Upto Rs. 50,00,000 – DBS Bank Personal Loan

DBS Bank is a multinational bank which is originated in Singapore. In India, DBS has a network of over 33+ branches spread in different cities of different states. Also, the 24×7 ATM facilities are available to the customers for their needs.

In this post, I’ll cover the details of a personal loan at DBS Bank with its features, eligibility, contact details, and many more.

Loan Details

Sl. No.CategoryData
1Loan amount (minimum)Rs 20,000
2Loan amount (maximum)Rs 15 Lakhs
3Interest rates10.99-34%
4Age22 years or above
5TenureUp to 5 years
6Processing charge1-3%
7IncomeRs 20,000 monthly
8Foreclosure fees2-4.5% + GST
9Lowest EMIRs 2,174 per Lakhs

Steps to apply at DBS Bank for personal loan

Step-1: Check your eligibility first and then download the DBS bank mobile app.

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Step-2: Go to the option of get your personal loan and then sign if you’re existing user of DBS bank, otherwise sign up and enter your correct details.

Step-3: Complete all the KYC procedure.

Step-4: After the documents are verified by the bank, loan will be instantly transferred to your account.

Features of DBS Bank

  • Fully digitized procedure– no paperwork
  • Attractive loan amount till Rs 15 Lakhs
  • Pre-approved facility for loan takers
  • Flexible tenure period of 5 years

Eligibility criteria for DBS personal loan

  • Age: 22 years or above
  • Applicant must be either salaried or self-employed individual
  • Work experience: 2 years minimum
  • Monthly income: Rs 20,000

Required Documentation for DBS Personal Loan

As the whole procedure is paperless, no physical documents are needed. You just have to upload the documents at your own comfort.

  1. KYC
  2. Bank details
  3. Bank statements
  4. ITRs
  5. Digital photographs

Comparison of DBS with other banks

Sl. No.Bank NameLoan amountInterest ratesProcessing charge (without GST)
1ICICIUp to 20 Lakhs11.5-19.25%2.25%
2Bajaj FinservUp to 25 Lakhs12.99%3.99%
3AxisUp to 15 Lakhs10.25%2%
4DeutscheUp to 15 Lakhs9.99-11.49%2%
5CanaraUp to 3 Lakhs11.25-13.9%0.5%

Check Status

You can easily track your online DBS personal loan status by entering you details in the following button:

Contact Details

Toll-free customer care numbers: 1800 209 4555 or 1860 267 1234

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Mail-id: customercareindia@dbs.com

You can visit the nearest branch of the bank for more assistance


1]. What is the way to repay my DBS personal loan?

You can pay EMIs using the digiSavings account.

2]. What is the minimum tenure of DBS personal loan?

The minimum tenure period for DBS personal loan is 1 year.

3]. Am I able to cancel my personal loan after availing it?

Yes, you can cancel your personal loan within the 48 hours of the transferred money in your account.

4]. What time is needed to fully complete the loan application digitally?

It only takes few minutes. After the whole verification, loan amount will be transferred into your digiSavings account.

5]. How much is the minimum personal loan amount that a person can ask for at DBS?

The minimum personal loan amount at DBS is of Rs 20,000.

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