POSB personal loans are easy to apply for if you are already a DBS/POSB customer. You can apply for it through internet banking and get it with minimal fuss - approval is instant, and the cash is disbursed immediately. But if you are not an existing customer, you will need to apply for a DBS/POSB credit card and savings account, so do this only if you are not in a rush to get the loan. You can apply for a DBS/POSB credit card and/or a savings account through MoneySmart as well.
From 2.68%
Interest Rate*
S$10,268
Total Amount Payable
From 1% of Approved Loan Amount
Processing Fee
Online Promo
Enjoy 2% unlimited cashback when you apply for a loan today! T&Cs apply.
Valid until 31 Jan 2025 - See more details below

Are you eligible?

    • Approved loan amount must be minimum S$5,000 with a minimum loan tenure of 36 months and above
    • Applications must be submitted and approved via self-apply online application platform. 
    • Enter promo code POSBPL during online application

What you need to know

  1. Enjoy 2% cashback when your approved loan amount is at least S$5000 & your loan tenure has a minimum tenure of 36 months
T&Cs

Quick Facts

Best For

Seamless application journey

Loan Approval Time

Instant approval (if you have a DBS/POSB credit card + savings account)

Loan Disbursement

Instant cash disbursement (if you apply on MoneySmart)

Guaranteed Interest Rate?

No, interest rate is adjusted based on your risk profile

Expert Tips

The actual interest rate for a DBS/POSB personal loan is personalised based on your risk profile and credit history. You may get a higher interest rate when you apply for the loan. Also, note that foreigners get only 1 to 2 years loan tenure.

All Details

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Per Month
S$856

This personal loan is currently unavailable. Compare and get rewarded by choosing Standard Chartered CashOne Personal Loan that offers similar great benefits!

Check Out Our Review Of POSB Personal Loan In This Article!