OCBC Cash-On-Instalment Reviews and Comparison - Seedly
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OCBC Cash-On-Instalment

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  • OCBC Cash-On-Instalment (1 Year Tenure)

    10.45%
    EFFECTIVE INTEREST RATE
    4.70%
    FLAT INTEREST RATE
    1% of principal amount
    PROCESSING FEE
  • OCBC Cash-on-Instalments (2 Year Tenure)

    9.77%
    EFFECTIVE INTEREST RATE
    4.70%
    FLAT INTEREST RATE
    1% of principal amount
    PROCESSING FEE
  • OCBC Cash-on-Instalments (3 Year Tenure)

    9.46%
    EFFECTIVE INTEREST RATE
    4.70%
    FLAT INTEREST RATE
    1% of principal amount
    PROCESSING FEE
  • OCBC Cash-On-Instalment (4 Year Tenure)

    9.46%
    EFFECTIVE INTEREST RATE
    4.70%
    FLAT INTEREST RATE
    1% of principal amount
    PROCESSING FEE
  • OCBC Cash-On-Instalment (5 Year Tenure)

    9.06%
    EFFECTIVE INTEREST RATE
    4.70%
    FLAT INTEREST RATE
    1% of principal amount
    PROCESSING FEE

    OCBC Cash-On-Instalment (1 Year Tenure)

    10.45%
    EFFECTIVE INTEREST RATE
    4.70%
    FLAT INTEREST RATE
    1% of principal amount
    PROCESSING FEE

Details

About OCBC Cash on Instalment

  • Has interest rates as low as 4.70% p.a.
  • Effective Interest rates (EIR) from 9.05% p.a. to 10.45% p.a.
  • 1 to 5 years tenure duration, a more long-term cash-flow option
  • Repay by fixed repayments of up to 60 months (5 years).
  • For those who have an OCBC Credit Card or EasiCredit account.
  • Competitive only for loan durations of 4 and 5 years
  • While its interest rates are lower than that of OCBC ExtraCash, Cash-on-instalment is still a rather expensive personal loan scheme.

Cash-on-Instalment is fast cash loan scheme from OCBC Singapore, that allows you to access extra cash from your unused credit limit.

Read More about OCBC Cash-On-Instalment
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Interest Rates for OCBC Cash on Instalment

Tenure (years)

Interest Rate p.a.

Processing Fee

Effective Interest Rate (EIR)

1

4.70%

1% of the approved loan amount

10.45%

2

4.70%

1% of the approved loan amount

9.77%

3

4.70%

1% of the approved loan amount

9.46%

4

4.70%

1% of the approved loan amount

9.24%

5

4.70%

1% of the approved loan amount

9.06%

Interest Rates for OCBC Cash On Instalment assuming a loan of S$10,000

Features: Pros & cons of OCBC Cash on Instalment

  • Easily loan cash from your unused credit limit
  • With interest rates from 4.70% p.a.
  • Effective Interest rates from 9.05% p.a. to 10.45% p.a.
  • A more long-term cash-flow option
  • Repay in fixed monthly repayments with tenure of up to 60 months (5 years).

Is It the Best? OCBC Cash on Instalment Review

  • Competitive only for loan durations of 4 and 5 years
  • Generally, a rather expensive personal loan scheme
  • More details on this OCBC cash loan scheme and Personal Loan Calculator here

Other fees: what else to look out for?

  • Processing fee: 1% of approved loan amount

Eligibility: who can apply for OCBC Cash On Instalments?

  • Above 21 years old
  • Annual income of at least S$20,000 for Singaporeans and PR
  • Annual income of S$45,000 and above for foreigners
  • Be an OCBC Credit Card or OCBC EasiCredit account holder

Contact OCBC Singapore

Tel: +65 6363 3333
Address: OCBC Bank, 65 Chulia Street, #01-00, OCBC Centre, Singapore 049513