Salaried Employee
Singapore Citizens & PRs
- Front and back copy of NRIC
- Latest 3 months computerized payslips
- Latest 12 months CPF Contribution History (if using CPF)
- Completed Loan Application Form
Finance Your
Dream Car
Flexible loans and refinancing options tailored for you. Partnered with major Singapore banks and institutions for the most competitive rates.
Car Loan Calculator
Required Documents
Prepare these documents for a swift loan application and fast approval.
Self-Employed
Business Owners & Directors
- Front and back copy of NRIC
- Latest Notice of Assessment (NOA) for 2 years
- ACRA Business Profile (generated within past 3 months)
- Corporate Bank Statement (last 3 months)
Foreigner
Expats working in Singapore
- Passport copy
- Employment Pass (min. 6 months validity)
- Proof of Residence (e.g. Tenancy Agreement, Utility Bill)
- Employment Agreement & Proof of Income
Financing FAQs
With complete documentation, loan approvals can be processed in as little as 1 to 3 working days. We recommend getting pre-approved so you can shop for your car with confidence.
Under MAS guidelines, the maximum loan tenure for a motor vehicle in Singapore is 7 years (84 months). The actual lifespan of the vehicle's COE may further restrict this for older cars.
For cars with an Open Market Value (OMV) of up to $20,000, you can borrow up to 70% of the purchase price (minimum 30% down payment). For cars with an OMV exceeding $20,000, the maximum loan amount is 60% of the purchase price (minimum 40% down payment).
Yes. Apart from major bank loans, we offer flexible in-house financing packages to cater to individuals who may require structured or alternative approval parameters.
Absolutely. We specialize in used car financing. The loan assessment will take into account the vehicle's age and remaining COE lifespan.