1. How do I apply for a loan?
Visit any Bayport branch or contact us on 71368000, and we will assist you.
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Visit any Bayport branch or contact us on 71368000, and we will assist you.
You will need:
Bayport aims to disburse loans within 48 hours, Monday to Friday, from 08:00 to 17:00.
The approval time depends on whether you provide all the required information and how quickly we receive confirmation from third parties, such as your employer.
We deposit the loan amount directly into your bank account. If you have other loans, we will settle them directly and then deposit the remaining balance into your account.5. How do I check my loan application status?
You can call your consultant or the branch where you applied for an update. You will also receive an SMS as soon as your loan has been approved.
You can call your consultant or the branch where you applied for an update. You will also receive an SMS as soon as your loan has been approved.
Yes. Bayport charges interest on accounts that are in arrears on the last day of the month.
Yes, you can. Paying more than the required amount can help you save money by reducing the interest charged.
Yes. You can repay your loan in full at any time. Please request an early settlement quotation from Bayport. The quotation is valid for seven days, including weekends.
No. In accordance with our commitment to customer confidentiality, settlement information can only be provided to the account holder.
A Bayport consultant or agent will discuss the total amount repayable with you when you apply for the loan.
Remember that the total amount may change if you miss payments and incur additional interest, or if you settle the loan early and save on interest.
We may consider settling ITC-listed accounts, subject to an internal assessment.
You do not pay an upfront premium for credit life cover. Your premiums are paid monthly as part of your loan instalment.
Credit life cover may settle your loan immediately and completely. In the event of your death, your next of kin must submit the necessary documents to Bayport so that the claim can be assessed for full settlement of the loan.
Please note that credit life insurance does not apply in cases of suicide.
Visit a Bayport branch to request your current loan balance. Please note that this is not the amount required to settle your loan early.
If you want to settle your loan early, you must request an early settlement quotation.
Yes. Please ensure that you provide proof of payment so that we can update your account without delay.
Yes. Whether you qualify for a consolidation loan will depend on your affordability assessment.
Bayport only offers unsecured loans, so you do not need to provide collateral.
Bayport is an organisation with strong values of responsibility and integrity, committed to conducting business with the highest standards of ethics.