Issuer Fees and Charges

Fee Type
Rates
Description
Frequency / Remark
Application Fees
S$100
Platform verification fee charged each time an application to “Get Loans” is made.
Charged each time an application for funding is made. As part of our launch promotion, application fees will be refunded upon successful funding of the application on the platform.
Platform Origination Fees
• 6 – 12 months funding = 4.0%
• 13 – 24 months funding = 5.0%
• 25 – 36 months = 6.0%
Fees charged by the platform to issuers upon successful funding.
Deducted upfront from amount to be disbursed. Amount is determined by the total amount successfully funded on the platform.
Late Payment Fee
**2.5% of missed payment; min S$100 max S$250** For bullet repayments, additional interests (at prevailing rates) will be continuously charged on a daily basis until full settlement.
Fee charged by the platform to issuers each time a monthly repayment is late.
Late payment fees will be charge able when monthly instalment payments are not fully settled on due date.

Any waiver of such fees is solely at the Platform’s discretion.
Stamp Duty
Nil
Stamping fee chargeable to loan documentation.
Our current loan documentation does not entail any stamp duty. However, if any application which require a different set of documents and stamp duty is involved, such requirements will be notified upfront and payable by the Issuer.
Withdrawal Processing Fee
S$1.50
Processing fees imposed by Fundaztic.com.
As part of our launch promotion, charges are waived until further notice.
Withdrawal Bank Charges
S$0.20 - S$0.50
Transaction fees imposed by the Bank.
Charged as when request for withdrawal from issuers' wallet is made back to issuers' registered bank account.
Remittance of funds into your Fundaztic wallet
S$0.20 – S$0.50 + 0.25% of transaction value
Transaction fees imposed by the Bank.
As part of our launch promotion, charges are waived until further notice.