• Interest Rate (p.a.)

    4.98% - 5.68%

  • Loan Tenure

    1 - 5 years

  • Approval Duration

    Get cash the very next working day (T&Cs apply)

  • Min. monthly income

    S$2,500

Promo

Enjoy exclusive rates from 4.98% p.a. (EIR from 9.29% p.a.) with CashOne Personal Loan

You can also enjoy S$199 cashback to offset the annual fee. T&Cs apply.

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 Standard Chartered CashOne?
  • Enjoy promotional interest rate from 4.98% p.a. (EIR from 9.29% p.a.) for applicants for loan amounts more than S$50,000
  • Approved loan amount of up to 4x your monthly income, subjected to a max loan amount of S$250,000
  • Receive a Platinum Visa credit card for those with an annual income of S$30,000 and above
  • Enjoy S$199 cashback to offset annual fee
  • Get cash the very next working day (T&Cs apply)

Product Features

Min. financing amountS$1,000
Max.financing amount up to 4x your monthly income, subjected to a max. loan amount of S$250,000
Min. loan tenure1 year
Max. loan tenure5 years
Interest rate4.98% - 5.68% p.a. (EIR from 9.29% p.a.)
Approval durationGet cash the very next working day (T&Cs apply)
Debt consolidationYes

Fees & Charges

One time set up
Processing feeN/A
Stamp dutyN/A
Annual feeS$199 for first year (deducted from approved loan amount)
Penalties
Early settlementThe higher of S$250 or 3% of the outstanding principal
Late payment chargesS$80
Other penaltiesCharges of S$50 per change of tenure. Additional 4% p.a. will be added on top of the original EIR if payment is not received by payment due date twice within 6 consecutive months.

Eligibility

Age requirementAge 21 - 65
Employment eligibilitySingaporean citizens, permanent residents or foreigners with employment pass
Min. salary requirementS$2,500 gross per month
Guarantor / Collateral requirementN/A

Other Requirements

Need to open linked banked account?No

Product Review byiMoney

Standard Chartered CashOne - Limited time offers

Sign-up Promotions

  • Exclusive promotional interest rate from 4.98% p.a. (EIR from 9.29% p.a.) for loan amount more than S$50,000
  • Approved loan amount of up to 4x your monthly income, subjected to a max loan amount of S$250,000
  • Receive a Platinum Visa credit card for those with an annual income of S$30,000 and above
  • Get cash the very next working day (#Next Day Cash Terms & Conditions)
  • Enjoy S$199 cashback to offset annual fee

FAQs

What is the maximum amount you can borrow?

You can borrow up to the higher of four times of your fixed monthly gross salary or S$ 250,000

The catch?

Applicant must be between the age of 21 to 65 to qualify

Applicant must be a Singaporean citizen or Permanent Resident with minimum annual income of S$30,000 or foreigners with Employment Pass earning a minimum of S$60,000 annually

What will it cost you and how will you be charged?

Annual fee: S$199 for the first year, and S$50 thereafter if any payment is received after due date

Flexible loan tenure: You can choose to repay your loan in 12, 24, 36, 48 or 60 months

Default interest rate: Additional 4% p.a. will be added to the original effective interest rate

Late payment: S$80

Early redemption fee: The higher of S$250 or 3% of the outstanding principal

What are the required documents?

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

- Copy of NRIC/Passport/Employment Pass (front and back)

• For salaried (any one of below):

1. Latest month's computerised payslip + Latest Income Tax Notice of Assessment

2. Latest 6 months' CPF contribution history statement + Latest Income Tax Notice of Assessment

3. Latest 6 months's CPF contribution history statement

4. Latest months's computerised payslip

• For self-employed:

1. Copy of latest Income Tax Notice of Assessment*

* Must be a running-business for at least 2 years

• For commission earner (any one from below):

1. Latest 3-months' payslip + Latest income tax notice of assessment

2. Latest 6-months' CPF contribution history statement

3. Latest 3-months' payslip

4. Copy of latest Income Tax Notice of Assessment (for 100% commission earner)

• Any other documents as may be requested by the Bank at its sole discretion

Additional documents required for foreigners:

- Copy of passport with valid Employment Pass (Type P1, P2 or Q Type*)

* Q Pass holder must possess a minimum 1-year validity

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:

Citibank Ready Credit PayLite Loan
  • The personal loan rate for Citibank Ready Credit PayLite starts from 4.83% p.a. It has a maximum tenure of 5 years. To apply for this personal loan, applicant’s minimum monthly income required should be S$2,500. Citibank allow applicants to enjoy this personal loan with an option of 15-days loan return option and a fast loan approval within 1 hour.

  • DBS Cashline Instalment Loan
  • With a minimum monthly income requirement of just S$1,667, DBS Cashline Instalment loan is one of the most attractive option for applicants to get extra cash for anything and anytime. With a starting interest rate of 15.59% per annum, applicants can enjoy the loan amount of up to 4X of monthly income.

  • Looking for more choices? You can also take a look at the full line-up of Personal Loans listed on our website and choose which is the right one for you.