Interest Rates for Standard Chartered CashOne Personal Loan

• Interest rates from 3.88% p.a., Effective Interest Rate (EIR) 7.67% p.a.
• Interest rates will defer depending on applicants' credit profiles

Features: Pros and cons of Standard Chartered CashOne Personal Loan

• Fast cash loan to your bank account of choice within 15 mins
• 50% off your first month’s instalment amount in the form of a cashback - for applicants with a minimum loan amount of S$15,000, over the course of 4 or 5 years.
• One of the lowest interest rates for personal loans in Singapore, starting from 3.88% p.a (EIR at 7.67% p.a.) for higher income applicants
• Low minimum loan amount of S$1,000
• Relatively lower minimum income requirement of S$20,000
• Fast cash loan option, credited straight to your bank account within 15 minutes
• Borrow 2 - 4 x your monthly income
• Generous waivers of processing and annual fees for selected applicants
• S$20 cashback when you apply via MyInfo

• While it SC CashOne advertises its interest rates at an impossibly low 3.88% p.a., Standard Chartered's interest rates are heavily personalised, based on applicants' income and credit profiles.

• More details and loan calculator for SC CashOne Personal Loan here

Eligibility: who can apply for Standard Chartered CashOne personal loan?

• 21 to 65 years old
• annual income of at least S$20,000 for Singaporeans and PR
• annual income of at least S$60,000 for foreigners, with a Singapore Employment Pass

Other Fees: what else to look out for?

• First-year Annual Fee: S$199 (possible waiver in the first year)
• Late Fee: S$80
• Default Interest: EIR +4%p.a
• Early redemption fee: $150 (or 3% of the outstanding principal, whichever is higher)

Contact Standard Chartered Singapore

Tel: +65 6747 7000