Lowest car loan rates from 2.98%
By applying for a loan on Carro, you will be getting exclusive access to Genie Financial Services, an auto financial solution provider and subsidiary of Carro, that would offer you the best loans in Singapore.
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About Genie Financial Services
Genie Financial Services is an auto finance solution provider, that partners up with various banks and financial institutions in Singapore to offer the best rates for auto loans, and also a subsidiary of Carro.
The following are some of the loans that Genie Financial Services offers for all customers of Carro.
Frequently Asked Questions
Q1: How long does it take to get a loan?
It will take around 3-5 working days, depending on the loan you take.
Q2: Who are our partners?
We are currently working with partners such as DBS, Tokyo Century and several other partners to bring a whole range of loan services with exclusive rates to our customers.
Q3: What are the documents required for my application of the loan?
You will need the following documents:
- 1. Loan Application Form (Information of Hirer + Employment Details + Signature)
- 2. Copy Of NRIC (Front & Back)
- 3. Income Documents
- a. Last 2 years Notices Of Assessment
- b. Latest 12 Months CPF Contribution Statement or 3 month Bank Statement if Selfemployed
- 4. Copy of Enquire PARF / COE Rebate for Registered Vehicle
- 5. For Used / New Car loans - An additional Vehicle Sale Agreement is required.
Q4: What is the loan procedure like?
- 1. Send in your enquiry via a loan form above.
- 2. Our Car Heroes will reply you and ask for the submission of all required documents.
- 3. Your loan will be processed immediately upon the documents submission.
- 4. Our Car Heroes will keep you updated on the status of your loan application and proceed with further loan disbursement.
Q4: What are the processing fees involved?
It depends on the types of loan that you are applying for. To find out more information, do feel free to contact our Car Heroes.