Exclusively for DBS HDB Loan customers

Whether you’re moving into a new flat or giving your humble abode a much-needed refresh, design the home of your dreams with DBS Renovation Loan – the perfect complement to your HDB Home Loan.

From 1 July to 30 September 2022, receive a Ninja Foodi Multi Cooker (worth S$449) when you:

  • Apply for a DBS Renovation Loan online (with tenure of 5 years and minimum loan amount of $15,000)
  • Have a DBS/POSB HDB Home Loan by end of month 3 after Renovation Loan approval

What’s more, opt to make your home environmentally sustainable with our Green Renovation Loan and enjoy an attractive interest rate of 3.88% p.a.!

Promo ends 30 September 2022. Terms and conditions apply.

How it works

Scenario 1 – Existing DBS HDB Loan customers

Scenario 2 – New DBS HDB Loan customers

Apply for DBS Renovation Loan Online

You will need a DBS/POSB deposit account to service your loan. If you do not have an existing DBS/POSB account, click here to apply before submitting your Renovation Loan application.

Renovation Loan Online Application
Step 1

Prepare the required documents for your renovation loan application:

  1. Scanned / Digital invoice or quotation signed by contractor and applicant(s)
  2. Income Documents
  3. Proof of Ownership (Waived if renovation is for property under DBS/POSB Home Loan)
  4. HDB or MCST Renovation Permit (for applicants who are owners of the appointed contractor)

Please note that each file size should not exceed 5MB and acceptable formats are PDF, JPG or JPEG. The file name should not contain spaces or special characters.

You may find a guide on how to prepare your documents here.

Step 2

Launch the online Renovation Loan Application Form and submit your application with the required documents.

You will need to authenticate yourself via:

  • Your Digibank User ID and PIN, OR
  • ATM, Debit or Credit Card number and PIN

Click here for a detailed guide on the application process.

Apply Now

Terms and Conditions

  1. Apply online for your DBS Renovation Loan by 30 September 2022 to qualify for this promotion.
  2. Renovation Loan must have a tenure or of 5 years.
  3. Minimum Renovation Loan amount of $15,000.
  4. You must have a DBS/POSB HDB Home Loan by the end of month 3 after Renovation Loan approval.
  5. Gift redemption letter will be sent to the Main Applicant via email within 5 months after disbursement of the renovation loan.
  6. DBS/POSB will have the final decision on all matters regarding the Promotion.

For full promotion Terms and Conditions, click here

 

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