Request for Full Repayment of Home Loan

Submit or check your application status of your application to make repayment to pay off your mortgage via our digibot.

Important information

  • From 1 June 2021, the loan redemption notice is 2-months.
  • After submission of your application, you would need to appoint a law firm to discharge the mortgage. The title deed will then be returned to you.
  • No further prepayment(s) to the mortgage loan may be made after the Bank’s receipt of this notice.
  • The full redemption is governed by the terms and conditions in the Letter of Offer. Prepayment / commitment fees / clawbacks (if applicable) will be debited in addition to the redemption amount.
  • A redemption letter with the projected redemption amount and any additional redemption fees (if applicable) will be mailed to your bank-registered mailing address within 14 days.
  • To check your application status, complete the authentication in step 1 and click Check existing request.

How to Request for Full Repayment of Home Loan

DBS digibot
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1
Step 1
Launch our digibot, and complete the authentication using either your iBanking Login or Card & PIN. Select Submit new request.
2
Step 2
Verify that your contact information with the bank is up to date and select Yes.
3
Step 3
Select Full Repayment.
4
Step 4
Select the Loan Account that you would like to make the full repayment on.
5
Step 5
For a full repayment, all sub-loans under the selected loan account will be redeemed. Select Proceed to go to the next step.
6
Step 6
If you have previously submitted a repayment request via DBS digibot, this screen will highlight the most recent submission.
Select Yes if you would like to proceed to pay off a different loan account or sub-loan.
7
Step 7
Select Acknowledged after reviewing the important notes and tap Proceed after viewing your current total oustanding loan amount for the selected account.
8
Step 8
Select your preferred payment mode.
9
Step 9
Select Acknowledged after reviewing the end date of your 2-month notice period. Tap Proceed to the next step and select Complete Submission after reviewing your selections and inputs.
10
Step 10
Your request has been submitted successfully.
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