Car Finance

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Eligibility & Documents

Tokyo Century Group has a wide network of dealers for you to select the vehicle of your choice and
we will be of Your Financing Partner to assist you in driving away your dream car.

Eligibility

To qualify for our Car Finance, you must be:

  • At least 21 years of age
  • Singapore Citizen or Singapore Permanent Resident. Foreigners with Employment Pass must furnish a local guarantor
  • Earning a minimum monthly income of at least 3 times your monthly installment.
  • Age together with loan term must not exceed 65 years old.
  • Documents required prior to approval to speed up your loan approval lead time:
  1. Copy of IC
  2. Copy of Acknowledgement Page (request through Singpass)
  3. Copy of Income Proof (latest Income Tax or 6 months CPF Contribution or 3 months payslip); for Sole Proprietor (latest 3 months Bank Statement)
  4. Sales and Purchase Agreement

Documents Required

  • Identification documents
    • Singapore Citizen / Permanent Resident:
      • Copy of NRIC (front and back) OR
    • Foreigners:
      • Copy of Passport
      • Copy of Employment Pass
      • Any official documents proven with valid address, eg. Utility bills
  • Income documents
      • Copy of latest Income Tax Notice of Assessment (2 years for Self-employed); or
      • Copy of latest 3 months computerized payslip from current employer; or
      • Copy of latest 12 month CPF Contribution Statement
  • Vehicle registration card / Log card * New car: Not necessary
  • Complete Hire Purchase Application Form

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Got questions?

Check FAQ or talk to a specialist