Medi-Care Loan
Are you in need to finance your medical treatments, surgeries, dental procedures and other healthcare needs to achieve a peace of mind and improved health outcomes?
Our Medi-Care Loan ensures that you can prioritize your health and well-being without undue worry!
It covers:
- Cataract Extraction & Various Eye Surgery
- Chronic Health Conditions
- Dental Problems – Wisdom Tooth Extraction & Implants
- All other MediSave deductible treatments
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)
- Main/ joint applicant must be one of the property owners
Surety (if any):
- Singapore Citizen
- Age between 21 and 55 years old
- Earning a minimum monthly basic salary of $2,000
*Terms and Conditions Apply
The Complete Guide to Medi-Care Loans in Singapore
Who can apply for a Medi-Care Loan?
TCC offers Medi-Care loans to Singapore Citizens and Singapore Permanent Residents, either salaried or self-employed and those in gig economy for the purpose of defraying expenses for essential medical treatments.
*Note: What is essential medical treatments ?
Essential Medical treatment means any medical treatments that qualifies, whether in whole or in part, from Medi-Save accounts under Central Provident Fund Act (Cap 36).
What does Medi-Care Loan Cover?
Click the link to read more:
Is there a required minimum salary to apply for a Medi-Care Loan?
Generally, as long as they earn a minimum monthly basic salary of $1,200.
Can Non-Members apply for a Medi-Care 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 Medi-Care Loan?
(1) Credit bureau report (https://www.creditbureau.com.sg/buy-my-credit-report.html)
(2) MLCB Report (https://www.mlcb.com.sg/)
(3) NRIC, front & back
(4) 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
How long can I take to repay the Medi-Care Loan?
You can choose a repayment period between 1 to 5 years.
How much is the interest rate for Medi-Care Loans?
The interest rate for renovation loans is at a flat rate of 5% per annum.
How can I contact TCC to apply for a Medi-Care Loan?
You can contact us at 6319 3700 or email us at marketing@tcc.org.sg
