• TCC Personal Loan

    Providing the support you always need

Personal Loan

In need of funds to pursue your dreams? TCC Credit Co-operative provides flexible and affordable personal loans for all members.

Maximum Loan Amount:
Up to 6 times of monthly income

Repayment Period:
Up to 5 years

Interest Rate:
6.99% p.a.

Eligibility Criteria

Main / Joint Applicant:

  • Singapore Citizen or Singapore Permanent Resident
  • Age between 21 and 60 years old
  • Earning a minimum monthly basic salary of $1,200
  • Open to salaried or contract staff, self-employed, private hired drivers
  • TCC Membership application will be processed together with loan application (for non-members)

Surety (if any):

  • Singapore Citizen
  • Age between 21 and 55 years old
  • Earning a minimum monthly basic salary of $2,000
Email Us To Apply

The Complete Guide to Personal Loans in Singapore

Who can apply for a personal loan?

TCC offers personal loans to Singapore citizens and Singapore permanent residents, either salaried or contract employees, self-employed and those in gig economy.

Is there a required minimum salary to apply for a personal loan?

Generally, as long as they earn a minimum monthly basic salary of $1,200.

Can non-members apply for a personal loan from TCC?

Non-members are welcome to apply with us. We will process their membership applications together with the loan applications.

What documents are needed to apply for a personal loan?

(1) Credit bureau report (https://www.creditbureau.com.sg/buy-my-credit-report.html)
(2) NRIC, front & back
(3) TCC Application form

For salaried employees:
(1) Latest month payslip
(2) 15 months cpf contribution statement

For self-employed individuals:

  • Latest 2 years tax notice of assessment

For gig economy individuals:

  • Latest 2 years tax notice of assessment
  • Last 6 months of income statements

What is the maximum amount you can loan?

The maximum amount you can get from your personal loan is up to 6x your monthly income. If you need assistance for a higher loan amount, it will be evaluated on a case-to-case basis.

How long is the time period allotted to pay for the personal loan?

You can choose a repayment period between 1 to 5 years.

How much is the interest rate for personal loans?

The interest rate for personal loans is at a flat rate of 6.99% per annum.

How can I contact TCC to apply for a personal loan?

You can contact us at 6319 3700 or email us at marketing@tcc.org.sg

Forms

Loan Calculator

  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.