DBS Personal Loan

Updated 21 April 2019
3.88%Interest Rate (EIR 7.90% p.a.)
1% of loan amount Processing Fee
$310Monthly Instalments
Online Exclusive: 3.88% p.a. interest + up to S$1,088 Cashback
  • Self-Apply for your DBS Personal Loan online via Moneysmart and enjoy 3.88% p.a. interest rates and up to $1,088 cashback
  • Min. loan amount of S$10,000 in a single application or same-day combined applications on Cashline and Credit Card
  • Below are the Approved Loan Amount and the corresponding cashback tiers
  • S$10,000 to S$19,999: S$68
  • S$20,000 to S$29,999: S$288
  • S$30,000 to S$49,999: S$488
  • S$50,000 and above: S$888
  • New-to-Bank customers enjoy an additional S$200 cashback
Key features
Key Features
  • Enjoy low interest rates from 3.88% p.a. when you apply online
  • For a limited time only, get up to $1,088 cashback when you apply online
  • Get immediate cash to your DBS/POSB deposit account
  • Get up to 10X of your monthly salary if your annual income is S$120,000 and above
Repayment Summary

Principal Loan Amount


Loan Tenure

3 years

Interest Rate (p.a)


Monthly Instalments


Total Amount Payable


Total Interest Payable


Approval Duration

immediate within banking hours


Citizenship Status

Singaporean / PR

Age Requirement

age 21 - 65 years old

Employment Status

Employed, Self-employed and Commission earner

Minimum Annual Income


Fees & Charges

Restructuring Fee


Late Payment Fee

S$100 for Credit Card PL; S$105 for Cashline PL

Partial Repayment Penalty

No partial repayment allowed

Full Repayment Penalty


MoneySmart lists Personal Loan products that range between a minimum of 1 to a maximum of 7 years. The effective interest rate (EIR) of loan products on our site range from 8.5% p.a. to up to 20.0% p.a. The EIR of your loan will be dependent on the loan you apply for as well as your personal financial needs.

For example, you would need to pay S$316/month for a S$10,000 Personal Loan with a loan tenure of 3 years. This would equate to a total payment of S$11,376 over 3 years. Please view each Personal Loan product in detail for a full breakdown of the interest rate chargeable, minimum and maximum loan tenure as well as processing fees (if applicable).

DBS Personal Loan

DBS Personal Loan