Admissions

Financial Matters

Modes of Payment

Payment to Singapore Institute of Management Pte Ltd
The modes of payment available are cash, cheque, Nets, cash card, Visa/MasterCard and/or Cashier/Money/Postal order. We accept up to 4 different modes of payment combination. All payments are to be made in Singapore dollars. 

Cheques must be crossed and made payable to "Singapore Institute of Management Pte Ltd". It should not be post-dated.

For Nets payment, the daily limit is S$2,000 or S$3,000, depending on the bank and your personal limit. 

For credit card payment, the limit is subjected to your available balance at the point of payment. We accept Visa & MasterCard only.

Please retain your official receipt. An administrative fee of $5.35 (inclusive of 7% GST) will apply for each reprint request.

 

Course Fees Payment

For first payment of course fees only
You may make payment at the payment counters in SIM Headquarters or via E-payment.

Payment Counters in SIM Headquarters
The modes of payment available are cash, cheque, Nets, cash card, Visa/MasterCard and/or Cashier/Money/Postal order. We accept up to 4 different modes of payment combination. All payments are to be in Singapore dollars.

For cheque payment, the cheque must be crossed, and made payable to "Singapore Institute of Management Pte Ltd". It should not be post dated.

For Nets payment, the daily limit is $2,000 or $3,000, depending on the bank and your personal limit.

For credit card payment, the limit is subjected to your available balance at the point of payment. We accept Visa & MasterCard only.

E-payment
Please login to SIMConnect website for more information.

Please note that you need to submit duly completed and signed Form 12 and PEI-Student Contract before payment can be made. All payments need to be made before the stipulated deadline.

If you encounter any problem during e-payment, please contact Student Services at students@sim.edu.sg for assistance.

 

Study Loans

Students may obtain study loans from these banks and institutions under a course financing scheme (subject to approval). For loan enquiries and applications, you would have to deal directly with the bank or institution. For more information, please call:

Maybank
Tel: 1800 629 2265
Website: http://www.maybank2u.com.sg

POSB
Tel: 6333 0033
Website: http://www.posb.com.sg

RHB Bank Berhad
Tel: 1800 323 0100
Website: http://www.rhbbank.com.sg

CIMB Bank
Tel: 6333 7777
Website: http://www.cimbbank.com.sg

OCBC Bank
Tel: 1800 363 3333
Website: http://www.frankbyocbc.com

 

Interest-Free Instalment Plans

When you charge above S$500 to your Citibank or OCBC Visa/MasterCard, you can enjoy interest-free instalments of six or 12-months. Terms and conditions apply. For more information, please call:

Citibank
Tel: 6225 5225
Website: http://www.citibank.com.sg

OCBC
Tel: 1800 363 3333
Website: http://www.ocbc.com.sg 

The following are some information pertaining to Interest-Free Instalment Plan (also called Flexible Payment Plan) by Citibank/OCBC.

  1. Application must be made at the SIM payment counters. There is no application form required.
  2. The payment must be made with a Singapore Citibank or OCBC Visa or MasterCard credit card.
  3. The customer has to ensure that the credit limit in his/her credit card is sufficient for the purchase amount.
  4. Customer has a choice of 6 or 12 months instalment.
  5. Upon processing the Flexible Payment Plan, the customer's credit limit will be reduced by the purchase amount. The credit limit will be progressively restored by the amount of each Flexible Payment Plan instalment & to the extend that full payment is settled with the bank.
  6. Citibank or OCBC will reflect the monthly instalment billed in the customer monthly credit card statement. Please note that the usual interest charges & late payment charges will be levied (by Citibank or OCBC) if applicable.
  7. In the event that the customer closes his/her Citibank (not applicable to OCBC's card holder) credit card account or terminate the Flexible Payment Plan transaction, an administrative fee will be levied for the processing of such accelerated repayment.

For the full terms & conditions, it is available via the banks' website
Citibank : www.citibank.com.sg
OCBC: www.ocbc.com.sg
 


Source: http://fx-rate.net

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