How do I pay my car loan?

Step by step instructions on how to make a car loan payment.

Vanessa Teo avatar
Written by Vanessa Teo
Updated over a week ago

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

UEN

Bank

Account Number

BMW Financial Services Singapore Pte. Ltd.

200902824H

CITIBANK

0851476008

Mercedes-Benz Fleet Management Singapore Pte. Ltd.

199803778Z

Deutsche Bank

2536217000

Mercedes-Benz Financial Services Singapore Ltd.

197300581H

Deutsche Bank

2501617000

Mitsubishi HC Capital Asia Pacific Pte. Ltd.

199400399N

Deutsche Bank

2541944000

HL Bank

S56FC1182L

HL Bank

10639000000

Hong Leong Finance Ltd

196100003D

OCBC

618412225001

Sing Investments & Finance Limited

196400348D

UOB

1013300378

Standard Chartered Bank (Singapore) Limited

201224747C

Standard Chartered Bank - SCBLSGSG

Check with Loan Provider

TOYOTA Financial Services Singapore Pte. Ltd.

202000205M

DBS

0720197720

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.

Did this answer your question?