Am I eligible for a cash loan? The following criteria must be met:
- Singapore Citizen or PR
- Foreigners: Passport & Valid Work Permit
- 21 years old or older, and is not an undischarged bankrupt, nor facing any bankruptcy proceeding
- With Full-time Job or Self-employed with Notice of Assessment (NOA)
How much can I borrow?
For unsecured loans, you can obtain:
- Up to $3,000, if your annual income is less than $20,000;
- Up to 2 months’ income, if your annual income is $20,000 or more but less than $30,000;
- Up to 4 months’ income, if your annual income is $30,000 or more but less than $120,000; and
- Any amount, if your annual income is $120,000 or more.
For secured loans, you can obtain a loan of any amount.
What documents do I need to submit?
Singapore citizen 21 years old and above
- NRIC
- Proof of income
- Proof of residence
Foreigner
- Valid work/employment permit
- Tenancy agreement
- Proof of residence