Secure your life

Contribution to SRS are eligible for tax relief.

Can invest to grow your retirement funds.

Investment returns are Tax Free.

Why we’r best among all?

Our vision and mission towards maske us unique by helping you to earn potentially higher interest, as your balance in the SRS account
  • To nurture and promote the responsible savings habit in all members of society through a range of retirement saving products, with an emphasis on contributing to Singapore's vibrant financial markets.
  • To be recognised as one of top educators for safe pensions & dependable insurance solutions.
  • To bring home that if we save more, we can live better!


Maximise growth of your SRS by investing it.

What our visiontowards

SRS is committed to lending a helping hand at times of need and promoting financial literacy. Being a pioneer initiative, we are also privileged with being able to provide opportunities for future policy makers, planners and solutions architects who can help SRS continue evolving in order to meet the needs of our customers as they grow older and transition into their retirement years.


Get your answer

All Singaporeans, Singapore Permanent Residents (SPRs) and foreigners who :
- Are at least 18 years old
- Are not undischarged bankrupts
- Are not of unsound mind
The SRS is part of the Singapore government's multi-pronged strategy to address the financial needs of a greying population, which were highlighted in the Report of the Inter-Ministerial Committee (IMC) on the Ageing Population, released in November 1999.
The SRS complements the Central Provident Fund (CPF). CPF savings are meant to provide for housing and medical needs and for basic living needs after retirement. Unlike the CPF scheme, participation in SRS is voluntary. Participants can contribute a varying amount to SRS (subject to a cap) at their own discretion. The contributions may be used to purchase various investment instruments.
With the SRS, the government hopes to encourage Singaporeans to save more for their old age, by means of voluntary contributions to their SRS accounts. The SRS will be effective from 1st April 2001. It will be operated by the private sector.
The SRS offers attractive tax benefits. Contributions to SRS are eligible for tax relief, investment returns are accumulated tax-free (with the exception of Singapore dividends), and only 50% of the withdrawals from SRS are taxable at retirement.
Source: Ministry of Finance
If you would like to find out more about SRS Scheme you can log on to the Ministry of Finance Website or contact any of the 3 SRS operators.
SRS Accounts are managed by three SRS operators. You can open an SRS account with one of these 3 SRS operators:
- DBS Group Holdings Ltd
- Overseas-Chinese Banking Corporation (OCBC) Ltd
- United Overseas Bank (UOB) Ltd
You will have to ensure that there are sufficient monies in your SRS account. We will request payment for the purchase from your SRS agent bank. You need not have to issue a cheque.
No. All sale proceeds must be returned to the SRS account; the proceeds will be credited into your SRS account directly.