COE Financing
Finance Your Certificate of Entitlement (COE)
Finance your Certificate of Entitlement (COE) with one of the most competitive interest rates in town for both private cars and commercial vehicles. Retain your car on the road by renewing 5-year or 10-year COE.
Enjoy the hassle free services on your COE loan application. We strive to provide you the top notch service along the way.
Solutions
We are able to provide you COE financing solutions in:
Brand New Commercial Vehicle & Private Car Purchase
Used Commercial Vehicle & Private Car Purchase
Car Loan Application
Eligibility
- 18 years old and above*
- Singaporean and Singapore PR
- Foreigner (a local guarantor is required)*
Document Required
(For Car Or Commercial Vehicle COE Loan Application)
Company Application
1. A copy of company ACRA
2. Front and back copies of company director or sole proprietor NRIC
3. A copy of vehicle log card.
4. Income documents
– Latest 2 years Income Tax Notice of Assessment or
– Latest 3 months of Company Bank Statement
5. Complete application form
Individual Application (Self Employed & Salaried Employee)
1. Front and back copies of NRIC
2. A copy of vehicle log card
3. Income documents
– Latest 3 months of computerised payslip
– Latest 2 years Income Tax Notice of Assessment
– Latest 12 months CPF Contribution History
4. Complete application form
5. Passport, Proof of Residence and Work Permit with validity date 6 months before expiry date (for foreigners only)
Procedure
(For Car Or Commercial Vehicle Loan Application)
Car or commercial vehicle COE loan submission to Hire Purchase Department. Application can be submitted over counter or via email admin@xlmotor.com.sg
Car or commercial vehicle COE loan application processed by Credit Loan Team.
COE loan application result promise to be delivered by next business day**
**In-house loan application only.
Vehicle COE Renewal
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