To pay a car loan click on the 'Add recipient' button and select 'Supplier' on your dashboard.
Step 1 - Add your Provider as a Supplier
You will need to add the provider that issued the car loan as a supplier.
The table below provides the details of some Singapore car loan providers. We recommend confirming the bank details relevant to your loan with your provider.
You may make a payment to a provider not included on this list as long as they accept bank transfer to their account as a form of payment.
Car Loan Provider
BMW Financial Services Singapore Pte. Ltd.
Mercedes-Benz Fleet Management Singapore Pte. Ltd.
Mercedes-Benz Financial Services Singapore Ltd.
Mitsubishi HC Capital Asia Pacific Pte. Ltd.
Hong Leong Finance Ltd
Sing Investments & Finance Limited
Standard Chartered Bank (Singapore) Limited
Standard Chartered Bank - SCBLSGSG
Check with Loan Provider
TOYOTA Financial Services Singapore Pte. Ltd.
❗ Please note that for Singapore, car loan payments cannot be made to the following providers: DBS, Maybank, OCBC and UOB.❗
Step 2 - Enter payment details.
Enter how much you would like to pay your supplier. In the 'Note to Supplier' you should enter your hire purchase agreement number, loan policy number, or the required reference details mentioned by your provided.
❗❗ It is important this information is entered correctly so your recipient can identify this payment came from you. ❗❗
You will need to provide a supporting document when scheduling your payment. Acceptable documents include valid loan contract, mortgage agreement, and payment schedule. Please see here for information required in the supporting document.
Step 3 - Schedule Your Payment
Schedule your payment based on the day your provider needs to receive your payment. ipaymy will automatically calculate the charge date based on your region.
For more details on payment scheduling click here.
Step 4 - Pay
You are almost done! Review your payment and click Pay. Your card will then be charged and the receipt for the payment will be sent to your email.
For scheduled payments, a receipt will be emailed to you on the charge date for your recurring payments.