Downloan
What is Down-Loan
Down-loan is the process of reducing your loan amount together with each interest payment.
You can find out more about our down-loan services at any Maxi-Cash store or via Maxi-Cash App.
Can I pay for Down-loan using credit card?
According to the regulations of Monetary Authority of Singapore (MAS), credit cards are considered as loan facility offered by banks.
As such, down-loans cannot be paid using another loan facility.
What is the minimum / maximum that I can down-loan from Maxi-Cash App?
Down-loan is the process of reducing your loan amount together with each interest payment.
Depending on your outstanding loan amount, the down-loan amount will be automatically calculated.
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