

COE Renewal Loan
Renew your car’s COE from 2.68% interest rate.
*Terms & Conditions apply
COE Renewal Loan
Did you know that you do not have to bid for a new COE in order to renew it? Vehicle owners interested in renewing their COE can opt for their desired renewal period. All you need to do is to pay the COE Prevailing Quota Premium (PQP).
It is best to renew your car’s COE before it expires, and we recommend that you submit a loan application at least 4-6 weeks before the COE expiry date.
Here at Swee Seng, we offer a one-stop service to renew your COE installment, get a loan with attractive monthly rates from as low as 2.68%* and up to a 7 years repayment period. To help you save more time and money, all our COE Renewal processes are seamless and hassle-free with almost immediate approval.
Enjoy more savings whilst driving your beloved vehicle with Swee Seng Credit’s COE Renewal Loan.
Interest Rates & Fees
Get going with Swee Seng Credit COE Renewal Loan.
Receive the best 3 – 4 years COE Renewal Loan interest rate.
Personal Use
- COE Renewal for existing vehicle
- COE Renewal for a used car purchase with COE Renewal requirement
Calculate Your Monthly Repayments With Our Loan Calculator Online.
Try It Out Now!
COE Renewal Options
Loan Period
5 Years
5 Years Repayment
10 Years
7 Years Repayment
1 to 2 Years
2.68%
2.68%
3 Years
2.78%
2.78%
4 Years
2.98%
2.98%
5 Years
3.28%
3.28%
6 to 7 Years
N.A
3.28%
Calculate Your Monthly Repayments With Our Loan Calculator Online.
Try It Out Now!
Commercial & Private Use
- COE Renewal for existing commercial vehicle
- COE Renewal for existing vehicle for private hire (Grab / Gojek Use)
Calculate Your Monthly Repayments With Our Loan Calculator Online.
Try It Out Now!
Commercial Use
FROM
2.98%
INTEREST RATE
Private Use
FROM
2.98%
INTEREST RATE
Calculate Your Monthly Repayments With Our Loan Calculator Online.
Try It Out Now!
Why hold back with the car you love?
Features & Benefits
All our COE renewal processes are seamless and hassle-free to help you save time and money with almost immediate approval.
Affordable Fixed Repayment
Monthly Installments of 1 – 7 years
Low Interest Rate From 2.68%*
No Middleman & No Mark-ups on Interest Rates
100% No hidden / additional charges
Free Assistance & Services
Free Handling of LTA & Bank Transactions
Free Full Settlement & Car Ownership Transfer Assistance
Free Financing Advice & Paperwork Assitance
Fast, Transparent & Hassle-Free Service
Instalment Calculator
Use our Instalment Calculator to calculate an estimate of your monthly repayments for your car.
Monthly Repayment
S$687.00
Total Repayment
S$32,976
Loan Amount
S$20000
Interest Rate*
2.68%
Admin and Transfer Fee
S$540 + S$25
Inclusive of GST
Interest rates are estimated and may differ based on credit evaluation and loan amount from banks and financial institutions.
This Car Loan Calculator can only be used as a guide to help you to get a better sense of your potential monthly repayment commitments. It does not warrant the accuracy, adequacy or completeness of the figures presented. Swee Seng Pte Ltd explicitly disclaims liability for any possible errors or omissions.
Ready to apply for a loan?
Who can Apply?
Eligibility Criteria
- Applicants should be between the age of 21 – 65 years old.
- Applicable to Singaporeans, Singapore PRs and Foreigners.
Enjoy this offer in just 2 steps
1 Apply Online
Let us know the following information:
– 5 or 10 years renewal
– Loan tenure
– Vehicle logcard
2 Get A Quote
Alvin will quote and reply with application form.
Disclaimer:
Please check your inbox or spam mail.
Requirements
A few documents are required to enjoy this attractive offer.
For Individual – Local
- Latest 12 Months CPF Contribution Assessment
- Last 2 years Notice of Assessment (NOA)
- Latest 6 months computerised payslip or latest 2 months bank statement if self-employed
For Individual – Foreigner
- Billing (prove address)
- Last 2 years Notice of Assessment (NOA)
- Latest 12 Months CPF Contribution Assessment
- Last 2 Years Notice of Assessment (NOA)
For Company
- Latest 12 months CPF contribution assessment
- Last 2 years Notice of Assessment (NOA)
- Latest 6 months computerised payslip or latest 2 months bank statement if self-employed
- Latest 12 Months CPF Contribution Assessment
- Last 2 Years Notice of Assessment (NOA)
Repayment Methods
Access up to 6 different payment methods easily with just your loan number.
Interbank Giro
Preferred
Paynow
Internet Banking
ATM
Quick Cheque Deposit
FAQ
Is there any admin fee?
What is the interest rate and the repayment period?
What will my monthly instalment likely be?
How do i apply?
Is there a difference between 5 and 10 years COE renewal?
For a 10 years renewal, your car is eligible for subsequent COE renewals.
Can we assist to do full settlement?
Can I apply for the loan if I’m not the car owner?
How long will it take to renew my COE?
How long will it take for loan approval?