Where can I find the full Terms and Conditions for Hire Purchase Agreements?

The Standard Terms and Conditions governing Hire Purchase Agreements were updated on 10 Dec 2024. For the latest Terms and Conditions, please refer to the document here .

What is the LTA Access Code?

From 30 June 2025, the bank will need an LTA Access Code to verify your car ownership details through LTA Digital Service. This service is called 'Enquire PARF/COE Rebate for a Registered Vehicle'. You can request the code through LTA’s Vehicle-Related Digital Services using Singpass. When asked, share the code with our car partners so the bank can verify ownership during your loan application or before loan disbursement.

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Resume your Car Loan Application

Please select one of the following options to continue your application submission. You may also use these options to check the application status:

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Need help with your existing car loan?

Before your new car arrives, you may want to check the early redemption amount for your existing car loan. The DBS digibot is available anytime to help.

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Access your Digital Welcome Pack to view your car loan details and important documents in one place.

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The Effective Interest Rate (EIR) shows the true cost borrowing on a reducing balance basis and is useful for comparing different loan options.

The EIR is higher than the nominal flat rate charged because flat rate computations calculate interest as a lump sum upfront and do not take into account the monthly principal repayments made throughout the loan period. Also note that the loan period affects the EIR even when the nominal flat rate remains the same.

From 30 June 2025, the bank will need an LTA Access Code to verify your car ownership details through LTA Digital Service.

This service is called 'Enquire PARF/COE Rebate for a Registered Vehicle'.
You can request the code through LTA’s Vehicle-Related Digital Services using Singpass.
When asked, share the code with our car partners so the bank can verify ownership during your loan application or before loan disbursement.

Monitor the progress of your car loan application

Resume your Car Loan Application

Other Services

Need help with your existing car loan?

Looking for your car loan details?

Frequently Asked Questions

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