Licensed Money Lender Personal Loan Little India

There are so many things that you can enjoy in Little India in Singapore. For example, Singapore’s many shopping-friendly malls, such as Mustafa Centre, and City Square Mall, offer you the biggest selection of world-class brands like Adidas and ASOS. 

After shopping, you can quickly stop by Muthu’s for a genuine Indian dining experience complete with delicious Chicken Tikka Masala and more.

You’ll need an excellent budget for the full Little India experience. So, if you ever need to top-up your budget, you can always count on licensed money lenders to provide you with an excellent personal loan.

What Types of Financial Products Do Licensed Money Lenders Have?

Licensed moneylenders aren’t affiliated with banks, but the government directly regulates them through the Registry of Moneylenders. This means that you’re working with a dependable and legal service for your financial needs.

Here are some products that most licensed money lenders in Singapore supply.

Personal Loan

A personal loan grants you six months of your salary that you can use for any purpose. 

• Loan Amount: Up to six months of your monthly salary
• Interest Rate: From 1-4%
• Repayment Period: Up to 12 months subject to the terms and conditions of your money lender agreement.

Business Loan

If you have a compelling startup idea, licensed money lenders are willing to hear it and help you out with the best financing possible.

• Loan Amount: Up to S $200,000
• Interest Rate: From 5-15%
• Repayment Period: Up to 24 months subject to the terms and conditions of your money lender agreement.

Payday Loan

Sometimes, you just need one more month of your pay to address utility bills, debts, and emergencies. In case this is your situation or your pay is delayed, you can always count on a payday loan to help you out.

• Loan Amount: One month of your salary
• Interest Rate: From 1-4%
• Repayment Period: Within one month or your next payday

Foreigner Loan

Foreigners in Singapore face impossible odds when borrowing cash from banks. Licensed money lenders can take care of their financing needs with a foreign loan.

• Loan Amount: Up to six months of your salary
• Interest rate: From 1-4%
• Repayment Period: Up to 12 months subject to the terms and conditions of your money lender agreement.

Monthly Installment Loan

A monthly instalment loan grants you up to six months of your salary with a regular monthly repayment period. 

• Loan Amount: Up to six months of your salary
• Interest Rate: From 1-4%
• Repayment Period: Up to 12 months subject to the terms and conditions of your money lender agreement.

Bugis Credit: Singapore’s Best Licensed Moneylender For All Your Needs

You can always trust Bugis Credit’s financial services because:

• Legal financing services: Bugis Credit is a fully licensed money lender in Singapore with license number 27/2023
• High-quality financial products: We have helped thousands of Singaporeans gain helpful financing with fair terms in the last ten years.
• Helpful staff: If it’s your first time applying for any loan, don’t worry. Our helpful team will brief you on each detail to ensure you understand everything involved in your financing.

Visit our website and fill out our easy application form to apply for an excellent personal loan in Singapore today. If you need financial assistance, head to Personal Loan Little India and we’ll help you out!