COE Loan
Flexible COE loan solutions made simple.
A COE Loan helps you renew your vehicle’s Certificate of Entitlement without paying the full amount upfront. We offer competitive rates, flexible repayment terms, and a smooth application process—so you can continue driving with peace of mind.
Why This Makes Sense
Financing allows you to:
Preserve cash for emergencies, investments, or business operations.
Manage your budget with predictable monthly payments.
Own your vehicle immediately without paying the full amount upfront.
Leverage low-interest rates to reduce the overall cost of borrowing.
Why COE Loan
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Flexible Repayment Terms – Choose a COE loan tenure that fits your cash flow, with repayment options tailored to your budget.
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Lower Upfront Cost – Spread the COE renewal amount into manageable monthly payments instead of paying in full.
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Fast & Simple Application – Enjoy minimal paperwork and quick approval for a smooth COE renewal process.
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Better Cash Flow Management – Keep more funds available for personal or business needs while extending your vehicle’s lifespan.
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Continue Driving with Confidence – Renew your COE and keep using a vehicle you know and trust without the cost of buying new.
COE LOAN Process (Step-by-Step)
Getting your vehicle financed is simple and hassle-free. Follow these easy steps and drive away with confidence.
1. Check COE Eligibility
Confirm your vehicle’s COE renewal eligibility and decide on the COE renewal option (5-year or 10-year).
2. Submit COE Loan Application
Complete the COE loan application and submit the required documents. Our team will guide you through the process.
3. Assessment & Approval
We review your application and assess affordability. Once approved, you’ll receive a clear loan offer with repayment details.
4. Confirm & Sign Agreement
Review and sign the COE loan agreement with full transparency on terms and monthly installments.
5. COE Renewal & Fund Disbursement
The loan amount is processed, and your COE renewal is completed with the relevant authorities.
6. Start Monthly Repayments
Begin your scheduled monthly payments and enjoy continued use of your vehicle with peace of mind.
Prepare Your Documents with Ease
Our requirements are simple and straightforward to help ensure a smooth and fast financing approval.
Applicant (Non-Individual):
- Loan Application Form (signed & completed)
- ACRA / Business Profile
- Latest 3-months company Bank Statement
Applicant (Individual/Guarantor(s)):
- Loan Application Form (signed & completed)
- NRIC copy (front & back) / Digital NRIC
- Proof of Income (any one:) -
- Latest copy of NOA (Notice of Assessement) -
- Latest 12 months CPF Transaction History -
- Latest 06 months computerised payslip
- Minimum Age 21 years old
- Copy of Vehicle Sales & Purchase Agreement
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** Any other documents to provide upon request