Common use of VEHICLE LOAN SCHEME Clause in Contracts

VEHICLE LOAN SCHEME. (1) A confirmed staff is eligible to apply for vehicle loan up to a maximum of $65,000 or 12 times the total monthly salary, whichever is lower. (2) The Hospital shall subsidise interest rate above 3%, subject to a maximum of 1%. The repayment period is up to 7 years or the retirement age, whichever is earlier.

VEHICLE LOAN SCHEME. (1) A confirmed staff is eligible to apply for vehicle loan up to a maximum of $65,000 or 12 times the total monthly salary, whichever is lower. (2) The Hospital JurongHealth shall subsidise interest rate above 3%, subject to a maximum of 1%. The repayment period is up to 7 years or the retirement age, whichever is earlier.

VEHICLE LOAN SCHEME. (1) A confirmed staff is eligible to apply for vehicle loan up to a maximum of $65,000 or 12 times the total monthly salary, whichever is lower. (2) The Hospital Institution shall subsidise interest rate above 3%, subject to a maximum of 1%. The repayment period is up to 7 years or the retirement age, whichever is earlier.

VEHICLE LOAN SCHEME. (1) A confirmed staff is eligible to apply for vehicle loan up to a maximum of $65,000 or 12 times the total monthly salary, whichever is lower. (2) The Hospital NUHS shall subsidise interest rate above 3%, subject to a maximum of 1%. The repayment period is up to 7 years or the retirement age, whichever is earlier.

VEHICLE LOAN SCHEME. (1) A confirmed staff is eligible to apply for vehicle loan up to a maximum of $65,000 or 12 times the total monthly salary, whichever is lower. (2) The Hospital shall subsidise interest rate above 3%, subject to a maximum of 1%. The repayment period is up to 7 years or the Deleted: ¶ Formatted: Bullets and Numbering retirement age, whichever is earlier.