Financing Period: 1 to 7 years

Maximum Financing Period: Age of Vehicle + Financing Period = Not Exceeding 10 Years

Minimum Financing Amount: S$20,000

PHV loan 3.38% to 3.98% case by case basics
COE (renew PQP amt only) : 3.18%
COE passenger car : 3.75%

Maximum Financing Amount: Up to 70% of purchase price or bank's valuation whichever is lower if OMV is lesser than or equal to S$20,000; or Up to 60% of purchase price or bank's valuation whichever is lower if OMV is more than S$20,000

Early Settlement Fee: An early settlement fee of 20% of Interest Rebate based on Rule of 78 will apply throughout the finance period for both Hire Purchase Act and Non-Hire Purchase Act cases

Early Settlement Penalty: 1.5% of original loan amount early prepayment fee (1 mth notice)

Early Settlement Notification Period: 30 working days' prior written notice, or otherwise, payment 1 month's interest in lieu