COE Car Loan

coe-car-loan-form

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COE Car Loan

Drive home your dream car with our COE Car Loan

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Features & Benefits

  • Features & Benefits
  • Monthly Instalment Calculator
  • Eligibility
  • Terms & Conditions
  • FAQ

Financing

Borrow up to 70% of the purchase price or Bank's Valuation of the car, whichever is lower.

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Loan Tenor

A maximum loan period of up to 7 years.

 

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Attractive Interest Rates

Enjoy fixed monthly instalments based on a flat interest rate.

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S$

Minimum S$10,000

months

Choose between 12 and 84 months

%

EIR {{value}}% p.a.

This is an indicative rate. Speak to your dealer for the latest rate.

*EIR refers to Effective Interest Rate

This calculator is intended to be used for illustrative purposes only.


Requirements: 

iconImage-/content/dam/global/icons/tick-2020.png Vehicles between 10-18 years old or those with expiring COEs
iconImage-/content/dam/global/icons/tick-2020.png A Singaporean citizen, permanent resident or foreigner with valid documentation 
iconImage-/content/dam/global/icons/tick-2020.png Applicants must be 21 years old or above
iconImage-/content/dam/global/icons/tick-2020.png An individual or non-individual including sole proprietors, partnerships, private limited companies and public listed companies 




Standard Terms and Conditions Governing Hire Purchase Agreements

Declaration

Guarantor Declaration

Standard Pricing Schedule

Electronic Signature Terms & Conditions

GIRO Application Form

Letter of Guarantee




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How do I apply for a COE Car Loan?

Please click here or send an email to hp@hlbank.com.sg and our loan specialist will contact and guide you on the process within three working days.


What is the maximum loan amount and the maximum tenor available?


Years of COE Renewed Maximum Loan Amount Maximum Loan Tenor
5 years 70% of purchase price or Bank's valuation, whichever is lower Up to 4 years
10 years 70% of purchase price or Bank's valuation, whichever is lower Up to 7 years

How can I pay my instalment?

1) Cash - Please note that cash payments have to be made at our branch 

2) Cheque - Payable to "HL Bank" 

3) Interbank GIRO - Download the GIRO form here

4) Bank Transfer (Do not transfer to any other bank code or account number)

  • Bank Code: 7287
  • Branch: 001
  • Account No.: 10639000000
  • Remarks: HP AGREEMENT NO./ VEHICLE REGISTRATION NO. 

How do I request for early settlement?

Please call our HL Bank Contact Centre at +65 6349 8330 to speak to our Customer Service Officer (Monday - Friday, 9:00AM to 6:00PM). Please note that the bank will not provide any details with regards to early settlement via SMS or messages through any external communication apps. Please contact us immediately for verification when such a message is received.




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External Link Disclaimer

If you click ‘Continue’, you will leave the HL Bank website to access a third party website ("Third Party Website").

HL Bank has no control over the Third Party Website and has no liability in connection with your use of the Third Party Website.

HL Bank is not liable for how any information you may provide on the Third Party Website is handled or treated, or for any loss incurred in connection with you accessing the Third Party Website. HL Bank makes no warranties, representations or undertakings about the Third Party Website.

 

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