Earlier it was challenging to get loans. The waiting time and processing time was more. But as days are passing, the loan process is becoming straightforward. Nowadays, you can even get loans within minutes. These are mostly personal loans you can apply for. But there are some banks which provide instant credit for business as well.

You can easily apply for business loan Singapore online. There is no need to visit the bank. Not only is the processing timeless, but you can also easily get the loan amount in a few minutes.

It is as simple as applying for a credit card. There are many online apps which helps you to get instant loan. There is no need to provide security. You can simply use the app and get the loan you want.

Ten Easy Loans You Can Apply For:

• CashOne Personal Loan:

This loan is offered by Standard Chartered bank. It is a type of personal loan. You can easily apply for this loan online. The application process is simple and easy. If you get the approval, you will get the money in just 15 minutes. The interest rate of this loan is also very less. You can also enjoy cashback along with it. The interest rate can start at 8.04%.

You will get a $199 cashback on this loan. You can get an additional 50% off and 20% cashback as well. The maximum amount of loan is $250,000. You have to pay back this amount in 1 to 5 years’ time.

The eligibility for this loan is 21 to 65 years of age. Your minimum yearly income should be $20,000.

• DBS/ POSB Personal Loan:

To get this personal loan, you need to use the digibank app. You also need to be an existing customer of the bank. If you fulfill these criteria, you can easily apply for this loan. This is one of the best and easiest method to get a loan. All your information is already ready with the bank. They already fill up your form as that you can take the loan anytime you want. All you need to do is check the amount and apply for it. The application process is instant. After that, you will get the money in minutes. You need a credit card from this bank to get this loan.

If you don’t have it, you need to apply for the card first. It takes five days. The borrowing limit is 4X monthly income. If you earn more than $120,000, you can apply for a higher limit. You will get 10X monthly salary. You have to pay it back in 1 to 5vyers. The rate of interest is 7.56%.

You have to be a resident, and your age should be 21 to 65 years. Your yearly income should be $30,000.

• OCBC Extra Cash Loan:

You can apply for this instant loan if you are an existing customer. You can get up to 6X monthly salary with this loan. If you want to avoid filling all the details, you can use MyInfo. This way, you will get a prefilled form. The approval is instant.

You have a choice in the tenure. You can choose from 1 to 5 years. The interest rate is more than the others. You have to pay a 10.96% interest. It also includes processing fees. If you have a yearly income low than $30,000, you have to pay only $100 fees.

To use this service, you need to be a permanent resident. The age should be more than 21 years. Your yearly income needs to be $30,000.

• HSBC Personal Loan:

When you take a personal loan from this bank, you can increase the tenure by seven years. This way, you can easily make the payment without any problems. You can get an 8X monthly salary. The interest rate is just 7%. Suppose you will get an instant approval for this loan. However, you will get the money in a few days.

To get this loan, you need to be a permanent resident. The age should be more than 21 years. Your yearly income needs to be $30,000.

• UOB Personal Loan:

If you are looking for a loan with a lesser amount, it is perfect. You can get a minimum of $1000 loan. It is affordable. You can easily make the payment in installments. The interest rate is 7.75%. The tenure is from 1 to 5 years. You need to be an existing customer to get this loan. The minimum income should be $30,000.

• EZloan:

Here, you will get different types of loans. You can get a personal loan, business loan, foreign loan, wedding, and study loan. They offer reasonable loans. You will get financial consultation before getting the loan. You can immediately borrow money from here. You will get instant cash, longer tenure, and fast approval.

• Credit Master:

They provide low-interest loans. You can get a wide range of loans from here. They offer wedding, car, study, health, and personal loans. The application process is quite simple. It is not a bank. They are money lenders. They provide faster loans.

• Lending Bee:

They provide loans at a faster speed. You can get multiple loans like rental, refinancing, renovation loans, etc. They are money lenders. You can get a loan in just 3 minutes. You will get the money in your account. They provide low-interest rate loans.

• Link flow Capital:

They provide loans form SMEs. You can easily get a business loan and free assessment here. They provide business loans in 3 to 5 days. The chances of rejection are also quite less—the charge fewer interest rates. You can use their service to compare different business loans.

• Cash Advance:

You can get an instant loan from $100 to $1000. You can easily get a short term loan. You can compare all the loan types before choosing the one. You will get approval in 5 minutes. You will get the money in 24 hours. Your income should be $1000 a month to get this loan.

These are the ten easiest loan Singapore you can apply for. You don’t need to follow the complication process to get the loan.