Up to S$150 cashback with DBS Cashline
Flexibility at your own terms | Get instant cash 24/7:
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Low daily interest rate for short-term expenses | Daily interest rate at 0.07%1 only:
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Other features |
Unsure of which DBS Instant Loan product to select? Our easy-to-use calculator helps you find the perfect fit with the lowest interest and fees for your needs |
Note: | 1 Daily interest rate of 0.07% is calculated based on 365 days at the prevailing interest rate of 22.9% p.a. |
Prevailing interest rate2 | 22.9% p.a (Annual income S$30,000 and above) |
Annual Fee | S$120 (Waived for 1st year) |
Late Fee | S$120 (If min payment of 2.5% of total outstanding or S$50, whichever is higher, is not paid on due date) |
Note: | 2 The prevailing interest rate is calculated on a daily basis, from the date of transaction until the outstanding amount is paid in full (subject to a minimum interest charge of S$10.00 per statement) or such other rate(s) as the bank may determine from time to time. |
Requirements | Singaporeans/PRs: S$30,000 p.a
Foreigners: S$60,000 p.a 21-70 Years Old |
Documents required | Singaporean/ Permanent Resident Salaried Employee
Variable Commissioned/ Self-Employed
Foreigner Salaried Employee
Variable Commissioned/ Self-Employed
Skip income documents: Apply via Myinfo (Singpass) or salary crediting to DBS/POSB. For new to bank customers who are not using Myinfo for application, verification of your identity document (NRIC or Passport) at one of our branches may be required to ensure the security of your account. |