Limited Time Offer

Get loan amount of

S$
Please enter amount between 1000 and 250000
Increase to S$15,000 to enjoy Cashback
1% cashback
2% cashback
2.5% cashback

Loan period

Increase tenure to enjoy cashback

with monthly repayment of

S$ 362 @ 2.88%p.a.

(EIR 5.68% p.a.) EIR is calculated excluding the first-year annual fee of S$199. Interest rate in your application will be based on your credit profile as determined by us.

You'll get  1% = S$ 400
cashback
Congratulations! You are eligible to get cashback reward and a chance to win 1 million points.

Enjoy instant approval and quick cash with CashOne Personal Loan

financial-strategy-1

Lower interest from

2.88%p.a.

(EIR from 5.43% p.a.) 1

Approve & disburse

Instantly2

Cash to any bank account of choice

growth

SC exclusive

No late penalties

Enjoy the flexibility to repay as low as S$50 monthly without late charges3.

Cashback based on loan amount and tenure of 3 years or more

1%

cashback

S$ 15,000 to S$ 39,999

approved loan can get you

S$ 150 to S$ 399.99

cashback

2%

cashback

S$ 40,000 to S$ 49,999

approved loan can get you

S$ 800 to S$ 999.98

cashback

2.5%

cashback

S$ 50,000 to S$ 250,000

approved loan can get you

S$ 1,250 to S$ 6,250

cashback

Wish to speak to us for more information?

SMS LOAN CASHINFO NAME to 77222 for us to call you.

1 Effective Interest Rate (EIR) calculation is not yet inclusive of the cashback that may be received (up to 2.5% cashback) and the first-year annual fee of S$199. The calculation is based on an average loan amount of S$20,000 and 5-year tenure. Taking into consideration the first-year annual fee of S$199, EIR will be 5.84% p.a. for an average loan amount of S$20,000 and 5-year tenure.

2 The transfer of funds is subject to approval of the application which must satisfy the Bank’s eligibility criteria. Terms and Conditions apply

3 No late penalties are applicable exclusively for clients who pay their full monthly instalment amount consecutively for 6 months. The minimum payment includes the greater of either S$50 or 1% of the approved monthly principal instalment amount and more. Terms and Conditions apply. Refer to FAQ for more details.

What can I use a personal loan for?

Build your ideal life with CashOne personal loan, designed to help you achieve your life goals. Whether you're planning a home improvement, preparing for parenthood, dreaming of a ‘much needed’ vacation out of Singapore, organising a wedding or managing your personal finances. 

Home Renovation

Use a personal loan to upgrade and enhance your living space to create the home you’ve always wanted.

Parenthood

Prepare for the joys and responsibilities of parenthood with a cash buffer.

Dream vacation

Take that well-deserved holiday and turn your dream vacation into reality with extra cash.

Money Management

Be financially empowered in managing your personal finances or any cash needs.

Wedding expenses

Make your special day unforgettable as you cover your wedding cost at the venue of your choice in Singapore with extra funds.

Before you apply for Personal Loan

Application Eligibility

  • Age: 21 years and above
  • Minimum annual income: S$20,000

For Existing Standard Chartered Credit Cardholders

No documents are required.

However, if there has been a recent change in your income, please submit your updated documents for review during the application process.

For New Customers or Existing Customers with Change(s) in Income/Employment

For SingPass holders applying with MyInfo

myinfo-logo

No documents are required

For Salaried Employees/Partial Commission-based Earners
  • Copy of NRIC (front and back)
  • (i) Latest computerised payslip OR
    (ii) Latest 6 months’ CPF Contribution History Statement

    To be considered for a higher loan amount, please submit your latest Income Tax Notice of Assessment (NOA) in addition to the above.

For 100% Commission-based Earners
  • Copy of NRIC (front and back)
  • (i) Latest Income Tax Notice of Assessment (NOA) OR
    (ii) Latest 3 months of Commission Statement from same employer
For Self-employed
  • Copy of NRIC (front and back)
  • Latest Income Tax Notice of Assessment (NOA)

Application Eligibility

  • Age: 21 years and above
  • Minimum annual income: S$60,000
  • Must hold a Singapore Employment Pass

For Existing Standard Chartered Credit Cardholders

No documents are required.

However, if there has been a recent change in your income, please submit your updated documents for review during the application process.

For New Customers or Existing Customers with Change(s) in Income/Employment

For SingPass holders applying with MyInfo

myinfo-logo

No documents are required

Please prepare the following:
  • Copy of Passport (with at least 6 months’ validity)
  • Copy of your Employment Pass
  • Any ONE of the following documents:
    (i) Latest utility bill, rates or tax bill
    (ii) Latest bank / credit card statement (e-Statements are accepted)
    (iii) Rental agreement showing your address
    (iv) Latest mobile phone statement or pay-TV statement
    (v) Letter from employer stating current address
    (vi) Government-issued document stating current address (e.g. IRAS, CPF, ICA)
Additional Documents:
For Salaried Employees/Partial Commission-based Earners
  • Latest computerised payslip

    To be considered for a higher loan amount, please submit your latest Income Tax Notice of Assessment (NOA) in addition to the above.

For 100% Commission-based Earners
  • (i) Latest Income Tax Notice of Assessment (NOA) OR
    (ii) Latest 3 months of Commission Statement from same employer
For Self-employed
  • Latest Income Tax Notice of Assessment (NOA)

Annual fee
First year
S$199

S$199 is deducted from the approved loan amount. Terms and conditions apply.

From second year
S$0

until the expiry of the instalment tenure, S$50 will be charged annually if any minimum payment due amounts are not paid on or before the due dates for the preceding 12 consecutive calendar months

For more details on all other applicable fees and charges, please click here.
Other fees
Early redemption fee
S$150

or 3% of the outstanding principal (whichever is higher)

Change of tenure
S$50

per change, subject to the Bank’s approval

Late Payment Charges
S$100

additional interest will be calculated on a daily basis at the EIR of 29.9% p.a. (0.082% per day)

Default interest
EIR +4%p.a.

if payment for 2 minimum payment due amounts are late within 6 consecutive months, then default interest will apply (see FAQ 13)

No documents required if you are either of the following:

  • SingPass holders applying with Myinfo (regardless Singaporean citizens, Singaporean PRs, or Foreigners)
  • Existing Standard Chartered Principal Credit Cardholders with no change in recent income/ employment

If you fall in either of below categories, please refer to ‘Eligiblity & Documents’ section for documents required

  • Salaried Employees/Partial Commission-based Earners
  • 100% Commission-based Earners
  • Self-employed
  • Existing Standard Chartered Existing Credit Cardholders with change in recent income/ employment

Apply with Myinfo and you could enjoy instant approval, subject to no documentation review or further document requirements. Refer to Eligibility & Documents section for more information. If the Bank requires more information from you, your application may take up to one working day from submission to be assessed.

Receive your funds instantly* upon loan approval if you choose to disburse your approved loan amount to an existing Standard Chartered Current/Cheque & Save Account. This applies to all approved loan amounts.

[*Application has to be done via sc.com/sg/cashone and the CashOne Disbursement Terms and Conditions apply]

Receive your funds in 15 minutes^ upon loan approval if you choose to disburse your approved loan amount to a non-Standard Chartered Current or Savings Account. Do note that if your approved loan amount is more than $200,000 and approved before 2pm, you will receive your funds on the next working day upon approval of your loan. If approved after 2pm, you will receive your funds 2 working days after day of approval.

[^CashOne Disbursement Terms and Conditions apply. If the Bank needs to contact you for additional information/confirmation to complete the application and/or your non-Standard Chartered account of choice is a non-FAST participating bank, cash will be disbursed the next working day instead and will be subject to the Next Day Cash Terms & Conditions.]

For other scenarios, please refer to the CashOne Personal Loan / Credit Card Instalment Loan Disbursement Terms and Conditions.

Standard Chartered’s CashOne Personal Loan has one of the lowest personal loan rates in Singapore. You will be able to see the interest rate and repayment amount within the application journey – Apply now to access it. You can decide thereafter whether to proceed with application submission.

Alternatively, use our personal loan calculator here to estimate your monthly repayment loan amount assuming our lowest interest rate. Actual interest rate is subject to your credit profile as determined by us during your application.

For existing CashOne Personal Loan clients, your repayment amount can be found on your Credit Card and Personal Loan Statement.

CashOne Personal Loan has a flexible repayment loan tenure from 1 to 5 years*. Enjoy our latest cashback promotion offer for loan tenures of 3, 4 or 5 years (refer to CashOne Personal Loan Cashback Online Promotion Terms & Conditions)

Yes, Standard Chartered offers personal loan for foreigners through CashOne Personal Loan. Eligibility criteria for foreigners are listed below:
– Age 21 years and above
– Minimum annual income of S$60,000
– Must hold a Singapore Employment Pass

There will be a flat late payment fee of S$100 for every late month, with potential for additional interest charges, depending on how late the payment is made

For example
You are late on your full monthly payment of S$100 by a total of 7 days. You will have to pay additional interest on the full outstanding balance for those 7 days, calculated on a daily basis at the minimum EIR of 29.9% per annum (0.082% per day), on top of the flat S$100 fee.

We will avail the option of being able to make minimum payment due if you have paid your full monthly instalment amount consecutively for 6 months upon taking up a CashOne/CCIL.

Minimum payment due would be

  • The greater of either S$50 or 1% of the approved monthly principal instalment amount; plus
  • Interest, fees, and charges; plus
  • Overlimit and past due amount(s), if any

Any amount unpaid from monthly instalment will be subjected to prevailing finance charges.

Outstanding balances below S$50 are to be repaid in full.

To be eligible for the CashOne Personal Loan Cashback promotion, you will have to meet the following requirements:

Interest is calculated based on the ‘front-end add-on’ method by multiplying the principal loan amount by the approved applied interest rate for the full tenure of the plan. The interest charged per month is not spread equally throughout the tenure.

While the monthly instalment is constant throughout the loan tenure, the monthly interest and principal is apportioned differently: the interest component is highest in the first month and decreases gradually throughout the loan tenure.

The interest rate shown to you in your online application is based on your credit profile as determined by us.

Hence, the interest rate shown to you in your online application may differ from the illustrative interest rate shown in the calculator above and the interest rate shown to other borrowers.

For your convenience, CashOne Personal Loans are repayable through a range of channels, including:

  • Standard Chartered Bank (Singapore) Limited Online Banking
  • SC Mobile app
  • AXS and ATM machines islandwide
  • All Standard Chartered Bank (Singapore) Limited branches
  • GIRO (for automatic monthly repayments)

Please click here to download the CashOne Personal Loan GIRO application, or call 1800 747 7000.

You may have looked at our rates and noticed that there is a significant difference between the AR and the EIR.

The Applied Rate is used as a reference to calculate the total interest charged on your loan over the full tenure, by assuming that the loan principal is constant throughout the loan tenure.

The Effective Interest Rate reflects the true cost of borrowing and is calculated by taking into account the declining principal balance over the tenure of the loan; hence, it is higher than the flat interest rate. The Interest Repayment component of the monthly instalment is higher in the beginning of the loan tenure than towards the end. Additionally, the EIR shown takes into account the first-year annual fee of S$199.

Yes. For the CashOne Personal Loan applications, you will be charged an initial first-year annual fee of S$199. This amount will be taken from your approved loan amount. (Terms and Conditions Current/Cheque/Savings Account and Time Deposit Terms Personal Loan/Personal Line of Credit/Overdraft Terms).

For example

You borrowed S$10,000. The initial amount that will be credited to your account will be S$9,801. From the second year onwards, until the expiry of the instalment tenure, S$50 will be charged annually if instalments are not paid on time on or before the due dates in full for the preceding 12 consecutive calendar months.

A S$50 charge will be imposed every time you change the tenure, with each change subject to the Bank’s approval.

Yes. If you are an existing principal Standard Chartered Credit Cardholder, by submitting an application for a CashOne Personal Loan, you will actually be applying for a Credit Card Instalment Loan, which will draw down from your existing credit card limit. Your available credit limit on your credit card which can be used for retail transactions will increase as and when you make repayments on the Credit Card Instalment Loan.

For example
You have an existing credit card limit of S$20,000 and have recently spent S$5,000 on it, leaving you with a balance of S$15,000 on your credit card limit. At the same time, you decide you need to take a Credit Card Instalment Loan of S$10,000. This loan amount will be deducted from the remaining S$15,000, giving you a balance of S$5,000 to spend with your credit card.

If you then make a monthly repayment of S$500 on your Credit Card Instalment Loan, you will now have S$5,500 available to spend on retail transactions using your credit card.

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

The approved loan amount is subjected to the Bank’s review and may vary from your requested loan amount. If you are an existing Standard Chartered Credit Cardholder, the approved amount is subjected to a maximum of 98% of your available Standard Chartered Credit Card(s) limit. If you are not an existing Standard Chartered Credit Cardholder, a Platinum Visa Credit Card will be issued to you if your annual income is above S$30,000.

We aim to provide a seamless and convenient process for your loan application. As such, following our review, the approved loan amount will be directly disbursed to your designated account stated in your application.

If you decide to pay off your loan early, bear in mind that there will be an early redemption fee of S$150 or 3% of your outstanding principal, whichever is higher.

For example
You borrowed S$20,000 and after a few years you are left with an outstanding balance of S$6,000. If you choose to pay off this S$6,000 before your loan tenure is up, you will have to pay an additional S$180, which is the higher of S$150 or 3% of the outstanding balance of S$6,000.

This is due to late or missed minimum amount due repayments 2x or more in a consecutive 6-month period of your loan tenure. In such events, an additional interest of 4% p.a. is added to your EIR effective from the next statement date immediately after the second instalment payment due date is missed. To keep your monthly repayment amounts consistent, your loan tenure will be extended in view of the new EIR.

The additional interest of 4% p.a. will be removed from your EIR once the minimum payment due is made by the next statement date for 6 consecutive months.

Refer to FAQ #7 for more information on minimum payment amount.

Online Banking
Step 1: Go to Help & Services
Step 2: Select “Account Management”
Step 3: Choose your reason for closing the loan
Step 4: Select the loan(s) you wish to close
Step 5: If required, update your contact number (optional)
Step 6: Click “Confirm” to submit your request
SC Mobile app
Step 1: Go to Help & Services
Step 2: Select “Account Management”
Step 3: Choose your reason for closing the loan
Step 4: Select the loan(s) you wish to close
Step 5: If required, update your contact number (optional)
Step 6: Click “Confirm” to submit your request
Click here for the full list of available Digital Services.

A fee of S$150 or 3% of your outstanding principal, whichever is higher, will be levied for any early redemption. Refer to your latest statement for the outstanding principal amount.

You can refer to your monthly statements or log in to Online Banking/ SC Mobile app.
Online Banking
Step 1: Log into Online Banking.
Step 2: Click on “eStatements/eAdvices” on top right hand corner.
Step 3: Select the “View PDF” option to view your statement.
Step 4: Refer to “Instalments Loan Summary” table for details.
SC Mobile app
Step 1: Log into SC Mobile app.
Step 2: Click on “eStatements”.
Step 3: Select the “View” or “Download” option to view your statement.
Step 4: Refer to “Instalments Loan Summary” table for details.

The CashOne Personal Loan Up to 2.5% Cashback Online Promotion is available from now till 30 September 2024. Click here for full terms and conditions.
The CashOne Personal Loan Up to 2.5% Cashback Non-Online Promotion is available from now till 30 September 2024. Click here for full terms and conditions.
The CashOne Personal Loan Atome Cashback Promotion Terms and Conditions is valid till 31 August 2024. Click here for full terms and conditions.
Standard Chartered Bank (Singapore) Limited (“Standard Chartered” or the “Bank”)’s CashOne Personal Loan / Credit Card Instalment Loan Disbursement Terms and Conditions is applicable if an applicant makes an application for a CashOne Personal Loan (“CashOne”) or a Credit Card Instalment Loan (“Application”), successfully submits a completed Application to the Bank and the Bank approves such an Application. The transfer of funds to the applicant’s designated Standard Chartered Current/Cheque & Save Account(s) or non-Standard Chartered Current or Savings Account (each account a “Designated Account”) (“Loan Disbursement”) is subject to (a) the applicant successfully submitting a completed Application to the Bank; and (b) the Bank approving the Application which must satisfy the Bank’s eligibility criteria, including our credit and risk management policies, as well as prevailing laws and regulations. The Bank reserves the right to reject any Application which does not fulfil our criteria at our discretion. If the Bank is unable to process the Application or the Loan Disbursement due to system failure, system outage, malfunction, delay or any other circumstances whatsoever, whether within our reasonable control or otherwise, the Bank is not able to provide Loan Disbursement within the time periods(as stated in clauses 3 to 5 of the CashOne Personal Loan / Credit Card Instalment Loan Disbursement terms and conditions), and the Bank disclaims all liability arising for any such delay including any loss, damage or inconvenience caused to/incurred by you the applicant, or any third party arising from or in connection therewith. Click here for CashOne Instant Disbursement full terms and conditions which apply.
Standard Chartered Bank (Singapore) Limited (the “Bank”)’s Next Day Cash is a service whereby if an applicant successfully submits a completed application to the Bank for a personal loan by 2pm (Monday-Friday, excluding Public Holiday), and the Bank approves such an application, the Bank will disburse the funds on the next working/banking day (Monday-Friday, excluding Public Holiday). In the event that the bank needs to contact you for additional information/confirmation to complete the application, standard processing turnaround time will apply. If the Bank is unable to process your application due to system failure, system outage, malfunction, delay or any other circumstances whatsoever, whether within our reasonable control or otherwise, the Bank may not be able to provide the Next Day Cash service and the Bank disclaims all liability arising for any such delay including any loss, damage or inconvenience caused to/incurred by you the applicant, or any third party arising from or in connection therewith. Click here for full terms and conditions on Next Day Cash.
This Exclusive Interest Rate Promotion (the “Promotion”) is available from 1 January 2024 to 31 December 2024 (both dates inclusive) (the “Promotion Period”). Click here for full terms and conditions.
Our decision in all matters arising out of or in connection with this Promotion is final and conclusive and no correspondence will be entertained. Our Customer Terms, Personal Loan/Personal Line of Credit/Overdraft Terms and CashOne Product Terms apply. All information is correct at the time of publishing. Click here for full Terms and Conditions on Current/Cheque/Savings Account/Time Deposit, Personal Loan/Personal Line of Credit/Overdraft Terms.
For details, please click here to learn more about Standard Chartered Instant Approval Terms and Conditions.

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This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/sg and entering a website operated by other parties:

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

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