POSB iHP Care
Terms & Conditions Under Hire Purchase
The terms and conditions will depend largely on the price of your car:
- Price of car (exclude COE) <= S$55,000.00
- Terms and conditions are governed under Hire Purchase Act
- Loan interest rate is computed on Fixed Rate Flat Add-On basis
- Price of car (exclude COE) > S$55,000.00
- Terms and conditions are governed by Common Law
- Loan interest rate is computed on Fixed Rate Flat Add-On basis