Trust Instant Loan

Trust Instant Loan

Introducing Trust Instant Loan: Now available for all customers with interest rates starting at 2.22% p.a. (EIR from 4.22% p.a.). With rapid approval, Trust Instant Loan is incredibly fast and easy to secure—just three clicks in the Trust App and around 60 seconds for existing Trust credit cardholders. No paperwork, no delays, and zero processing fees.

Customers can personalize their loan by selecting a repayment date, choosing the loan tenure in months instead of years, and easily adjusting their credit limit within the App.

SingSaver Exclusive Promotion: Everyone gets 1 year of interest repayment covered by SingSaver

• SingSaver Exclusive Offer is valid until 27 October 2024.
• Promotion is valid for new and existing CIMB / HSBC / Standard Chartered / Trust Bank / UOB personal loan customers.
• Apply and get approved for a loan from participating providers with a min. value of S$8,000 and min. tenure of 3 years to be eligible for reward.
• Choice of rewards varies depending on loan amount:
• (S$8,000 – S$9,999): S$120 Cash or S$150 Grab Voucher or S$180 Shopee Voucher
• (S$10,000 – S$14,999): S$160 Cash or S$200 Grab Voucher or S$220 Shopee Voucher
• (S$15,000 – S$19,999): S$250 Cash or S$300 Grab Voucher or S$320 Shopee Voucher
• (S$20,000 – S$29,999): S$350 Cash or S$400 Grab Voucher or S$420 Shopee Voucher
• (S$30,000 – S$49,999): S$600 Cash or S$780 Grab Voucher or S$830 Shopee Voucher
• (S$50,000 – S$79,999): S$750 Cash or S$820 Grab Voucher or S$840 Shopee Voucher
• (S$80,000 and above): S$1,000 Cash or S$1,250 Grab Voucher or S$1,300 Shopee Voucher
• Terms and Conditions apply.

Product Page Transparency

• Pays to access additional features

Loan Features & Details

1) Key Features

• Low rates from 2.22% p.a. (EIR 4.22%* p.a.) with no processing or hidden fees.
• Flexible repayments. Choose your desired personal loan amount and tenure. Repay with fixed instalments over 3 to 60 months.
• Fast approval in 60 seconds.
• *EIR calculated based on loan amount of S$90,000 and tenure of 60 months from 1 Jan 2024. Maximum EIR may be up to 22.34% p.a. based on your personal credit profile.
• Deposit Insurance Scheme: SGD deposits of non-bank depositors are insured by the SDIC, for up to S$100,000 in aggregate per depositor per Scheme member by law.

2) Eligibility

• Min. age requirement: 21 years old
• Minimum annual income of S$30,000 for Singaporean citizen or PR or S$60,000 for foreigners with valid work pass

3) Fees

The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider’s approval.

• Early repayment fee: S$ 15
• Late repayment fee: S$ 100

4) Application Process

1. Download the Trust App and navigate to the Instant Loan section

2. Fill out an application and submit all required documents

3. Wait for approval of personal loan

Required Documents :

1. NRIC (Front & Back) 

2. Salaried employees: Latest month’s computerised payslip or latest 6 months’ CPF contribution history statement 

3. Self-employed individuals: Last 2 years’ Income Tax Notice of Assessment 

4. Commission-based earners: Latest 3 months payslip or latest 6 months' CPF contribution history statement