Do i qualify for a loan?
You are eligible to apply with Power Credit if you are:
A Singaporean Citizen, Permanent Resident or Foreigner
Aged 21 years and above
Have Full-Time Employment
What is the maximum amount of money i can borrow?
You may borrow up to a Maximum of twice your monthly salary
What do i need to present upon application?
For Singaporeans and PR
- Last three months payslips
- Past 15 months CPF Contribution Statements
- Income Tax Statements
- Original Utilities bill or HP bill (Show Proof of Address )
If you are a Foreigner working in Singapore
- Latest 3 months payslips
- Tenancy Agreement for rented property
- Bank statement showing salary crediting
- Employment Contract/ Appointment Letter
- Work Pass (S-Pass or Employment Pass)