OCBC ExtraCash Loan Reviews and Comparison - Seedly
Seedly logo
Seedly logo
 

OCBC ExtraCash Loan

  • Overview
  • Reviews (0)
  • Questions (0)
  • More Details
Personal Loans/OCBC ExtraCash Loan
Personal Loans/OCBC ExtraCash Loan
No rating yet
0 reviews

Unclaimed

This product has not been claimed by the company yet.

Plans (5)

Slide 1 of 5
  • OCBC ExtraCash Loan (1 Year Tenure)

    26.39%
    EFFECTIVE INTEREST RATE
    12.31%
    FLAT INTEREST RATE
    $100
    PROCESSING FEE
  • OCBC ExtraCash Loan (2 Year Tenure)

    24.37%
    EFFECTIVE INTEREST RATE
    12.25%
    FLAT INTEREST RATE
    $100
    PROCESSING FEE
  • OCBC ExtraCash Loan (3 Year Tenure)

    23.67%
    EFFECTIVE INTEREST RATE
    12.50%
    FLAT INTEREST RATE
    $100
    PROCESSING FEE
  • OCBC ExtraCash Loan (4 Year Tenure)

    23.31%
    EFFECTIVE INTEREST RATE
    12.81%
    FLAT INTEREST RATE
    $100
    PROCESSING FEE
  • OCBC ExtraCash Loan (5 Year Tenure)

    23.10%
    EFFECTIVE INTEREST RATE
    13.14%
    FLAT INTEREST RATE
    $100
    PROCESSING FEE

    OCBC ExtraCash Loan (1 Year Tenure)

    26.39%
    EFFECTIVE INTEREST RATE
    12.31%
    FLAT INTEREST RATE
    $100
    PROCESSING FEE

Details

OCBC ExtraCash Personal Loan Review 2020

  • For applicants with an annual income of more than S$30,000:
    - Flat interest rate of 5.42% - 5.54%
    - Effective Interest Rates (EIR) from 10.96% - 13.92% p.a.
  • For applicants with an annual income of S$20,000- S$29,999:
    - Flat interest rate of 12.25 - 13.14% p.a.
    - Effective Interest Rates (EIR) from 10.96% - 13.92% p.a.
  • Suitable for when you have surpassed your credit limit and can no longer apply for lines of credit
  • Flexible 1 to 5 years repayment scheme
  • Borrow up to 6 x your salary
  • Best for one-time borrowing needs. Otherwise, OCBC Extra Cash is much more costlier than other personal loan options.
Read More about OCBC ExtraCash Loan
Reviews (0)

0.0

0 Reviews

  • 5
    0
  • 4
    0
  • 3
    0
  • 2
    0
  • 1
    0

Read Review About...

Most HelpfulMost RecentLow to HighHigh to Low
No reviews found.
Questions (0)
Recent ActivityUnansweredTrending
No questions found.

Interest Rates for OCBC ExtraCash Loan

Tenure (Years)

Flat Interest Rate (p.a)

Effective Interest Rate (p.a)

1

12.31

26.39

2

12.25

24.37

3

12.50

23.67

4

12.81

23.31

5

13.14

23.10

For borrowers who have an annual income between S$20,000 and S$29,999

Tenure

Flat Interest Rate (p.a)

Effective Interest Rate (p.a)

1

5.54

13.92

2

5.42

12.11

3

5.43

11.47

4

5.48

11.15

5

5.54

10.96

For borrowers who have an annual income above S$30,000

Features: Pros and cons of OCBC Extra Cash Loan

  • Flexible 1 to 5 years repayment scheme
  • Borrow up to 6 x your salary

Verdict: Is OCBC Extra Cash Loan Suitable for You?

  • Suitable for when you have surpassed your credit limit and can no longer apply for lines of credit
  • Best for one-time borrowing needs. Otherwise, OCBC Extra Cash is much more costlier than other personal loan options.

More details on ExtraCash Loan and OCBC personal loan calculator here.

Eligibility: who can apply for OCBC ExtraCash loan?

  • 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

Other Fees: what else to look out for?

  • Late Fees: S$80
  • Early payment Fee: 3%
  • Restructuring Fee: 3% of outstanding loan amount

Contact OCBC Singapore

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