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| Product name | CIMB PayLater |
|---|---|
Processing fee | The processing fee will be stated in your application and approval letter, and is payable alongside your first monthly instalment. |
Monthly instalment | The monthly instalment must be paid in full by the payment due date. |
Loan repayment | Repayment of the monthly instalments is to be made to the loan repayment account linked to the approved loan. Please refer to your monthly statement for account details. |
Late payment fee | A late payment fee of S$25 will be charged if any instalment, including overdue amounts, is not paid in full by the payment due date.
With effect from 1st November 2026, there will be there will be a revision in late fees for CIMB PayLater to S$50. |
Early repayment fee | The early repayment fee is waived until further notice. |