Motor Financing

Motor Financing

Walo Auto Financing characterises Walo Auto’s differentiation of being an integrated solutions provider. Driven with the purpose of helping clients fulfill their aspirations of owning trusty business vehicles to take their business to greater heights, we are constantly evolving our motor financing solutions to suit clients from diverse financial circumstances. We are able to provide you motor financing solutions in:

  • New and Used, passenger car and commercial vehicle hire purchase loans
  • Certificate of Entitlement (COE) 5yr or 10yr Financing

1. 18 years old and above*

2. Singaporean and Singapore PR

3. Foreigner (a local guarantor is required)*

Company Application:

1. A copy of company ACRA

2. Front and back copies of company director or sole proprietor NRIC

3. Income documents
- Latest 2 years Income Tax Notice of Assessment or
- Latest 3 months of Company Bank Statement

4. Complete application form

5. Vehicle Logcard

Individual Application (Self Employed & Salaried Employee):

1. Front and back copies of NRIC

2. Income documents
- Latest 3 months of computerised payslip or
- Latest 2 years Income Tax Notice of Assessment or
- Latest 12 months CPF Contribution History

3. Complete application form

4. Passport, Proof of Residence and Work Permit with validity date 6 months before expiry date (for foreigners only)

5. Vehicle Logcard

1. Car or commercial vehicle loan submission to Hire Purchase Department. Application can be submitted over counter or via email sales@waloauto.com 

2. Car or commercial vehicle loan application processed by Credit Loan Team.

3. Loan application result promise to be delivered by next business day**

**In-house loan application only.

Enjoy convenience of car loan payment through these channels:

- Internet Banking and Mobile Banking (UOB Personal and Corporate account holders)
- ATM, Internet Banking and Mobile Banking (DBS, POSB and Maybank Personal account holders)
- AXS Stations, AXS m-Station (Mobile App) and AXS e-Station (Internet)
- GIRO