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How would you like to apply?

I am NOT an existing Standard Chartered Current/Checking/Savings Account holder

*SingPass holders with a MyInfo profile can use MyInfo to automatically fill up the form. By clicking “Next”, you will be re-directed to the MyInfo portal, which is not owned or controlled by Standard Chartered Bank (Singapore) Limited or any member of the Standard Chartered Group (the “Bank”). The Bank bears no liability or responsibility over your usage of the MyInfo portal.

*Please note that MyInfo is temporarily unavailable at the stipulated downtimes:

Mon, Tues, Thurs, Fri, Sat:  5:00AM to 5:30AM. Wed: 2:00AM to 6:00AM. Sun: 2:00AM to 8:30AM

I am an existing Standard Chartered Current/Checking/Savings Account holder

    How would you like to apply?

    I am NOT an existing Standard Chartered Current/Checking/Savings Account holder

    *SingPass holders with a MyInfo profile can use MyInfo to automatically fill up the form. By clicking “Next”, you will be re-directed to the MyInfo portal, which is not owned or controlled by Standard Chartered Bank (Singapore) Limited or any member of the Standard Chartered Group (the “Bank”). The Bank bears no liability or responsibility over your usage of the MyInfo portal.

    *Please note that MyInfo is temporarily unavailable at the stipulated downtimes:

    Mon, Tues, Thurs, Fri, Sat:  5:00AM to 5:30AM. Wed: 2:00AM to 6:00AM. Sun: 2:00AM to 8:30AM

    I am an existing Standard Chartered Current/Checking/Savings Account holder

      Person, Human, White Board
      1. Personal Loans and Mortgages
      2. Apply For Loans

      3. Interest-free Cashone Personal Loan

      Interest Free CashOne Personal Loan

      with an annual fee of 4.5% p.a. (EIR 8.59% p.a.) to help you manage your cashflow.

      Benefits1
      • enjoy
        0%interest

        Get extra cash to ease your cash flow

      • for a
        1year tenure

        Flexible repayment with no early redemption fee

      • first year annual fee at
        4.5% p.a.(EIR 8.59% p.a.)

        of the approved loan amount

      1Terms and Conditions apply

      Interest-free CashOne Personal Loan

      Product benefits

      Interest Rate
      0 % p. a. (EIR* 8.59% p.a.)
      Tenure
      1 year
      Early Redemption
      $0

      Approved Loan Amount

      S$6,000

      S$12,000

      First-year Annual Fee i.e (EIR* 8.59%)

      S$270

      S$540

      Disbursed Loan Amount

      S$5,730

      S$11,460

      Monthly Installment Amount

      S$500

      S$1,000

      Total Monthly Installment Amount Paid for 12 months

      S$6,000

      S$12,000

      * EIR is calculated taking into consideration the first-year annual fee of 4.5% of approved loan amount for your CashOne Interest-free or Credit Card Instalment Loan (as the case may be and all instalment payments are paid by their respective due dates during the one-year instalment tenure.)

      Application Eligibility

      • Age: 21 – 65 years
      • 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 Salaried Employees/Partial Commission-based EarnersCopy 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 – 65 years
      • 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

      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.

      Latest computerised payslip

      • (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

      4.5% of the approved loan amount
      (Interest-free Personal Loan and No Early Redemption Fee Promotion Terms and Conditions)

      Other fees
      Early redemption fee
      S$0
      Late payment fee
      S$100

      additional interest will be calculated on a daily basis at the EIR of 26.9% p.a. (0.074% per day)

      Default interest
      EIR +4%p.a.

      if 2 full repayments are late within 6 consecutive months, then default interest will apply (see FAQ 5)

      If you already have a credit card with us, you need not submit any documents. However, if you have recently experienced a change in income, you will need to submit your latest income documents during the application, so that we can review your credit limit and your Interest-free CashOne Personal Loan application accordingly.

      Yes. If you are an existing principal Standard Chartered Credit Cardholder, by submitting an application for an Interest-free CashOne Personal Loan, you will actually be applying for an 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.

      Your application will be reviewed upon submission.

      You will receive your funds upon approval of your loan.

      Your application may take up to one working day from submission to be assessed.

      [*Application has to be done via here and the Next Day Cash Terms and Conditions apply.]

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

      For example
      You are late on your full monthly payment of S$500 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 26.9% per annum (0.074% per day), on top of the flat S$100 fee.

      We understand that with a busy lifestyle, it can be easy to forget a payment or two. But in the event of multiple late payments, you will be subject to additional charges.

      For example

      You were late in making your full monthly repayment of S$1,000 in February and May this year. Because you did not make full repayment of your instalment amount twice within a span of 6 consecutive months, on top of the individual months’ late payment fees and any additional daily interest, a further 4% p.a. will be 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. This 4% p.a. of default interest will be removed from your EIR as soon as you make full instalment repayments by the instalment payment due date for 6 consecutive months.

      There is no early redemption fee.

      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 annual fee of 4.5% of the approved loan amount.

      Yes, your Interest-free CashOne Personal Loan (as the case may be) will be subject to a first-year annual fee of 4.5% of the approved loan amount.

      You will not be able to vary the Instalment Tenure of your Interest-free CashOne Personal Loan

      For your convenience, Interest-free CashOne Personal Loan 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 GIRO application, or call 1800 747 7000.

      Click here for more FAQs.

      This Interest-free Personal Loan No Early Redemption Fee Promotion (the “Promotion”) is available from now to 31 December 2021 (both dates inclusive) (the “Promotion Period”).  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.
      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.
      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.
      Cash one match rate inline banner
      CASHONE MATCH RATE

      We will MATCH any personal loan rate you received from our competitor bank. Simply text LOAN<space>MATCH to 77222.

      Person, Human, People
      CASHONE PERSONAL LOAN

      Get cash disbursed to any existing bank account of your choice within 15 mins.

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