Marriage Loan
A wedding is for a day, but a marriage is for a lifetime. Make your wedding a lifetime memory for your loved ones. TCC Credit Co-operative provides flexible and affordable Marriage Loan for all couples when they are in need.
Maximum loan amount:
Up to 6 times of income
Repayment period:
Up to 5 years
Interest rate:
5% p.a.
Eligibility Criteria
Main / Joint Applicant:
- Singapore Citizen or Singapore Permanent Resident
- Age between 21 and 60 years old
- Earning a minimum monthly basic salary of $1,200
- Open to salaried or contract staff, self-employed, private hired drivers
- TCC Membership application will be processed together with loan application (for non-members)
Surety (if any):
- Singapore Citizen
- Age between 21 and 55 years old
- Earning a minimum monthly basic salary of $2,000
The Complete Guide to Marriage Loans in Singapore
Who can apply for a marriage loan?
TCC offers renovation loans to Singapore citizens and Singapore permanent residents, either salaried or contract employees, self-employed and those in gig economy.
Is there a required minimum salary to apply for a marriage loan?
Generally, as long as they earn a minimum monthly basic salary of $1,200.
Can non-members apply for a marriage loan from TCC?
Non-members are welcome to apply with us. We will process their membership applications together with the loan applications.
What documents are needed to apply for a marriage loan?
(1) Credit bureau report (https://www.creditbureau.com.sg/buy-my-credit-report.html)
(2) NRIC, front & back
(3) TCC Application form
For salaried employees:
(1) Latest month payslip
(2) 15 months cpf contribution statement
For self-employed individuals:
- Latest 2 years tax notice of assessment
For gig economy individuals:
- Latest 2 years tax notice of assessment
- Last 6 months of income statements
What is the maximum amount you can loan?
The maximum amount you can get from the marriage loan is up to 6 times of income or $10,000, whichever value is lower.
How long is the time period allotted to pay for the marriage loan?
You can choose a repayment period between 1 to 3 years.
How much is the interest rate for marriage loans?
The interest rate for marriage loans is at a flat rate of 5% per annum.
How can I contact TCC to apply for a marriage loan?
You can contact us at 6319 3700 or email us at marketing@tcc.org.sg
