What are the documents needed for application of Personal Loan?

Documents needed to apply for Personal Loan (Singaporean & PR)

  1. Completed Personal loan application for all applicants
  2. Photocopy of NRIC or Passport (front and back) for all applicants
  3. Income Documents for all applicants:
    Self-Employed – Latest 2 year Notice of Assessment
    Salaried – Computerized pay slips (latest 3 months) or Latest 1 year Notice Of Assessment (NOA)
  4. Original Utilities bill or mobile bill (Proof of Address)

Personal loan usually take about 1 week to approve. However some banks/ finance companies do have “1 hour approval” personal loan.

Documents needed to apply for Personal Loan (Foreigner working in Singapore)

  1. Completed Personal loan application for all applicants
  2. Photocopy of Passport (front and back) for all applicants
  3. Original Utilities bill or mobile bill (Proof of Address)
  4. Tenancy Agreement for rented property
  5. Bank statement showing salary crediting
  6. Employment Contract/ Appointment Letter
  7. Work Pass (S-Pass or Employment Pass)

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