Bugis Credit Pte Ltd is a licensed moneylender (License No. 25/2024) listed in the Registry of Moneylenders, under the Ministry of Law in Singapore.

CPF Personal Loan

Worried About Your Finances?

  • CPF Personal Loans help you get the cash you need without putting your assets at risk
  • Get up to 6 times your monthly income
  • Low-interest rates from 1% to 4% only
CPF Personal Loan

Apply For a Fast Cash Loan Online Today!

Get your approval in 30 mins by applying here

What Is A CPF Personal Loan?

CPF Personal Loan is a great way to get the cash you need without putting your assets as collateral. It is a new initiative with a similar concept to unsecured loans. With this type of loan, you will be borrowing against your CPF savings.

Perfect for unexpected expenses or emergencies, you can borrow up to 6 times your monthly income at low interest rates between 1% and 4% per month. To avail of a CPF personal loan, you can use your CPF savings to apply. It is available to individuals who are turning 55 years old.

At Bugis Credit, we will help you get the best deal possible on your CPF personal loan. We offer tailor-made personal loans only for you. Best of all, we offer hassle-free applications, quick approval, and fast funding – so you can get your money as soon as possible.

Rest assured that our loan officers will walk you through each step so you can borrow confidently!

Get Loan in 4 Easy Steps

call and apply online

#1. Call or Apply Online

Call us at 6345-9123 or simply apply online https://www.bugiscredit.sg/ to set an appointment at your convenience.

visit bugis credit office

#2. Visit Our Office

Come in for an appointment to create a customized plan that fits your needs and repayment ability.​

finalize loan plan

#3. Finalize Loan Plan

Agree on terms, including the payments and permitted fees.

receive cash instantly

#4. Receive Cash Instantly

Once the contract is signed, you will receive your cash loan.

What customers are saying

EXCELLENT 5 Star  5 star  144 reviews on loan advisor logo

Google 5.0 stars review

Bugis Credit: Reliable Licensed Money Lender Urgent Personal Loan Singapore | Foreigner Loan | Low Interest Monthly Repayment IconBugis Credit: Reliable Licensed Money Lender Urgent Personal Loan Singapore | Foreigner Loan | Low Interest Monthly Repayment

470 North Bridge Road, #02-12 Bugis Cube

5.0 219 reviews

  • Avatar RS O ★★★★★ a month ago
    Reliable, efficient and comfortable. Great service and hosting of customers. The experience from entering … More the office to settling the administrative loan was welcoming and smooth.
    Albee, thanks for making my visit effortless n ease. You have exhibited great devotion of professionalism and customer care.
    Keep up the great work Bugiscredit.
  • Avatar David ★★★★★ a month ago
    Staff were super friendly and really helpful every time especially during this pandemic situation. It's … More been over a year now and I am still experiencing great customer service. A very professional team of individuals. I am happy to have chosen Bugis Credit!
  • Avatar aviator 2016 ★★★★★ a month ago
    Very helpful and trusted money lender.
    Staff also very accommodating and helpful.
    They will give you
    … More better options.
    Can recommend to everyone
  • Avatar Jerico Lan ★★★★★ a month ago
    Fast service and super friendly staff.
    I am a long time customer and I am always satisfied with their
    … More service.
    They know how to take care of customer needs and always willing to assist.
  • Avatar Timir Mahesh Kumar ★★★★★ 2 weeks ago
    Albee was of great help. The service was great right from the beginning. Very helpful in explaining the … More entire process. Thank you.
  • Avatar Ann ★★★★★ 4 years ago
    Service was very efficient and fuss free. Customer service person was meticulous and patient in going … More through all the paperworks' terms and condition. The whole process was very effortless. Appreciate their help! Thank you.
  • Avatar Ganesan T ★★★★★ 3 years ago
    A very good experience in Bugis Credit with the company loan officer Jacob. The whole loan process is … More hassle free and professional. Good quality service. Thank you Jacob.
  • Avatar maria umali ★★★★★ 4 years ago
    Albee did such a great job guiding and explaining to me all the things i need to know. As a first timer, … More she gave me a sense of security! Fast transaction too. Thank you!
  • Avatar Ismalela Ithnin ★★★★★ 4 years ago
    Thank you to Ms Albee for helping us with the loan process, fuss free and professional. Explained all … More the details.
  • Avatar muhammad ★★★★★ 4 years ago
    It was a pleasent 1st time experience with Bugis Credit. The staff Albee was friendly and experience … More and also take the time to explained in details with me regarding the loan im taking. Will definitely recommend others to BUGIS CREDIT!
  • Avatar Rizah Abdul Majid ★★★★★ 4 years ago
    Initially, my husband and myself are skeptical abt borrowing money from license money lender but after … More reading reviews from several trusted websites, we decided give it a try as we running out of resources for our renovation loan applications. We has been rejected by many banks due to undisclose reason. We suspected that with the tight bank rules and husband's age of 50+, the banks are unable to lend us the amt requested, as we will have a shorter tenure to service the loan.
    So we decided to leave a message via whatsapp and Ms Albee from Bugis Credit returned our call in a few hours. She listened patiently to our predicament and set us an appointment to meet up the next day. Upon meet up, she greeted us with a smile and politeness and served us with packet drinks. She gave us advice on Dos and Don'ts in money borrowing matters. The loan processing was a smooth flow. Albee has made us feel welcome and at ease. We are happy with her service and would recommend Bugis Credit and Ms Albee, if you would want to take up loans with license money lender. Kudos to Bugis Credit team.👍🏻👍🏻👍🏻👍🏻👍🏻
  • Avatar Si Yanheng Edwin ★★★★★ 4 years ago
    This my first time taking a loan from Bugis Credit, they are very professional and will explain in details … More before giving a loan, flexible repayments plans which is good.
  • Avatar Shahrulfaiz Juwari (Boy Faez) ★★★★★ 4 years ago
    I'm quite a regular here. Bugis Credit has never let me down by the staffs professionalism in their … More service. Most important its fast and hassle free! Recommended!!
  • Avatar Radhiqa Rahim ★★★★★ 4 years ago
    I have taken loans here to help me pay for my studies. They take time to explain to you the process and … More ensure you understand fully. In my recent visit I was served by Jacob and he was professional and friendly.
  • Avatar Gareth ★★★★★ 4 years ago
    Went in to apply for a loan and was very happy with the service I received. Very welcoming and clear … More communication throughout the process. Highly recommended.
  • Avatar John Kevin ★★★★★ 4 years ago
    Their service is great. The loan officer explained every single detail to me until I understood all the … More personal loan terms and conditions. The admin fee and interest rate was reasonable as well. Good Licensed Moneylender!
  • Avatar Wesley Chuah ★★★★★ 5 years ago
    A very pleasant experience in Bugis Credit with the company loan officer Jacob. The whole borrowing process … More is hassle free and professional. They do give a great customer service and reliable image. A big shout out to Jacob for his customer service provided. Obviously, they are the best, safe and reliable licensed money lender in Singapore from you to seek a loan!
  • Avatar Mona Li ★★★★★ 4 years ago
    Jacob was the one who serve me, he's reliable, knowledgeable and friendly.
  • Avatar Qiqi C ★★★★★ 4 years ago
    Good and fast services. All the details explained clearly. Will recommend to those who need urgent money. … More


CPF Personal Loan

At Least 54 Years Old Individuals who are about to reach 55 years old can apply for CPF personal loan.


Minimum Salary Singapore Citizen or Permanent Resident is S$2,000

foreigner cash

Eligible to Withdraw At Least S$5,000 from Special or Ordinary Account Savings


2 person walking with formal suite

Local and Permanent Residents

  • Identity card / NRIC
  • Proof of residence (utility bill, a letter addressed to you, and or tenancy agreement)
  • Proof of employment (certificate of employment or recent 3 months payslip)
  • SingPass (to log into CPF, HDB, IRAS website)

Ready To Get Your Loan?

Request for a quotation from our friendly officers by filling out the form below

Frequently Asked Questions

A CPF personal loan is similar to unsecured loans wherein you can borrow money without putting your assets at risk. It provides instant cash for both planned and unforeseen expenditures, such as credit card bills payment, home repairs, and more. With your CPF savings, you can quickly and conveniently apply for this personal loan.

You may borrow up to 6 times your monthly salary. Plus, the interest is capped at 4% per month, regardless of your income. To qualify, you need to be at least 54 years old or turning 55 years old.

You may settle the debt as soon as you can withdraw one lump sum from your Ordinary or Special CPF account.

Whether it’s a planned or an emergency expenditure, a CPF personal loan is a great way for individuals to get the cash they need without collateral. But just like any type of loan, it’s best to exhaust all alternatives before approaching a money lender.

If a typical bank loan or government financial assistance schemes are not accessible, then a licensed money lender in Singapore is a viable option. Just make sure to verify their credibility and license. Borrowers must check the complete list of licensed money lenders on the Ministry of Law’s website.

Licensed lenders are fully compliant with the Moneylenders Act, like Bugis Credit.

Next, you must consider the following:

  • Check and compare the interest rate. Which CPF personal loan packages offer the lowest interest rate that you can benefit from?
  • Understand the loan tenure, terms, and conditions of the loan.
  • Can you afford the monthly payments?
  • Ensure that you can keep up with the repayment schedule to avoid late fees and other additional charges.

Traditional personal loans and CPF personal loans are similar in that both loans allow borrowers to get fast cash which can be used for various expenses. However, CPF loans and personal loans differ in requirements, eligibility, and the maximum loan amount you can borrow.

To be eligible for a CPF personal loan, you need to be able to withdraw at least S$5,000 from your CPF savings. Take a look at the list below for a more in-depth look:

Personal Loan

  • Must be at least 21 years old
  • Borrow up to 6x monthly income
  • 1% to 4% interest rate per month
  • 6 to 12 months loan tenure

CPF Personal Loan

  • Must be at least 54 years old or turning 55 years old
  • Borrow up to 6x monthly income
  • 1% to 4% interest rate per month
  • 6 to 12 months loan tenure or until your 55th birthday
  • Must be eligible to withdraw at least S$5,000 from Special or Ordinary Account Savings

Effective 1 October 2005, the maximum interest rate that licensed money lenders, like Bugis Credit, can charge is 4% per month, regardless of your income.

Borrowing an instant loan from Bugis Credit is the perfect solution for your financial emergencies. Unlike banks and other financial institutions, we can process your personal loan approval as quickly as 30 minutes. After the loan officer explains the terms and conditions of the loan and after signing the loan contract, you can get your cash within the same day.

Applying for a CPF personal loan can help you get the cash you need immediately at low interest rates. You can use your CPF savings to work for you when you need it most. Best of all, it requires minimal paperwork for hassle-free application.

But just like any other cash loan, if you fail to repay your CPF loan according to the repayment schedule, you will incur late interest and late fees. These additional charges will cause your outstanding balance to snowball into a massive amount that you may not be able to pay back.

Bugis Credit is a licensed moneylender in Singapore that will help you get the most suitable CPF personal loan for you.

When applying for a CPF personal loan, there’s no credit score required. However, your loan application will still be subject to evaluation to prevent you from borrowing more than what you can repay.

If you fail to repay your CPF loan, it can greatly affect your credit score and rating since licensed lenders report it to the government.

With Bugis Credit, you can borrow up to 6 times your monthly salary. However, the maximum amount you can borrow will depend on the savings you have in your CPF account.

Unfortunately, individuals over 70 years old are no longer eligible for a CPF personal loan. This loan is only available for individuals who are turning 55 years old and are eligible to withdraw S$5,000 from Special or Ordinary Account Savings.

The repayment period of a CPF Personal Loan is between 6 to 12 months or until your 55th birthday.

× WhatsApp Us