Submit a quick application for Personal loan, Business loan & Foreigner loan through Raffles Credit app.
Eligibility
1. Loan amount up to SG$ 500 if borrowers earning is less than SG$ 10000 a year (for Foreigner and Residing in Singapore)
2. Loan amount up to SG$ 3000 if borrowers earning is less than SG$ 20000 a year (For "Singaporean and Permanent Resident", and "Foreigner and Residing in Singapore" )
3. Up to 6 times of monthly income if borrowers earning is SG$ 20000 or more a year
Example representation of loan calculation
-> Loan amount: $5000
-> Tenure: 6 months
-> Maximum APR rate: 27.84%
-> Administrative fee: 10% of principal = $5000
-> Total interest: $707.98
-> Repayment amount per month: $951.33
Loan amount is $5000, Disbursed amount is $4500, Total repayment amount is $5707.98.
Tenure
Minimum repayment: 63 days
Flexible repayment plans.
Quick benefits to try us:-
-> Easy Signup process
-> Well designed Dashboard
-> Easy application submission process
-> Easy repayment monitoring facility
-> Easily add payment proof
Fees & Charges
1. Maximum APR rate 27.84%
2. An upfront administrative fee not higher than 10% of the principal of the amount. This is charged when the loan is granted
3. A late fee not exceeding $60 for each month
4. Legal costs ordered by the court for a successful claim after recovery of the loan.
How to get started
1. Install Raffles Credit app
2. Create your account by providing basic details
3. Check eligibility
4. Submit application information
5. After submission of application, Our team will contact with you for further process
Safety and Security
Your data is safe with us. We use 256-bit encryption for data management
For more information, visit our Privacy policy!
Question? Need help?
Email us at [email protected]
Contact us at: (+65) 6235 1788
Visit our store: 17A Circular Road Singapore 049373