Lease Purchase Structure – Terms and Conditions
- Admin Payment
Admin fee of S$80 per unit is required upon application processing.
Payment of first Leasing is required upon delivery.
2. Payment Via GIRO Arrangement:
Instalment no. | Due date of instalment payment plan | Amount of instalment or Amount of penalty |
1. | 15th day of each month | As per agreed amount |
2. | First unsuccessful GIRO deduction charges | $20 Admin Fee |
3. | Second unsuccessful GIRO deduction charges – 22nd day of each month | $40 Admin Fee |
4. | Third unsuccessful GIRO deduction charges – last day of each month | Recurring late payment would result in Seller engaging legal means to pursuit the claims and item(s) under instalment payment. |
*Payment can be done earlier then due date*
3. Supporting Document/Information
Applicant NRIC – Photo Showing the Name/Address Last 5 Characters
Applicant Contact Number
Applicant Bank Statement – Screenshot from Ibanking showing Account Holder Name and account number
Applicant Pay slip
&
Guarantor NRIC – Photo Showing the Name/Address Last 5 Characters *Must be above 21 years old* *Different Household*
Guarantor Contact Number –
Guarantor Pay slip
4. Lease Purchase Plan Period (Warranty and support thru out the lease period)
6/12 Months Lease Purchase Plan –
Lease Purchase | Seti-802 | Seti-806 | Seti-808 |
12 Months Leasing | $116.43 | $139.77 | $163.10 |
6 Months Leasing | $199.60 | $239.60 | $279.60 |