LOAN

Loan Calculator

Your Monthly Repayment

Disclaimer: This calculator is intended as a general guide, and the amounts displayed may differ from the actual loans or repayments approved.

Personal Loan

For any personal purpose such as marriage, bridging, travelling, etc

Secured Loan

A member may borrow up to 100% of his total savings (subscriptions, savings and term deposits) with the Co-operative.

Renovation Loan

A member may apply for Renovation Loan to defray renovation expenses of a member’s owner-occupied property. Loan amount shall not exceed $30,000.

Medical Loan

A member may apply for Medical Loan to defray medical expenses for essential medical treatment of himself or his immediate family member.

Education Loan

A member may apply for Education Loan to defray expenses connected with tertiary education of himself or his immediate family member.

Consolidation Loan

A member may request to consolidate his loans for better loan servicing management.

Eligible Amount& & Repayment Mode

Up to 6x salary or $50K whichever is lower. (Repayment: Salary deduction)

Up to 4x salary or $30K whichever is lower. (Repayment: Giro deduction)

*All Loans are subjected to credit assessment.

Submit your loan application here.

*Your application will be processed within 3 working days.

Documentation for Loan Application

Documents required when applying for:

Secured Loan

  • NRIC (front & back) or Singpass

Non-Secured Loan

  • NRIC (front & back) or Singpass
  • Latest Payslip
  • Credit Bureau Report
  • Moneylenders Credit Bureau Report
  • Latest credit card or overdraft statement if purpose if loan is to settle
  • Work Pass and Work Pass expiry
    (Work pass holder only)
  • Any recent bill stating current address
    (Work pass holder only)

Additional Documents

  • Renovation loan: Signed quotation & HDB letter stating ownership
  • Education loan: Admission letter with course fee & proof of relationship (if any)