OCBC Cash-on-Instalments

Updated 24 May 2019
5.80%Interest Rate
(EIR 12.12% p.a.)
2% of loan amountProcessing Fee
$326Monthly Instalments
Key features
Key Features
  • Apply for Cash-on-Instalment loan via EasiCredit which converts your credit limit into fixed monthly instalments from 12 to 60 months tenure
  • EasiCredit functions as a borrowing facility for your OCBC credit card or loan
  • Interest rates as low as 5.8% p.a. (EIR 11.38% p.a.) for 5 years loan tenor
  • Payment of processing fee may vary based on your choice of personal loan plan. Please confirm this with the bank prior to loan approval.
  • Applicable for loan amount of $1k and above
  • Borrow up to 4x your monthly income when your annual income is below $120k
  • Borrow up to 6x your monthly income when your annual income is above $120k
Repayment Summary

Principal Loan Amount


Loan Tenure

3 years

Interest Rate (p.a)


Monthly Instalments


Total Amount Payable


Total Interest Payable


Approval Duration

3 to 5 working days


Citizenship Status

Singaporean / PR

Age Requirement

21 years old and above

Employment Status

Salaried Employee, Variable/Commission-based Employees or Self Employed

Minimum Annual Income


Fees & Charges

Processing Fee

2% of loan amount

Restructuring Fee


Late Payment Fee


Partial Repayment Penalty


Full Repayment Penalty


MoneySmart lists Personal Loan products that range between a minimum of 1 to a maximum of 7 years. The effective interest rate (EIR) of loan products on our site range from 8.5% p.a. to up to 20.0% p.a. The EIR of your loan will be dependent on the loan you apply for as well as your personal financial needs.

For example, you would need to pay S$316/month for a S$10,000 Personal Loan with a loan tenure of 3 years. This would equate to a total payment of S$11,376 over 3 years. Please view each Personal Loan product in detail for a full breakdown of the interest rate chargeable, minimum and maximum loan tenure as well as processing fees (if applicable).

OCBC Cash-on-Instalments

OCBC Cash-on-Instalments