DASH ADVANCE

Get a loan of up to 4x* your monthly income with a Dash Advance Personal Loan provided by Standard Chartered Bank (Singapore) Limited.
Whatever your needs may be, a Dash Advance Personal Loan is just a click away.

callus
Call our hotline for more information
6645 8180
Monday to Friday: 9am-6pm
contactme
 You may contact us for a callback.

LIMITED TIME OFFER ON DASH ADVANCE PERSONAL LOAN

From now till 31 December 2016, Dash Advance Personal Loan is offering one of the lowest interest rates1 of 5% p.a. (EIR 9.86%p.a.)2 on loan amounts below $75,000 at a loan tenure of 36 months.

1Based on a comparison of the published rates offered on personal loans across selected banks in Singapore for a loan amount below S$75,000 at a 36-month loan tenure, as at 1 January 2016.
2Based on average loan amount of $25,000, inclusive of a $199 annual fee. Dash Advance 5% p.a. Interest Rate 2016 Promotion Terms and Conditions apply.
Click here for full Terms and Conditions

FEATURES

LOW INTEREST RATES

  • Interest rates as low as 4.98% pa. (EIR of 9.21% p.a.**) depending on your approved amount and tenure.

UP TO 4X YOUR MONTHLY INCOME

  • Up to 2x your monthly salary if your annual income is between $20,000 and $29,999.
  • Up to 4x your monthly salary (or max of $200,000*) if your annual income is $30,000 and above.

Dash Advance Personal Product Loan Terms apply. Visit dash.com.sg/terms-and-conditions for full terms and conditions.

RATES TABLE

Interest rates from as low as 4.98% p.a. (Effective Interest Rate of 9.21% p.a.**) depending on your loan amount and repayment period

Approved Loan Amount
$75,000 and above $74,999 to 15,000 $14,999 to $5,000 $4,999 and below
Loan tenure AR (% p.a.) EIR 1(% p.a.) AR (% p.a.) EIR 2(% p.a.) AR (% p.a.) EIR 3(% p.a.) AR (% p.a.) EIR 4(% p.a.)
1-year 4.98** 9.44** 7.8 16.01 8.58 19.34 9.8 27.56
2-year 4.98** 9.49** 7.8 15.35 8.58 17.76 9.8 23.14
3-year 4.98** 9.41** 5~ 10.00~ 5~ 10.85~ 5~ 12.84~
4-year 4.98** 9.31** 7.5 14.06 8.38 16.08 10.8 21.80
5-year 4.98** 9.21** 6.88 12.75 8.08 15.16 10.8 20.92

AR: Applied/Flat Interest Rate EIR: Effective Interest Rate
For illustration, EIR is calculated taking into consideration the first year annual fee of $199; and

1 is based on average loan amount of $100,000
2 is based on average loan amount of $20,000
3 is based on average loan amount of $10,000
4 is Based on average loan amount of $4,000.

The Applied Rates of 4.98% p.a. is valid for Dash Advance applications submitted and approved by 30 June 2016. Click here for the promotion terms and conditions (Updated as of 9 September 2016).

The Applied Rates of 6.88% p.a. is valid for Dash Advance applications submitted and approved by 30 June 2016. Click here for the promotion terms and conditions (Updated as of 9 September 2016).

The Applied Rates of 5% p.a. is valid for Dash Advance applications submitted and approved by 30 June 2016. Click here for the promotion terms and conditions (Updated as of 9 September 2016).

~5% Rates are only applicable for applicants with an applied loan amount below $75,000 for Dash Advance applications submitted from 1 January 2016 to 30 June 2016.

** Interest rate applies for approved loan amount of $75,000 and above, the EIR is calculated taking into consideration the first year annual fee of $199 and is based on the average loan amount of $100,000 and loan tenure of 5 years.

ARE THERE ANY FEES & CHARGES?

 

YOU’LL NEED TO PAY FOR

HOW MUCH?

YOU’LL NEED TO PAY FOR & HOW MUCH?

First year’s annual fee
First year annual fee will be deducted from your approved loan amount
$199

YOU’LL NEED TO PAY ONLY IF YOU’RE LATE FOR PAYMENTS

HOW MUCH?

You’ll need to pay only if you’re late for payments & how much?

Subsequent annual fees until end of tenure
If we do not receive your payment by the due date for any month in the past 12 months
$50 per year
Revised EIR
Applies if payment is not received by payment due date twice within 6 consecutive months
4% p.a. will be added to the original EIR on your entire Dash Advance outstanding balance. Revised EIR will be reinstated to original EIR if payment due is made in full by the payment due date for 6 consecutive months.
Late payment charges
If we do not receive minimum payment by the due date
$60 (with effect from 1 November 2016, this will be revised to $80) will be charged if minimum payment is not received by the due date. If instalment amount is not received by the due date, and a balance is carried forward from the relevant statement, finance charges will be calculated on a daily basis at the EIR of 24.455% p.a. (with effect from 1 November 2016, will be revised to 25.9% per annum).

YOU’LL NEED TO PAY ONLY IF YOU
MAKE CHANGES

HOW MUCH?

You’ll need to pay only if you make changes & how much?

Early redemption fee
If you repay in full before your repayment period
$250 or 3% of outstanding principal, whichever is higher
Tenure change fee
If you change your repayment period
$50 per change

ARE YOU ELIGIBLE FOR DASH ADVANCE?

Nationality and Minimum Annual Income

  • Singapore Citizen and Singapore Permanent Resident with minimum annual income of S$20,000.
  • Foreigner (with Employment Pass) with minimum annual income of S$60,000.
    • Foreigners must hold P1, P2 or Q type Singapore Employment Passes
    • Q Pass holders must have minimum 1-year validity remaining on their passes

Age Requirement

  • Between 21 to 65 years old.

Mobile Phone Carrier

  • You can sign up for Dash Advance regardless of your telco relationship, all Singtel, Starhub and M1 mobile customers are welcome.

IF YOU HAVE ANY OF THE FOLLOWING PRODUCTS WITH STANDARD CHARTERED, PLEASE NOTE:

YOUR STANDARD CHARTERED PRODUCT TYPE

HOW YOUR STANDARD CHARTERED CREDIT CARD ACCOUNT WILL BE AFFECTED

Credit Card with $500 limit

If you hold any of our Credit Cards with a credit limit of $500 and your annual income ranges from $20,000 to $29,999, your Credit Card account will be closed upon approval of the Dash Advance Personal Loan.

Any Credit Card other than the above

Your available credit card limit may be used for your Dash Advance Personal Loan

Personal Credit

Your line of credit may be converted into a Dash Advance Personal Loan

Dash is a collaboration between Telecom Equipment Pte Ltd (“Singtel”) and Standard Chartered Bank (Singapore) Limited (“Standard Chartered” or the “Bank”), where payment services are provided by Singtel and banking products are provided by Standard Chartered.

Please refer to our Customer Terms, Current/Cheque/Savings Account and Time Deposit Terms, Personal Loan/Personal Line of Credit/Overdraft Terms, Dash Advance Personal Loan Product Terms for the full terms and conditions, and visit dash.com.sg/terms-and-conditions for the latest promotion terms and conditions. Click here for Standard Chartered Privacy Statement.

* If your annual income is $30,000 and above, your maximum combined credit limit is up to 4x your monthly income subject to a cap of $200,000. If your annual income is $20,000 to $29,999, your maximum combined credit limit is up to 2x your monthly income.

** Interest rate applies for approved loan amount of $75,000 and above, the EIR is calculated taking into consideration the first year annual fee of $199 and is based on average loan amount of $100,000 and loan tenure of 5 years. Dash Advance 4.98% p.a. Interest Rate Promotion Terms and Conditions apply. (Updated as of 31 December 2015). Approved loans with applied interest rate of 4.98% p.a. are not eligible for the Dash Advance Personal Loan 2016 Promotion.