Cash Mart Pte Ltd is one of the very few licensed moneylenders in Singapore that strictly operates independently where clients information are kept fully confidential and not distributed. As a licensed personal loan moneylender in Singapore, we do not advertise nor solicit any advance fees for pre-approved loans through SMS, over the phone or emails. In case of any issues, contact us at 6397-4111 or

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About the Product

Am I Eligible to Apply for a Cash Mart Loan in Singapore?

To be eligible, the loan applicant must be:

  • A Singaporean Citizen, a Permanent Resident, or a foreigner with a valid working permit.
  • At least 21 years old.
  • Have not declared bankruptcy or will be facing a bankruptcy proceeding in the near future.
  • Employed with CPF contribution or can provide payslips for the last 3 months and self-employed with the income tax assessment, ACRA, NEA license (if any) or vocational license (if any).

How Much Can I Borrow?

As mandated in the Moneylenders Act, you can borrow:

  • Up to $3,000 if you are a Singaporean or a Permanent Resident earning less than $20,000 a year.
  • Up to 6 times your monthly income if you are a Singaporean or a Permanent Resident earning $20,000 or more a year.
  • Up to $500 if you are a foreigner residing in Singapore earning less than $10,000.
  • Up to $3,000 if you are a foreigner residing in Singapore earning less than $20,000.
  • Up to 6 times your monthly income if you are a foreigner residing in Singapore earning $20,000 or more a year.


What Are The Requirements to Apply For a Loan?

For Salaried and Commission-based Employees 

  1. ID Card (NRIC)
  2. Any latest bill indicating your current residential address (Proof of Billing)
  3. Latest 3-month original payslip if you have no CPF contribution
  4. Letter of employment if you are a new employee

For Self Employed

  1. ID Card (NRIC)
  2. Notice of Assessment  indicating trade income
  3. Accounting/Corporate Regulatory Authority (ACRA)
  4. Any latest bill indicating your current residential address (Proof of Billing)

For Taxi Drivers

  1. ID Card (NRIC)
  2. Vocational license
  3. Taxi pass
  4. 7-day job summary
  5. Any latest bill indicating your current residential address (Proof of Billing)


Do I Need a Co-Borrower?

No. We do not require a co-borrower.

What Is The Interest Rate For a Cash Loan?

We charge no higher than 4% a month.

What Are The Other Fees You Charge?

As permitted in the Moneylenders Act, we charge the following: 

  1. A late fee not exceeding $60 for each month
  2. An upfront administrative fee not higher than 10% of the principal loan amount. This is charged when the loan is granted.
  3. Legal costs ordered by the court for a successful claim after the recovery of the loan

The total charges consisting of interests, late interest, upfront administrative and late fee will not exceed the amount of your principal loan.

Can I Apply For a New Loan After Paying My Previous Loan?

Yes, you can. In fact, if you have a good repayment behaviour and record you can get a new loan with a larger amount provided that it will not exceed the maximum amount as mandated in the Moneylenders Act.


Can I Apply For a Higher Loan Amount?

Yes. After you have fully settled your current loan without late payment records, we can offer a higher loan amount.


Can Grab Drivers Apply For a Loan?

Yes. You will need to submit your proof of billing, car rental agreement and proof of income.

Application Process

Where And When Can I Apply For a Cash Loan in Cash Mart?

You can visit us at 277, Balestier Road (326729). We are open from Mondays to Fridays from 11 am to 7:30 pm. On Saturdays, we are open from 11 am to 6 pm. We are closed on Sundays and public holidays.

We also have online loan applications where you can immediately set an appointment with us via our website.


Can I Get a Bad Credit Personal Loan?

We still grant a loan to borrowers with bad credit score though the loan amount will be discussed based on your financial capacity.

We will help you plan a manageable loan term that you  can meet with ease to ensure responsible lending as well as borrowing


How Loan Is The Loan Process?

If you are able to immediately provide all the required documents, the process can be as short as 30 minutes. If approved, you will get your cash after you sign your loan contract.


Payment of Loan

Can I Use UOB PayNow to Repay My Loan?

Yes. You can repay your loan with us using PayNow. Our Unique Entity Number (UEN) is 201423869N.


What Are The Other Ways to Make a Repayment?

You can make repayments through island-wide ATM deposit. You can also use the online transfer to any of our local bank accounts.

You can also directly make your repayment in our office. We will issue a dated and signed receipt every time you repay your loan.

Keep all statement of accounts and receipts of payments as your documentation.


Will There Be An Pre-Payment Penalty If I Settle My loan Early?

No. There is no penalty for loans which are settled before the agreed due date. In fact, the earlier you settle, the faster you can get a new loan.


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We Take The Stress Out of Borrowing
With 4 Simple Steps

  • Sign-Up Online

    Fill up our loan inquiry form after using the online loan calculator. Get a call from our loan officer to schedule your visit with us.

  • Verify Information

    Visit us and bring your personal documents. Our loan officer will verify your information as part of our due process.

  • Get Funds

    Get your funds in as fast as 30 minutes after signing your loan agreement with us.

  • Repayment

    Make sure to repay your loan on time to get a hassle-free higher loan amount. Pay through PayNow, bank transfer or in-person.

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