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Get instant^ cash and up to S$1,088 cashback* upon loan approval with CashOne & enjoy S$160  Anniversary Cashback**

instant cash

Get instant^ cash and up to S$1,088 cashback* upon loan approval with CashOne & enjoy S$160  Anniversary Cashback**

Realise your plans faster with CashOne

A personal loan that allows you to borrow up to 4x your monthly income. Apply Now and get cash instantly.^

Get up to S$1,088 cashback* on your approved loan.

APPROVED LOAN AMOUNT
CASHBACK AMOUNT            
CASHBACK CAP               
Less than S$50,000 0.4% of loan amount Capped at S$1,088
S$50,000 or more 0.8% of loan amount
Apply now for more perks

Also, as Standard Chartered celebrates our 160th Anniversary in Singapore, enjoy S$160 Anniversary Cashback** on your approved eligible loan if you submit your application successfully from now till 30 September 2019.
In addition, you will be awarded with a $199 credit to offset the first-year annual fee charged on your approved loan.

Anniversary Cashback Promotion Terms and Conditions and CashOne Cashback Promotion Terms and Conditions apply.

Approved Loan

AmOUNT

S$199 CREDIT
I.E. CREDIT AWARDED FOR 1
ST YEAR ANNUAL FEES
 CASHBACK ON APPROVED LOAN AMOUNT

(SUBJECT TO A CAP OF S$1,088)

Anniversary CASHBACK
TOTAL OF S$199 CREDIT + CASHBACK + Anniversary CASHBACK
S$15,000 S$199 (0.4% of 15,000) = S$60 S$160 S$419
S$30,000 S$199 (0.4% of 30,000) = S$120 S$160 S$479
S$50,000 S$199 (0.8% of 50,000) = S$400 S$160 S$759
S$72,000 S$199 (0.8% of 72,000) = S$576 S$160 S$935
S$150,000 S$199 (0.8% of 150,000) = S$1,088 (due to the cap on Cashback) S$160 S$1,447
For annual income of $30,000 and above

For illustration, EIR is calculated taking into consideration the first year annual fee of $199; and
¹ is based on average loan amount of $20,000
² is based on average loan amount of $10,000

Loan Tenure
Approved Loan Amount ($)
$15,000 and Above
$14,999 and below
AR (% p.a.)
EIR(% p.a.)
AR (% p.a.)
EIR(% p.a.)
1-year 7.80% 16.01% 8.58% 19.34%
2-year 7.80% 15.35% 8.58% 17.76%
3-year 7.50% 14.39% 8.38% 16.63%
4-year 7.50% 14.06% 8.38% 16.08%
5-year 6.88% 12.75% 8.08% 15.16%
For annual income of $20,000 to $29,999

For illustration, EIR is calculated taking into consideration the first year annual fee of $199;
and  is based on average loan amount of $4,000

Loan Tenure
Approved Loan Amount ($) Below $5,000
AR (% p.a.)
EIR (% p.a.)
1-year 9.80% p.a. 27.56%
2-year 9.80% p.a. 23.14%
3-year 10.80% p.a. 22.99%
4-year 10.80% p.a. 21.80%
5-year 10.80% p.a. 20.92%

Depending on your loan quantum and tenure, you can get interest rates from as low as 6.88% p.a. (Effective interest rate of 12.75% p.a.).

AR: Applied / flat interest rate (from 6.88% to 10.80% p.a.)

EIR: Effective interest rate (from 12.75% to 27.56% p.a.)

Other Fees and Charges

Please refer to our CashOne personal loan Product Terms, Customer Terms, Credit Cards Terms, Personal Loan/Personal Line of Credit/Overdraft Terms, Current/Savings Account and Time Deposit Terms for the complete features, Terms and Conditions of CashOne personal loan.

Fee
Charge
Annual Fee First year:
$199 (deducted from the loan approved)
Second year till expiry of instalment tenure:
$50 annual fee waived if all payment is received by payment due date for the past 12 months
Early redemption fee $250 or 3% of the outstanding principal, whichever is higher. With effect from 15 January 2019 (inclusive of this date),
$150 or 3% of the outstanding principal, whichever is higher.
Change of tenure $50 per change, subject to the Bank’s approval
Default interest (payment is not received by payment due date twice within 6 consecutive months) 4% p.a. will be added to the original EIR on your entire outstanding balance. The loan tenure will be extended so that your monthly instalment stays the same. This revised EIR will be reinstated to the original EIR when full payment is made by payment due date for six consecutive months.
Late payment $80 will be charged if minimum payment is not received by the due date. If the instalment amount payment is not received on or before the due date in full and a balance is carried forward from the relevant statement, finance charges will be calculated on a daily basis at the EIR of 26.9% per annum (0.074% per day).
Annual Fee for Standard Chartered Platinum Visa Credit Card $192.60 (including GST) –waived for 5 years
Please click here for more information on the Platinum Visa Credit Card, including the applicable fees and charges (such as the finance charges and late payment fee)

Eligibility & Documents

Eligibility

  • You must be aged between 21 and 65 with a minimum annual income of:
    • $20,000 for Singapore citizens and permanent residents
    • $60,000 for foreigners with an Employment Pass
  • Employment Pass holders:
    • Foreigners must be holders of P1, P2 or Q type Singapore Employment Passes
    • Q Pass holders must have minimum 1-year validity remaining on their passes

Documents Required

  • You will need:
    • Copy of NRIC/Passport/Employment Pass (front and back)
  • For salaried (any one from below)
    • Latest month’s computerised payslip + Latest income tax notice of assessment
    • Latest 6 month’s CPF contribution history statement+ Latest income tax notice of assessment
    • Latest 6 month’s CPF contribution history statement
    • Latest month’s computerised payslip
  • For self-employed
    • Copy of latest income tax notice of assessment (must be in business for a minimum of 2 years)
  • For commission earner (any one from below)
    • Latest 3 months payslip + Latest income tax notice of assessment
    • Latest 6 months CPF contribution history statement
    • Latest 3 months payslip
    • Copy of latest income tax notice of assessment ( For 100% commission earner)

    Refer to application form for details

FAQs

Terms and conditions

Important Information

If you are an existing Standard Chartered Credit Cardholder, you will be applying for a Credit Card Instalment Loan which will drawdown from your existing Credit Card limit.

If you are an existing Standard Chartered Personal Credit customer, your line of credit may be converted to a CashOne personal loan.

If you hold any of our Credit Cards with a credit limit of $500 and your annual income ranges from $20,000 to $29,999, your Credit Card account will be closed upon approval of the CashOne personal loan.

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