how much has been approved, the Applied Interest Rate ("AIR") and Effective Interest Rate ("EIR") and also Important Information you need to know.

    You are required to furnish the following documents for your loan application:

      Employee of non-Multinational Company:
  • Take a photo of your NRIC (front and back) OR Passport (for Singapore Permanent Residents)
  • Copies of your income documents (*photographs and scanned copies are accepted)
    • Applicants who are salaried employees:
  • Copy of latest month's computerised payslip from current employer or
  • Copy of latest month's computerised payslip from current employer and latest Income Tax Notice of Assessment or
  • Copy of last six months' CPF Contribution History Statement
    • Self-employed applicants:
    Copy of latest Income Tax Notice of Assessment (must be in business for a minimum of two years) *Must reflect at least 1 month's income earned from current employer

      Applicants earning commission:
  • Copy of latest three months' computerised payslips or
  • Copy of latest three months' computerised payslips and latest Income Tax Notice of Assessment or
  • Copy of latest six months' CPF Contribution History Statement* or
  • Copy of latest Income Tax Notice of Assessment* (For 100% commission earner)
  • If your residential address in Singapore indicated on the application form differs from the address stated on your NRIC) Any one of the following documents

  • Latest Utility bills (electricity, water, refuse collection), rates or tax bills or
  • Latest Bank or Credit Card statements (including e-statement) or
  • Copy of Rental agreements showing your address or
  • Latest Mobile phone statements / pay TV statement or
  • Letter from Employer stating current address
  • Government issued documents stating address (e.g. IRAS, CPF, ICA)
  • Can you apply if you have a bad credit score in CBS/ FICO/ DP credit bureau?

    Your personal loan application is likely to get rejected if you have a bad credit score. Late payments or missed payments are some of the major are some of the major contributors to a bad credit score. If you currently have an unsatisfactory credit score, take steps to rebuild it by clearing overdue payments. Make full and timely payments on your debts for 6 months before reapplying.


    If you are looking for personal loans offered by other banks in the Singapore, you may also consider:

    HSBC Personal Loan
  • Enjoy HSBC’s Personal Loan with an interest rate from 6.50% up to 9.50% p.a. with maximum loan tenure of 7 years. Applicants are assured with approval duration within an hour and cash up to 8 times of monthly income on the next day.

  • OCBC EasiCredit
  • OCBC EasiCredit allows applicants to choose on the repayment period (maximum 7 years). With an effective interest rate starts from 19.88% up to 29.95% per annum, applicants can take loan up to 6X of monthly salary with an approval duration and loan disbursement of only 3 minutes. To enjoy this personal loan, a minimum of S$1,667 of monthly income is required.

  • You can also take a look at the full line-up of Low Interest Rate Personal Loans in Singapore listed on our website and choose which is the right one for you.