1. Why should I use CARPITAL?

    CARPITAL does not have any hidden fees or charges. Your car loans are personalized according to your financial needs. We offer the best rates, flexible loan amount and repayment terms to get you more savings! In addition, we have direct access to 9 banks so you do not need to worry about the waiting time to get your car loan.

  2. How do I loan from CARPITAL?

    You may fill in the application form and wait for our finance experts to get back to you as soon as possible.

    Other than that, feel free to WhatsApp us at +65 9696 6138 or email us at [email protected] should you want to apply for a car loan.

  3. What documents do I need to prepare beforehand?
    • Proof of Income
      • Computerized pay slips or Notice of Assessment of IRAS
      • Latest 3 months bank statement if you are self-employed
    • NRIC
    • Vehicle Sales Agreement (optional)

  4. How long does it take for my loan to be approved?

    The approval process usually takes 24 to 48 hours. Once your loan is approved, we will inform you immediately.

  5. Are there any hidden fees or charges?

    We do not have any hidden fees involved, so you do not have to worry!

  6. What is the best interest rate that you provide?

    The interest rates for both new as well as used cars are not too far apart, generally ranging from 1.68% to 2.78%. Feel free to contact us directly so we can help you get the best interest rates tailored to your needs!

  7. I do not have a good credit history with credit card companies. Can I still apply for a loan for CARPITAL?

    We accept all users depending on their credibility. You may still apply for a loan here. Our finance experts will get back to you as soon as possible.

  8. I want to sell my car. Is it possible?

    Yes, CARPITAL will help you take care of all the paperwork which includes your loan full settlement and ownership transfer.

  9. Does the car loan include credit and motor insurance?

    Unfortunately, car loans do not cover insurance and other registration fees that you have to pay at the time of buying the vehicle.

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