Trucking Insurance Knowledge

Risk Solutions for Carriers

Get a cash that is affordable immediately

Get a cash that is affordable immediately

Get fully up to 6 times your income that is monthly fixed repayments over 12 to 60 months

Effortlessly see outstanding re re re re payments via online banking

Instant approval and disbursement once you use via MyInfo

Singaporean or Singapore PR above 21 years of age having an income that is annual of least S$20,000

Foreigner above 21 years old with a yearly earnings of at least S$45,000

Wake up to 6 times* your monthly income, with fixed repayments over 12 to 60 months.

*if your income that is annual is120,000 and above

Borrow as much as 6 times your month-to-month earnings

Get a lump sum payment as much as 6 times your income that is monthly in.

Convenient payment options

Make repayments Online that is easily using or Banking via funds transfer, through cheque deposit, or with money deposit device.

For yearly earnings

Approved loan amount

S$200 or 2% associated with the loan that is approved, whichever is greater

  • Interest rate
    (month-to-month rest price)В№
  • Interest rate
    (flat rate)В№
  • Effective
    Interest speed (EIR)ВІ
  • Month-to-month instalmentВі
Repayment duration Interest rate
(month-to-month remainder price)В№
Interest rate
(flat rate)В№
Effective
Interest Rate (EIR)ВІ
Monthly instalmentВі
12 months 10.08% per year 5.54% per year 13.92% per annum S$880
a couple of years 5.42% per year 12.11% per annum S$462
three years 5.43% per year 11.47% per annum S$323
48 months 5.48% per year 11.15% per annum S$254
60 months 5.54% per year 10.96% per year S$213

В№ Interest on loan quantity is determined predicated on a month-to-month sleep technique. Comparable flat rate of interest is determined according to a front-end add-on calculation technique and it is for guide purposes just.

ВІ Effective Interest price is comprehensive of the processing fee that is one-time.

Ві Instalment quantities are determined predicated on a fixed instalment that is monthly choice and are also simplified for example purposes.

Approved loan amount

  • Interest rate
    (month-to-month rest price)В№
  • Interest rate
    (flat rate)В№
  • Effective
    Interest speed (EIR)ВІ
  • Month-to-month instalmentВі
Repayment duration Interest rate
(month-to-month remainder price)В№
Interest rate
(flat rate)В№
Effective
Interest Rate (EIR)ВІ
Monthly instalmentВі
12 months 22% per year 12.31% per year 26.39% per annum S$422
two years 12.25% per year 24.37% per annum S$234
three years 12.50% per year 23.67% per annum S$172
48 months 12.81% per year 23.31% per annum S$142
60 months 13.14% per year 23.10% per year S$124

В№ Interest on loan quantity is determined centered on a month-to-month remainder technique. Comparable flat rate of interest is determined centered on a front-end add-on calculation technique and it is for guide purposes just.

ВІ Effective Interest price is comprehensive of a processing fee that is one-time.

Ві Instalment quantities are determined centered on a hard and fast month-to-month instalment repayment choice and are also simplified for example purposes.

Learn your month-to-month payment

Determine your month-to-month payment

This is how much you will need to spend

Your payment per month

Rate of interest per year

Effective Interest speed (EIR) per year

Eligibility demands

S$20,000 and above for Singaporeans and Singapore PRs

S$45,000 and above for foreigners

NRIC for Singaporeans and Singapore PRs

Passport and a pass that is valide.g. Employment Pass or Work student or permit Pass) for foreigners

Include any among the following documents that programs your domestic address

  • Latest computerised/electronic payslip (salaried workers)
  • Half-yearly CPF statement (12 months for self-employed and commission-based earners)
  • Latest tax declaration (24 months for self-employed and commission-based earners)

Early repayment fee that is partial/full

3% of add payday loans Virginia up to be repaid
(S$1,000 repayment that is minimum

1 thirty days fascination with lieu will soon be charged if redemption is performed straight away

3% of outstanding loan quantity

Conditions and terms

Crucial notices

Remember that due to rounding, the last instalment quantity would be somewhat distinct from one other instalments.

Credit Bureau Singapore
Please remember that more hours the job as Credit Bureau Singapore are going to be data that are synchronising 12am to 8am daily.

MyInfo
MyInfo would be temporarily unavailable from 2am to 8.30am every Wednesday and Sunday as a result of maintenance that is scheduled.

System Maintenance
Please keep in mind that your item may never be availed for your requirements immediately during system upkeep hours between 9.30pm to 6am.

On Line Application

  • You’re going to be needed to submit your earnings information via CPF login, therefore please make certain you get SingPass username and password prepared.
  • Please make certain you have printer you will need to print and send the completed forms to us with you as.
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