DBS/POSB Personal Loan
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Summary
DBS/POSB Personal Loan Review 2026
DBS and POSB jointly offer one of the best personal loans in Singapore, with competitive interest rates for both locals and foreigners. Here are its highlight
SSE Rewards (Till 17 May 2026)
- S$10,000 - S$14,999: S$100 Bonus Cash
- S$15,000 - S$19,999: S$200 Bonus Cash
- S$20,000 - S$29,999: S$300 Bonus Cash
- S$30,000 - S$49,999: S$400 Bonus Cash
- S$50k and above: S$500 Bonus Cash
DBS/POSB Rewards (Till Jun 2026)
- Rewards will be fulfilled by DBS/POSB for 36 months and above
- S$10,000 and above
- 3% Unlimited Cashback
• Promo code “SINGSAVER” must be entered in the promo code field during online
application.
• For New or Existing DBS PayLah! App user.
Check Out DBS Rewards Here!
Check Out POSB Rewards Here!
Product Page Transparency
- Pays to access additional features
Loan Features & Details
1) Key Features
- Interest rate of 1.48% p.a (EIR 3.22% p.a)
- Instant loan approval and disbursement for existing DBS Credit Card holders/Cashline customers who apply online
- Loan tenure from 1 to 5 years
- Get a maximum loan of up to 10X monthly income depending on your annual income
2) Eligibility
- Citizenship: Singaporeans and PRs
- Age: 21 – 75 years old
- Minimum income requirement: S$20,000
3) Fees
- Processing fee: 1.0% of loan principal
- Late payment fee: S$100 for DBS Credit Card holders; S$120 for DBS Cashline customers
- Partial repayment penalty: No partial repayment is allowed
- Full repayment penalty: S$250
4) Application Process
How to apply?
- Head over to DBS’ website to apply online
- You may apply via your iBanking login or using your Debit/ATM card number and PIN to apply
- Complete the loan application form and click Submit
Supporting documents
- Existing DBS Credit Card/Cashline customers do not need to resubmit supporting documents
- Salaried employees
- Variable/Commission-based employees/Self-employed
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Summary
DBS/POSB Personal Loan Review 2026
DBS and POSB jointly offer one of the best personal loans in Singapore, with competitive interest rates for both locals and foreigners. Here are its highlight
SSE Rewards (Till 17 May 2026)
- S$10,000 - S$14,999: S$100 Bonus Cash
- S$15,000 - S$19,999: S$200 Bonus Cash
- S$20,000 - S$29,999: S$300 Bonus Cash
- S$30,000 - S$49,999: S$400 Bonus Cash
- S$50k and above: S$500 Bonus Cash
DBS/POSB Rewards (Till Jun 2026)
- Rewards will be fulfilled by DBS/POSB for 36 months and above
- S$10,000 and above
- 3% Unlimited Cashback
• Promo code “SINGSAVER” must be entered in the promo code field during online
application.
• For New or Existing DBS PayLah! App user.
Check Out DBS Rewards Here!
Check Out POSB Rewards Here!
Product Page Transparency
- Pays to access additional features
Loan Features & Details
1) Key Features
- Interest rate of 1.48% p.a (EIR 3.22% p.a)
- Instant loan approval and disbursement for existing DBS Credit Card holders/Cashline customers who apply online
- Loan tenure from 1 to 5 years
- Get a maximum loan of up to 10X monthly income depending on your annual income
2) Eligibility
- Citizenship: Singaporeans and PRs
- Age: 21 – 75 years old
- Minimum income requirement: S$20,000
3) Fees
- Processing fee: 1.0% of loan principal
- Late payment fee: S$100 for DBS Credit Card holders; S$120 for DBS Cashline customers
- Partial repayment penalty: No partial repayment is allowed
- Full repayment penalty: S$250
4) Application Process
How to apply?
- Head over to DBS’ website to apply online
- You may apply via your iBanking login or using your Debit/ATM card number and PIN to apply
- Complete the loan application form and click Submit
Supporting documents
- Existing DBS Credit Card/Cashline customers do not need to resubmit supporting documents
- Salaried employees
- Variable/Commission-based employees/Self-employed
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Snag S$10,000 and above with 3% Unlimited Cashback!
Valid till 01 Jun 2026. T&Cs apply.
4.0
1 Reviews
High to Low
01 May 2020
Purchased
POSB Personal Loan (1 Year Tenure)
Easy to apply both online or at bank, Funds arrived quickly, got cashline added too so i can spend some more on a rainy day while repaying the loan.0
What are your thoughts?
Discussions (0)
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Interest Rates for DBS POSB Personal Loan
Features: Pros and cons of DBS POSB Personal Loan
- Low fixed interest rate from 1.48% p.a and Effective Interest Rate (EIR) at 3.22% p.a.
- Fixed interest rate of 11% p.a., EIR 20.01% for borrowers with annual incomes of less tan S$30,000.
- Borrow from 4x - 10x your monthly salary
- Loan duration of 1 year - 5 years
- Relatively lower income requirement of S$20,000
- Minimum loan amount of S$500
- Enjoy an easy approval process and get cash instantly when you apply online with an existing DBS or POSB account
- Ideal for higher income borrowers (with at least S$30,000 annual income per annum), as they are offered much more competitive rates.
How does DBS POSB Personal Loan compare?
- For borrowers with annual income below S$30,000, a rate of 11.00%p.a. + 4% processing fee (E.I.R. 20.01%p.a.) will be offered
- Maximum EIR may be up to 20.01% p.a., based on borrowers' loan amount, tenor and personal credit history.
- The maximum loan tenure for foreigners is 2 years
Other Fees: what else to look out for?
- Minimum monthly repayment: 2.5% of the outstanding balance for Cashline, or 3% of the outstanding balance of DBS/POSB Credit Card account ( or S$50, whichever is greater)
- Late payment fee: S$100 for Credit Card personal loan, S$120 for Cashline
- Early Termination fee: S$250
- Annual fee: S$120
- Overlimit fee: S$40
- Prevailing interest rates: 20.5% p.a. or 29.8% p.a.
Eligibility: who can apply for DBS POSB Personal Loan?
- 21 - 65 years old
- Have an annual income of at least S$20,000 for Singaporeans and PR
Contact
- Tel: 1800 339 6666 (POSB)
- Tel: 1800 111 1111 (DBS)
- Visit DBS or POSB's website for more information about the DBS POSB Personal Loan.
Contact us at [email protected] should you require any assistance or spot any inaccuracies.
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