Sing Investments & Finance Limited | FAQs

FAQs

The following is a list of our most frequently asked online questions.
Click on a subject heading below to view questions and answers relating to your selection.

General

You may choose to pay your monthly instalment via the following options:

i) GIRO

Please complete the GIRO application form and mail the form to us. Please note that the original copy of the form is required for us to process your application.

You may mail your application form to:

Credit Operations Department
Sing Investments & Finance Limited
96 Robinson Road #01-01 SIF Building Singapore 068899

Please note that GIRO application will take about 1 month to process, from the date the application form is received by us. Upon approval of GIRO arrangement, you will be notified in writing through a letter which will be mailed to the residential address you have provided us. Please continue to make payment until your GIRO is in effect.

ii) Cheque

You may send us a cheque payable to Sing Investments & Finance Limited at:

Credit Operations Department
Sing Investments & Finance Limited
96 Robinson Road #01-01 SIF Building Singapore 068899

Please write your loan account number and your contact details at the back of the cheque.

iii) AXS e-Station

You may pay through AXS online platform (http://www.axs.com.sg/axsEstation.php) through the following navigations:

Pay online now > Loans (under Bills Payment) > Sing Investments & Finance Limited

Please enter the required fields and follow the instructions prompted.

iv) AXS m-Station

You may pay through AXS mobile app, which is available for download at your respective app stores.

v) AXS Station

You can pay your bills at any AXS stations located island wide.

vi) CPF

You may make arrangements to service your monthly instalment through CPF (for residential property loans).

vii) SIF Branches

You may make payment at any of our branches. Please refer to the locations of our branches here

Housing Loan

SIF's housing loan is a loan that allows you to finance purchase of a private residential property which may be completed or under construction. It also allows you to refinance your existing housing loan.

Yes, you may make a partial or full repayment of your home loan. However, before you proceed, please refer to the Redemption Notice in your Facility Letter for any early repayment charges which may be levied.

You may refer to the Redemption Notice in your Facility Letter for the penalty period.

HDB Loan

SIF's HDB loan is a loan that allows you to finance purchase of a Housing Development Board (HDB) residential property. It also allows you to refinance your existing HDB loan.

It is a loan that enables you to fund your down payment to purchase a new residential property while waiting for sales proceeds from your existing property that you have sold.

Car Loan

If the purchase price (excluding COE and discounts) is $55,000 and below, the terms and conditions of your car loan will be governed under Hire Purchase Act.

No, partial redemption is not allowed. However, you may choose to opt for early settlement. Please note that we will require a notice of 7 business days for early settlement. Otherwise, an interest in lieu charge will be imposed.

The maximum tenure for a car loan is 7 years. However, if you have entered into a hire purchase agreement for the same car and this is a subsequent hire purchase, the total tenure of the first and subsequent hire purchase agreements cannot exceed 7 years.

Late payment will lead to overdue interest, and the interest will continue to accrue until the date when you make your payment.