Trust Bank Instant Loan
Secure ultra-low rates from 1.08% p.a. EIR, fast approval within 60 seconds, and fully flexible repayments from 3 to 60 months. Simple and digital.
Trust Bank’s Instant Loan offers one of the lowest rates in Singapore, starting from just 1.08% per annum (EIR from 2.43% p.a.) for both new and existing customers. Borrowers enjoy the flexibility to choose repayment terms from 3 to 60 months, allowing you to fit your repayments to your lifestyle and needs. For those looking for instant cash with minimal fuss, approval and disbursement are typically completed in under 60 seconds when applying via the Trust App.
The application process is straightforward. To begin, download the Trust App. Login or register, select the Instant Loan option, enter your desired loan amount and tenure, and review the summary before applying. After approval, your funds are immediately credited to your Trust savings account and you can view your schedule for monthly repayments right in the app.
How to Apply: Step by Step
- Download and open the Trust App on your smartphone.
- Login (existing users) or register for a new account (new users).
- Select ‘Instant Loan’ in the app menu.
- Choose your loan amount and repayment period (3 to 60 months).
- Submit your application, and upon approval, receive instant cash in your Trust account.
Advantages of Trust Instant Loan
Trust Instant Loan stands out for its incredibly low rates starting from 1.08% p.a. (EIR from 2.43% p.a.), plus rapid approval and funding in under a minute. Flexible repayment options allow you to tailor your borrowing to your own budget, whether you need just a few months or up to five years. There are no processing or hidden fees, which ensures you get the advertised offer if you qualify.
Downsides to Consider
Borrowers should note the 3% early repayment fee if you plan to pay off your loan before the end of the term. Additionally, for loans granted from 25 February 2026 onwards, a first-year annual fee of 0.88% applies. Approval is subject to credit checks and eligibility, so not all applicants may qualify for the lowest rates.
Our Verdict
Trust Bank’s Instant Loan is ideal for Singaporeans and PRs wanting fuss-free, low-cost personal loans with fast approval. While there are some fees and eligibility criteria to weigh, the digital-first process, transparent pricing, and flexible terms make it a top option for short- or medium-term borrowing in Singapore.
