Wedding costs arrive on a schedule set by vendors rather than by your savings: deposits long before the day, balances close to it. A loan can smooth that. The honest framing is that this is discretionary borrowing, so decide the amount from what you can comfortably repay afterwards, not from the budget you would like to have. A marriage that starts with an affordable repayment is a better start than one that does not.

Who this suits

• Couples bridging the gap between vendor deposits and available savings
• Those covering a known shortfall rather than an open-ended budget
• Borrowers who have agreed the repayment between them in advance

What to bring

• NRIC, FIN or passport
• Proof of income, such as payslips, a CPF contribution history or your Notice of Assessment
• Proof of residential address
• Details of existing credit obligations, if any

Key considerations

• Interest is charged monthly on the reducing balance, up to the regulated cap
• An administrative fee applies once, at disbursement, and is deducted from the amount you receive
• Total charges can never exceed the principal you borrowed
• Borrow only an amount and tenure you are confident you can repay
• Late payment adds a fee and additional interest on the overdue amount only
• This is discretionary borrowing: set the amount by what you can repay, not by the budget you would prefer

Questions