TCC Credit Co-operative Limited offers personal loans to Singaporean salaried individuals, self-employed individuals and students. The interest rates offered by TCC are low in comparison to most banks and institutions in Singapore. So if you are looking for access to funds and wish to apply for a TCC personal loan to take care of an uninvited cash crunch, venture out into business or go on a long vacation, here is what you need to know!
Banks and Co-operative institutions offering loans to citizens have certain eligibility conditions that need to be met. As for TCC, applicants are required to satisfy the eligibility parameters corresponding to income, age and employment. Here is how you can be eligible for the TCC personal loan:
The interest rate on the TCC personal loan is 6.99% p.a. This is a flat interest rate. Applicants can request for a loan amount that corresponds to their income level and usually, an amount equivalent to four times the monthly income will be approved and sanctioned.
Front and back copy of NRIC/Passport (NRIC for Singaporean citizens and Passport for foreigners).
For salaried employees,
For commissioned earners,