Updated December 24, 2025
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Terms & ConditionsAnnual Interest Rate
Effective Interest Rate
Processing Fee
Minimum Loan Amount
Monthly Repayment
Check EligibilityStandard Chartered (SCB) has a robust net worth of 92 billion according to its recent 2021 report. It is one of Singapore’s most prestigious banks that provides personal loans to Singaporeans, PRs and employment pass holders. Standard Chartered’s CashOne loan grants competitive financing options to conscious borrowers with its low-income requirement and reasonable interest rates.
This personal loan has favorable annual interest and effective interest rates, currently their annual fixed rate is at 2.88% and their EIR at 5.43% (Effective Interest Rates). There is a customization policy that affects the interest estimates so your rates and conditions may be adjusted from the published rate.
It is noteworthy that each Standard Chartered CashOne loan is unique and tailored to meet the client’s needs. However, certain conditions may influence the total loan cost and interest rate.
Interest rates can vary widely depending on the borrower’s credit score, loan amount, and other factors. The Standard Chartered’s CashOne personal loan offers competitive interest rates, making it an attractive option for customers looking for affordable financing.
Loan amounts ranging from S$1,000 to S$250,000, depending on the borrower’s needs and financial situation. This flexibility allows customers to access the amount of cash they need without being burdened by a large loan that they cannot afford.
Repayment terms are another crucial factor to consider when evaluating Standard Chartered CashOne Personal Loan. The repayment period can range from 12 to 60 months, giving customers the option to choose a repayment schedule that fits their budget and lifestyle. Longer repayment periods may result in lower monthly payments but may also increase the overall cost of the loan due to additional interest charges.
In conclusion, Standard Chartered’s CashOne Personal Loan offers customers a flexible and convenient financing option. When evaluating the loan, customers should consider factors such as interest rates, loan amounts, repayment terms, fees, and charges. Additionally, customers should be aware of the loan’s impact on credit scores and make timely repayments to maintain a positive credit history.
*Today's Moneylenders Rates - 24 December 2025
The bank places an introductory annual fee of $199 (from the total amount) which prevents you from paying additional charges except if you miss an installment. A missed installment incurs a fee of $50 annually for the past 12 months.
This loan is suitable for larger amounts. A $10,000 loan incurs $199 of fees. Regardless of the current estimated interest rate of 3.48%, however, with the right arguments, you might be able to negotiate your total loan cost.
| Loan Duration | AIR | Fee | EIR | Total Cost | Monthly Payment |
| 1 Year | 1.60% | $0 | 3.07% | S$10,160 | S$847 |
| 2 Year | 1.60% | $0 | 3.07% | S$10,320 | S$430 |
| 3 Year | 1.60% | $0 | 3.07% | S$10,480 | S$291 |
| 4 Year | 1.60% | $0 | 3.07% | S$10,640 | S$222 |
| 5 Year | 1.60% | $0 | 3.07% | S$10,800 | S$180 |
All residents of Singapore (citizens, permanent residents, foreigners) aged between 21-65 with valid employment are eligible to apply for the CashOne loan.
Potential loan applicants must have an annual income of at least $20,000 and $60,000 for citizens and foreigners respectively. So, individuals with annual incomes below $30,000 can benefit from the Standard Chartered CashOne personal loan package.
SingPass holders who are prospective or current clients are required to offer the front and back copy of their NRIC document, e-payslip or their most recent 6 months’ CPF contribution history statement via the MyInfo platform.
Individuals considering large loan figures should submit their income tax notice of Assessment (NOA) with other standard documents listed above.
Although several banks do not demand any processing fees or introductory annual fees, Standard Chartered Bank (SCB) charges an initial annual fee of 1.99% of your approved loan. You don’t have to pay any more processing fees after the first year unless you miss any installment. if it occurs, you will have to pay an extra $50 annually for outstanding installments for the preceding 12 consecutive calendar months.
For large loans, the 1.99% initial annual fee makes Standard Chartered CashOne an excellent choice. Here is an illustration for you.
When you obtain a $10,000 loan, you will pay 1.99% of your principal loan amount i.e. 1.99% of $10,000 is $199. So, your total annual interest is $199. Although Standard Chartered interest rates are advertised as starting from 3.48%, working up to an EIR of 10.4% and above
Visit the ROSHI marketplace and use the Standard Chartered site link.
With Singpass Myinfo Standard Chartered will obtain your verified information including your income and reduce the application process. The approval page will appear within minutes of submitting your myinfo details.
As per bank requirements, documents are required for revision and approval.
The list of documents include:
Settle all fees (option fee, option exercise fee to the seller as well as the relevant buyer’s stamp duty fee in case you are purchasing a private property).
On approval your confirmed loan amount will be disbursed in 15 minutes (business days only)
Convenient online application with SingPass for swift processing and approval
Available to Singapore Citizens, PRs and foreigners with valid employment or employment pass between age 21 to 65
New to bank customers can apply
Loan disbursement within 15 minutes
No instant loan disbursement
Initial annual fee of 1.99% deducted from your approved loan
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