New & Used Auto Loan

Banks Loan Rates

Hong Leong Finance – 1.68%(Limited period only and subject to approval by the bank)

OCBC – 1.68% (minimum loan is $15,000)

DBS – 1.99%

UOB – 1.88%

Maybank -1.88

Maybank -3.75% (Limousine/car rental)

Standard Chartered – 2.48%

HL Bank – 1.88%

Tokyo Century – 1.98%

**Ballon Scheme by Tokyo Century** 3.78%

Hitachi Capital – 2.88%

Max. repayment period is 7 years. Terms and conditions apply. Rates are subject to changes by the bank.

In order to process the application, you will need to forward us these documents.

1. Sales Order / Vehicle Sales Agreement
2. Registered Owners IC Front and Back (required by banks/finance company)
3. Latest Notice of Assessment, 6 months of CPF Contribution History or 3 months computerized payslip
4. Log card

Please submit yours documents to

All documents submitted will be kept strictly confidential.

The Monetary Authority of Singapore (MAS) rules allow you to borrow up to 70% of the purchase price of a car if its open market value is less than S$20,000. For more expensive cars, the permissible percentage is lower at 60%. Open market value refers to the original price of a car, and excludes certificate of entitlement charges, additional registration fees, and other government levies.

For a quick Calculation of Loans. Just key in the interest rates.

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