POSB Loan

POSB Loan, exclusive promotion only for online application! Get instant cash with our Personal loan when you apply now!

Wished you had a little more cash? You can now fulfil your lifestyle wants with our Personal loan that gives you up to 10X1 your monthly salary at interest rate from as low as 3.88% p.a.2


What’s more! Apply now to enjoy a limited time offer of up to S$1,000 processing fee waiver plus S$120 vouchers!3

To enjoy the promotion, simply fulfil the following conditions and be rewarded with the following:

Promotion 1:

Receive S$120 NTUC vouchers (for New-to-Bank customers only)4
With approved loan amount of minimum S$3,000 in a single application.

Promotion 2:

Up to S$1,000 processing fee waiver5

  • With approved loan amount of minimum S$30,000, your processing fee will be waived (capped at S$1,000).
  • In a single application or same-day combined applications6 on both DBS Cashline and Credit Card.

Note: For both promotions, applications must be submitted and approved via self-apply online application platform. Applications via other channels (i.e Telesales or Branch sales staff etc.) will not be considered.

You get both S$120 NTUC vouchers and processing fee waived if all the above conditions are fulfilled!

Promotion ends 28 February 2019. Hurry and Apply now!!

Don’t have a Cashline account? Click here to apply online and get additional rewards.

Receive immediate cash7 into your account now in just 3 simple steps

Step 1: Login with your iBanking/digibank/ATM or credit/ debit card (no documents required for existing customers)
Step 2: Choose your desired amount and tenure
Step 3: Submit the application online and get instant cash



Get Cash INSTANTLY with POSB Personal Loans, Interest rate as low as 3.88% p.a (EIR 7.56% p.a)

A POSB Personal Loan brings you instant cash at low rates. Just the thing to light you up!

The interest rate offered to you is based on your personal credit and income profile. It may differ from the published rate and the rate offered to other borrowers. E.g. if your annual income is below $30,000 and you are eligible for the loan, you will be offered a rate of 11.00% p.a. + 4% processing fee (E.I.R. 20.01%p.a. based on a 5-year tenure).

Eligibility

NationalitySingaporean or Permanent Resident
Age21 – 65 years old
Minimum Annual IncomeS$20,000 and above

DBS/POSB Personal Loan will require (i) a Cashline and/or Credit Card account to grant the loan amount, and (ii) a DBS/POSB deposit account (excluding Joint All, Trust, MSA, SAYE and POSB current accounts) for loan disbursement (see Frequently Asked Questions Tab for more details).

If you do not have an existing Cashline / Credit Card Account, you will need the following documents:

+ You can now print your Income Tax Notice of Assessment at myTax Portal with your SingPass or IRAS PIN. The service is free. Log on to https://mytax.iras.gov.sg for more details.

Please note that applications not accompanied with required documents or with incomplete information will cause a delay in processing.

If you do not have an existing DBS/POSB deposit account, you can choose your desired account here and apply online.