Other personal reliefs
(S$30,000)
Contributions can be done through:
Internet Banking
- Login to Online Banking with your access code and PIN
- Under “Investment & insurance”, select “Retirement portfolio”
- Select “Make a SRS Contribution”
OCBC app
- Login to OCBC app with your access code and PIN
- Go to “More”, select "Payments & transfers"
- Select “Make a SRS Contribution”
Cash
Cash can only be deposited over the counter at branches.
Cheque
Write a cheque payable to yourself and drop it into a Quick Cheque Deposit box at any OCBC branch. Indicate on the back of the cheque:
- Your name
- NRIC or FIN number
- SRS account number
- Contact number
For cheques received before 3.30pm on a working day, the funds will only be credited to SRS account around 4.00pm on the following working day, if the cheque is good for payment.
SRS contribution cannot be done via other banks’ internet and mobile banking.
Contributions must be made by 31 December of each year in order to be eligible for tax deduction in the same year.
Standing instruction is currently not available.