Standard Chartered CashOne Personal Loan in Singapore
Updated: 3 Jul 2025
Standard Chartered CashOne Personal Loan product overview
Here's an overview of Standard Chartered CashOne Personal Loan, including the interest rate, fees, minimum annual income, and more.
- Enjoy the lowest headline rate in the market, starting from 1.60% p.a. (EIR: 3.07% p.a.) for longer tenures. Get instant loan approval and cash disbursement in as quick as 15 minutes to your designated bank account.
- Enjoy a 5-year annual fee waiver on your Standard Chartered Platinum Visa credit card
- Min. loan amount of S$1,000
- Max. loan amount of up to 4X monthly salary, capped at S$250,000
- Waiver of S$50 annual fee (from 2nd year till expiry of loan) if all instalments for the year are paid on or before the due dateMax. loan amount of up to 4X monthly salary, capped at S$250,000
- Read our full review of the Standard Chartered CashOne Personal Loan
- EIR calculated is not yet inclusive of the first-year annual fee of S$199. Interest rate in your application will be based on your credit profile as determined by Standard Chartered.
- First year annual fee: S$199
- Early repayment fee: S$150 or 3% of the outstanding principal, whichever is higher
- Change of tenure: S$50 per change
- Late payment fee: S$100
- Copy of Passport (with at least 6 months' validity), including the page with address displayed (where applicable)
- Copy of your Employment Pass
- Any ONE of the following documents:
- Latest utility bill, rates or tax bill
- Latest bank / credit card statement (e-Statements are accepted)
- Rental agreement showing your address
- Latest mobile phone statement or pay-TV statement
- Letter from employer stating current address
- Government-issued document stating current address (e.g. IRAS, CPF, ICA)
For SingPass holders applying with MyInfo, please prepare the following:
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider’s approval.
Standard Chartered CashOne Personal Loan
- Enjoy the lowest headline rate in the market, starting from 1.60% p.a. (EIR: 3.07% p.a.) for longer tenures. Get instant loan approval and cash disbursement in as quick as 15 minutes to your designated bank account.
- Enjoy a 5-year annual fee waiver on your Standard Chartered Platinum Visa credit card
- Min. loan amount of S$1,000
- Max. loan amount of up to 4X monthly salary, capped at S$250,000
- Waiver of S$50 annual fee (from 2nd year till expiry of loan) if all instalments for the year are paid on or before the due dateMax. loan amount of up to 4X monthly salary, capped at S$250,000
- Read our full review of the Standard Chartered CashOne Personal Loan
- EIR calculated is not yet inclusive of the first-year annual fee of S$199. Interest rate in your application will be based on your credit profile as determined by Standard Chartered.
- First year annual fee: S$199
- Early repayment fee: S$150 or 3% of the outstanding principal, whichever is higher
- Change of tenure: S$50 per change
- Late payment fee: S$100
- Copy of Passport (with at least 6 months' validity), including the page with address displayed (where applicable)
- Copy of your Employment Pass
- Any ONE of the following documents:
- Latest utility bill, rates or tax bill
- Latest bank / credit card statement (e-Statements are accepted)
- Rental agreement showing your address
- Latest mobile phone statement or pay-TV statement
- Letter from employer stating current address
- Government-issued document stating current address (e.g. IRAS, CPF, ICA)
For SingPass holders applying with MyInfo, please prepare the following:
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider’s approval.
Read Singsaver’s full review of the Standard Chartered CashOne Personal Loan
Standard Chartered CashOne Personal Loan promotion
SingSaver Exclusive Cashback Offer: Receive the following rewards when you apply for an SCB CashOne Personal Loan.
SingSaver x SCB CashOne Personal Loan Exclusive Offer
Experience the lowest interest rates from 1.90% p.a. (EIR from 3.63% p.a.) in the market, plus up to S$1,860 in Cashback (limited time offer!) when you apply for Standard Chartered CashOne Personal Loan via SingSaver. Valid till 14 August 2025. T&Cs apply.
Why should you apply for Standard Chartered CashOne Personal Loan?
Attractive personalised interest rates
Standard Chartered offers highly competitive interest rates starting from 1.90% p.a. (EIR 4.04% p.a.). Final rates are tailored to your credit profile, so strong borrowers could score lower-than-average rates.
Fast, fuss-free approval
Submit your application online using MyInfo via SingPass and get instant approval. If everything checks out, your loan can be approved within minutes and disbursed to your account within 15 minutes.
Flexible loan amounts and tenure
Borrow from as little as S$1,000, up to 4x your monthly income, or up to 8x if your annual income is S$120,000 or more. Tenure ranges from 1 to 5 years, giving you control over your repayment timeline.
Low entry barrier
The minimum annual income requirement is just S$30,000 for Singapore Citizens and Permanent Residents, making this one of the most accessible personal loans in Singapore.
Pros and cons
Pros
Low starting interest rates from just 1.90% p.a. (EIR 4.04% p.a.), making it one of the more competitive options for borrowers with strong credit profiles
Apply using SingPass MyInfo and you could get approved within minutes. Loan disbursement takes as little as 15 minutes for FAST-enabled bank accounts (up to S$200,000)
Applicants do not need an existing bank account with Standard Chartered — funds can be disbursed to any FAST-enabled account
With a minimum annual income requirement of S$30,000 for Singaporeans and PRs, this loan is available to a wide range of working individuals
Cons
Foreigners need to have a higher annual income of at least S$90,000 per year and must have an Employment Pass valid for the full loan tenure
The lowest advertised rate may not be what you receive. Rates are customised based on your credit score and financial background
Loan eligibility
- Citizenship status: Singaporean / PR / Foreigners with Employment Pass
-
Age requirement: Between 21 and 65 years old
-
Employment status: Whether you're a full-time salaried employee, earning variable or commission-based income, or running your own business as a self-employed individual, you're welcome to apply, provided you meet the income criteria below.
-
Annual income:
-
Singapore citizens/Singapore PRs: $30,000
-
Foreigners: $90,000
-
Comparing to other personal loans
|
Loan provider |
SCB CashOne |
HSBC Personal Loan |
Trust Bank Instant Loan |
|
Interest rate |
From 1.90% p.a. |
From 2.20% p.a. |
From 2.22% p.a. |
|
Effective interest rate (EIR) |
From 4.04% p.a |
From 4.0% p.a. |
From 4.22% p.a. |
|
Annual fee |
$199 for first year only, S$50 annually from the second year onwards (waived if all monthly payments are made on time for the preceding 12 months) |
S$120 (First year waived) |
$0 |
|
Total interest payable |
$190 |
$220 |
$222 |
|
Total amount payable |
$10,190 |
$10,220 |
$10,222 |
|
Principle loan amount |
$10,0000 |
$10,0000 |
$10,0000 |
|
Monthly payment* |
$849 |
$852 |
$852 |
|
Minimum annual income |
$30,000 |
$30,000 |
$30,000 |
|
Loan tenure |
1 to 5 years |
1 to 7 years |
3 to 60 months |
|
Loan disbursement speed |
Instant upon approval to any FAST-enabled bank account; typically within 15 minutes |
Same-day disbursement to HSBC accounts upon approval; 1–3 working days for disbursement to other bank accounts |
Funds are disbursed instantly to your Trust savings account upon approval |
|
Processing fee |
$0 |
$0 |
$0 |
|
Cancellation fee |
S$150 or 3% of the outstanding principal, whichever is higher |
2.5% of the redemption amount for early repayment |
3% of the outstanding principal amount if repaid in full within 90 days |
|
Late payment fee |
S$100 per missed payment; additional interest of 29.9% p.a. on overdue amounts |
$120 |
$100 |
*Assuming $10,000 borrowed loan amount over a 1-year tenure
How to apply for Standard Chartered CashOne Personal Loan
To apply for the Standard Chartered CashOne Personal Loan, click the ‘Apply Now’ button below and complete the online form with your personal, employment, and loan details—approval may be instant if you apply via MyInfo.
Frequently asked questions about the Standard Chartered CashOne Personal Loan
You can borrow up to 4 times your monthly income, capped at S$250,000, subject to the bank's credit assessment. For existing Standard Chartered credit cardholders, the approved loan amount may be up to 98% of your available credit limit.
If you apply online using MyInfo via SingPass, you may receive instant approval, provided no additional documentation is required. If further information is needed, approval may take up to one working day.
A late payment fee of S$100 will be charged if the minimum payment is not received by the due date. Additionally, interest will accrue daily on the overdue amount at an Effective Interest Rate (EIR) of 29.9% p.a. (0.082% per day).
The minimum monthly repayment is the higher of S$50 or 1% of the approved monthly principal instalment amount, plus any interest, fees, charges, and any overlimit or past due balance. This provides greater flexibility in managing your repayments.
No, taking up the Standard Chartered CashOne Personal Loan will not affect the credit limit of your HSBC credit card, as they are managed by separate banks. However, if you hold a Standard Chartered credit card, taking up a CashOne loan will reduce your available credit limit by the loan amount.