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: Get up to S$1,429 in cashback & rewards

• SingSaver Exclusive Offer promotion is valid until 30 June 2025.
• Promotion is valid for new and existing Trust Bank personal loan customers.
• Apply and get approved for a Trust Bank Instant 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:
• Loan amount of S$8,000 – S$9,999: New customers will receive S$100 Cash. Existing customers will receive S$80 Cash.
• Loan amount of S$10,000 – S$14,999: New customers will receive S$180 Cash. Existing customers will receive S$160 Cash.
• Loan amount of S$15,000 – S$19,999: New customers can receive S$310 Cash or a Dyson AM07 Tower Fan (worth S$459). Existing customers can receive S$270 Cash or a Dyson AM07 Tower Fan (worth S$459).
• Loan amount of S$20,000 – S$29,999: New customers can receive S$420 Cash or a Dyson Airstrait (worth S$799). Existing customers can receive S$380 Cash or a Dyson Airstrait (worth S$799).
• Loan amount of S$30,000 – S$49,999: New customers can receive S$640 Cash or a Xiaomi Robot Vacuum X20+ UK (worth S$899). Existing customers can receive S$600 Cash or a Xiaomi Robot Vacuum X20+ UK (worth S$899).
• Loan amount of S$50,000 and above: New customers can receive S$1,250 Cash or an Apple iPad Air (M3) 13” WiFi + Cellular 128GB (worth S$1,429). Existing customers can receive S$1,230 Cash or an Apple iPad Air (M3) 13” WiFi + Cellular 128GB (worth S$1,429).
• 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