asked about COE Renewal

over 3 years ago

Does the loan for coe renewal cover everything?

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John

Hi Alan! Yes, our COE Renewal loan covers the full amount. If you are renewing your COE for 10 years, the maximum repayment term is 7 years. For 5 years COE renewal, the maximum repayment term is 5 years.

However, do note that full loans are approved on a case-by-case basis. Check with our friendly consultants to find out if you are eligible for a full COE loan: https://www.motorist.sg/coe-renewal

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over 3 years ago