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 March Madness: Get 1x March Madness Spin to Win Chance

• SingSaver March Madness Spin to Win promotion runs from 3 March 2025, 5:00 PM SGT to 31 March 2025.
• Promotion is valid for new and existing CIMB / HSBC / Standard Chartered / Trust Bank / UOB personal loan customers.
• Apply and get approved for participating personal loan products with a min. loan amount of S$8,000 and min. tenure of 3 years to be eligible for 1x chance to Spin the Wheel and win 50% of your Monthly Salary.
• Terms and Conditions apply.
• SingSaver General Promotion Terms and Conditions apply.

SingSaver Exclusive Promotion: Get up to S$1,349 in cashback & rewards

• SingSaver Exclusive Promotion is valid until 31 March 2025.
• Promotion is valid for new and existing Trust Bank personal loan customers.
• Apply and get approved for a Trust Personal Loan with a min. amount of S$8,000 and min. tenure of 3 years to be eligible for rewards.
• Choice of reward varies depending on approved loan amount:
• (S$8,000 – S$9,999): New customers will receive S$100 Cash. Existing customers will receive S$80 Cash.
• (S$10,000 – S$14,999): New customers will receive S$150 Cash. Existing customers will receive S$130 Cash.
• (S$15,000 – S$19,999): New customers will receive S$350 Cash or Apple iPad 10th Gen WiFi 64GB (worth S$499). Existing customers will receive S$330 Cash or Apple iPad 10th Gen WiFi 64GB (worth S$499).
• (S$20,000 – S$29,999): New customers will receive S$450 Cash or Dyson Airwrap™ (worth S$859). Existing customers will receive S$330 Cash or Dyson Airwrap™ (worth S$859).
• (S$30,000 – S$49,999): New customers will receive S$650 Cash via PayNow or Dyson V12 Detect Slim Fluffy (worth S$969). Existing customers will receive S$330 Cash or Dyson V12 Detect Slim Fluffy (worth S$969).
• (S$50,000 and above): New customers will receive S$1,250 Cash via PayNow or Apple iPad Air 13-inch WiFi 256GB (worth S$1,349). Existing customers will receive S$330 Cash or Apple iPad Air 13-inch WiFi 256GB (worth S$1,349).
• 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