- Interest Rate (p.a.)
4.98% - 10.80%
- Loan Tenure
1 - 5 years
- Approval Duration
Approval-in-principle within 60 seconds*
- Min. monthly income
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
|Min. financing amount||S$1,000|
|Max.financing amount|| S$200,000|
|Min. loan tenure||1 year|
|Max. loan tenure||5 years|
|Interest rate||Fixed rate of 4.98% to 10.8% per annum|
|Approval duration||Approval-in-principle within 60 seconds*|
Fees & Charges
|One time set up|
|Annual fee||$199 for first year (to be deducted from approved loan amount)|
|Early settlement||The higher of S$250 or 3% of outstanding principal|
|Late payment charges||S$60|
|Other penalties||S$50 for every change in repayment period|
|Age requirement||Age 21 - 65|
|Employment eligibility||Singapore citizens, permanent residents and foreigners with employment pass|
|Min. salary requirement||S$1,667 gross per month|
|Guarantor / Collateral requirement||N/A|
|Need to open linked banked account?||No|
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Limited time offers
Lowest interest rate in Singapore!
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
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:
- Applicants who are salaried employees:
- Self-employed applicants:
- Applicants earning commission:
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
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
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.