MoneySmart Says

OCBC ExtraCash Loan offers hassle free application via MyInfo for customers who have an OCBC EasiCredit/ Credit Card. Interest rates range from 5.42% to 13.14% based on your tenure and income.

5.43%
Interest Rate*
S$11,629
Total Amount Payable
S$200
Processing Fee

Quick Facts

Loan Approval Time

Immediate if you have a OCBC Credit card/Easicredit and apply via MyInfo

Easy of approval

Moderate

Best for

No hassle application via MyInfo

The Bottom Line

Good for people who do not have any existing credit facilities with OCBC as you will not need to sign up for anything additional to get a loan.

Average IR of the loans

Depends on loan tenure. Rates are fixed based on tenure and income (details here: https://www.ocbc.com/personal-banking/loans/fixed-repayment-extra-cash-loan.html)

Likelihood of getting the advertised IR

Fixed back on the tenure and income

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OCBC ExtraCash Loan

OCBC ExtraCash Loan

Per Month
S$323