Standard Chartered Auto Financing
2.48%
Interest Rate
S$ 10,744
Processing Fee
S$ 298
Monthly Repayment
S$ 10,000
Loan Amount
3 Years
Loan Tenure
With the Standard Chartered Auto Financing you can finance up to 70% of your car’s value with competitive and fixed interest rates of 2.48% for new cars and 2.78% for used cars and manage your monthly instalment with ease with the flexible loan tenures of 12 up to 84 months.
ALL DETAILS
Key Features
- Get the car of your choice from Standard Chartered’s wide network of car dealers
- Applications are guaranteed to be quick and easy
- Minimum Loan: S$10,000 (but isn’t applicable for company cars)
- Maximum loan amount up to 70% for vehicles with OMV below $20,000 is capped at 60% if the car’s OMV exceeds $20,000.
- Repayment plans range from 12 to 84 months
- 2.48% interest rate for new cars and 2.78% for used cars
Eligibility
| Citizenship Status | Singaporean / PR |
| Age Requirement | 21 years old and above |
Other Fees and Charges
| Late Payment Fee | S$60 |
| Late Payment Interest | 12% per annum on the overdue amount (monthly) |
| Early Completion Fee | Within 12 months from commencement date: 20% of outstanding interest + 1.5% of balance payable |
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