OCBC Personal LoanCompare loans from OCBC with other banks and find out how much you can save.
OCBC Cash Loans (EasiCredit & ExtraCash Loan). The OCBC Bank group of businesses comprises a family of companies owned by Singapore’s longest-established local bank. OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912.
Since the time of their founders, they have always understood the financial needs of their customers and developed financial solutions that meet the customers’ needs.
OCBC Cash Loans
EasiCredit (Flexible Repayment) & ExtraCash Loan (Fixed Repayment)
The OCBC EasiCredit with flexible repayment is a line of credit suitable for people who have cash needs from time to time. Get easy access to cash anytime via ATM or cheque, pay interest only on your outstanding amount at the end of each month, borrow up to 6x your monthly salary, take as long as you need to pay back your outstanding amount and it only takes 3 minutes for approval at OCBC branches.
This loan is available for Singaporean / Singapore PR with an annual income of S$20,000 and above or Foreigner with an annual income of S$45,000 and above aged 21 years old and above.
The OCBC ExtraCash Loan with fixed repayment is an instalment loan suitable for people who have a one-time borrowing need. Choose a loan term of 1-5 years, borrow up to 6x of your monthly salary, comes with a fixed regular monthly repayments and get same-day approval at OCBC branches. This loan is available for Singaporean / Singapore PR with an annual income of S$20,000 and above or Foreigner with an annual income of S$45,000 and above aged 21 years old and above.
OCBC Study Loans
FRANK Education Loan & FRANK Tuition Fee Loan
The FRANK Education Loan is a study loan to help pay for your education dreams for local private or overseas institutions. Further your education and enjoy a low-interest rate of 4.5% per year (EIR is 5.18% per year*), loan up to 10x your monthly income or S$150,000 (whichever is lower) and choose from three flexible repayment options of up to 8 years. This loan is available for Singaporeans & Singapore PRs aged 17 years old and above with annual income of S$24,000 and above (individual or with the joint applicant).
The FRANK Tuition Fee Loan is a study loan to help pay for your university education for NUS, NTU or NIE only. It covers up to 90% of your tuition fee at 0% interest while you are at school. You can start repayment instalments immediately after graduation or once you find a job within 2 years after graduation.
You also have the choice to pay back partially or in full over 20 years with monthly instalments as low as $100. OCBC also gives you the option of investing in their Blue Chip Investment Plan or enrol in their Young Investor Programme while you study to get a head start towards financial independence.
Pledge your fixed deposits or unit trusts for extra cash with the OCBC Secured Overdraft
The OCBC Secured Overdraft lets you get standby funds up to the approved credit limit, access extra cash without withdrawing fixed deposits or selling unit trusts and the interest is charged only on the amount used, depending on the collateral pledged.
Compare OCBC personal loan on gobear.com/sg.