No documents required if you are either of the following:

• SingPass holders applying with Myinfo (regardless Singaporean citizens, Singaporean PRs.
• 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 the 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 for CashOne 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.

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.

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 for personal loan  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

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.

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.

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.

CashOne Personal Loan has a flexible repayment loan tenure from 1 to 5 years*. CashOne Personal Loan has a loan tenure from 1 to 5 years. With the exception of the first month, the monthly instalment payable is generally similar across months. The interest payable on your first instalment amount will be pro-rated on a 365 days basis or 366 days basis in a leap year.  This could cause the first month’s instalment amount to vary from the other months. 

Please refer to your monthly statements for the instalment amount payable.

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 finance charges 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 the first 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.

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.

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

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.

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: Select Services within the menu bar

Step 2: Scroll to "Loans & Mortgage Services" and select "Close CashOne/Card Loan”

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.