If you are a new MariBank customer, a Mari Savings Account and Mari Credit Card will be opened in your name upon successful application for Instant Loan.
In order to drawdown a personal loan with Instant Loan, a portion of your Mari Credit Card available Credit Limit will be converted into cash. This cash amount will be disbursed into Mari Savings Account by default, or your selected bank account.
For more information on Mari Credit Card, please read here.
For more information on Mari Savings Account, please read here.
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law.
Our 24/7 Customer Service Team is here for you if you have any questions!