DBS Personal Instalment Loan
Update time: Oct 2022
$
204,734
Total Repayment (as low as)
$
17,061
Monthly Repayment (as low as)
4.51
%
APR (as low as)
Monthly Flat Rate: 0.03%
[Be flexible] Loan amount up to 20x your monthly salary or HK$2m (whichever is lower)
[Preferential Loan Interest Rate] Enjoy APR as low as 4.51%

Great for

  • Customer is entitled to reward up to HK$7,500 supermarket coupons and HK$500 "InstaRedeem" amount upon the following requirements are satisfied

    Loan Amount

    DBS Coupon Offer with a tenor of 12/18/24/30/36 months

    DBS Coupon Offer with a tenor of 42/48/52/54/60 months Extra "InstaRedeem"
    Amount

    HK$1,500,000 or above HK$3,000 HK$7,500 HK$500
    HK$1,000,000 - HK$1,499,999 HK$3,000 HK$7,500 HK$500
    HK$500,000 - HK$999,999 HK$1,000 HK$3,500 HK$500
    HK$300,000 - HK$499,999 HK$1,000 HK$3,500 HK$500
    HK$100,000 - HK$299,999 HK$500 HK$1,500 HK$500
    • Successfully apply for the Loan through whatever channels;
    • From 1 to 30 November 2022: successfully apply for the loan;
    • On or before 21 December 2022: draw down the approved Loan
  • The customer is entitled to reward an up to HK$8,000 exclusive supermarket coupon or Apple Gift Card upon the following requirements are satisfied

    Loan Amount MoneyHero
    Exclusive Offer for New Customers
    MoneyHero Exclusive Offer for Existing Customers
    HK$1,500,000 or above

    HK$8,000 supermarket coupon / Apple Gift Card

    HK$5,200 supermarket coupon / Apple Gift Card

    HK$1,000,000 - HK$1,499,999

    HK$4,500 supermarket coupon / Apple Gift Card

    HK$3,400 supermarket coupon / Apple Gift Card;

    HK$500,000 - HK$999,999

    HK$3,500 supermarket coupon / Apple Gift Card

    HK$2,600 supermarket coupon / Apple Gift Card
    HK$300,000 - HK$499,999 HK$2,000 supermarket coupon / Apple Gift Card HK$1,500 supermarket coupon / Apple Gift Card
    HK$100,000 - HK$299,999 HK$500 supermarket coupon / Apple Gift Card HK$200 supermarket coupon / Apple Gift Card
    • Successfully apply for the Loan via MoneyHero or DBS Card + website;
    • From 1 to 30 November 2022: successfully apply for the loan;
    • On or before 21 December 2022: draw down the approved Loan
    • Terms and Conditions apply
  • Annualised Percentage Rate as low as 4.51%; APR includes the handling fee 2%
    • Handling fee refers to the loan set up fee. The Loan Set Up Fee is 2% of the loan amount. The Loan Set Up Fee shall be calculated by reference to the principal amount of the loan at the rate specified by the Bank from time to time and shall be deducted from the loan principal amount upon draw down of the loan and is non-refundable.
  • Loan amount up to HK$2,000,000 or 20x monthly salary (whichever is lower), flexible repayment period of up to 60 months
  • Anytime to redraw your repaid principal

Need to know

  • Minimum salary requirement: fixed annual income of HK$80,000 or above
  • The “InstaRedeem” amount will be awarded to the eligible customers via the red “InstaRedeem” button of DBS Card+ upon eligible customers’ spending with the Applicable Credit Card issued by the Bank during 1 April 2023 to 30 September 2023 (“Reward Period”) and when the spending is displayed on Timeline of DBS Card+.

  • To receive the "InstaRedeem” amount, customers must:

    • hold a valid principal credit card issued by the Bank (including Co-branded Cards, except Private Label Cards and Business Cards) ("Applicable Credit Card"), choose the DBS$ Redemption Scheme under the DBS$ Reward Scheme for that Applicable Credit Card, download DBS Card+, register and activate DBS Card+ account successfully, enable the “InstaRedeem” push notification of DBS Card+ on 28 February 2023.
    • conduct retail spending of amount in excess of HK$500 with that Applicable Credit Card during the Extra Reward Period.
  • A redemption letter will be sent to the eligible customer by mail within 4 months after the end of the Promotion Period for the customer to redeem the Coupons at designated redemption center. Use of the Coupons is subject to the terms and conditions stipulated by the supplier.
  • The Reward is only applicable to eligible customer whose loan account is in good standing and not in default (as determined by DBS at its sole discretion)
  • Existing customers refer to the customer who has any principal credit cards (including co-branded cards) and/or personal loan products with DBS Bank on the date of application
  • APR as low as 4.51%: The APR of 4.51% is calculated based on the loan amount of HK$1,500,000, a monthly flat rate of 0.03%, and instalment period of 12 months, including a Loan Set Up Fee of 2%.
  • Rewards are subject to Terms and Conditions, please refer to DBS website for details
  • The Annualized Percentage Rate (“APR”) is calculated in accordance with the guideline issued in respect of the Code of Banking Practice and is rounded to the nearest two decimal places. An APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualized rate. The APR in the above table has included Loan Set Up Fee of 2% in the calculation. Loan Set Up Fee shall be deducted from the loan principal amount upon draw down of the loan and is non-refundable
  • The monthly flat rate here is for reference only. The interest rate applicable to a customer is subject to his/her financial condition and is solely determined by DBS. Terms and conditions apply. For details, please visit DBS website

Eligibility

Minimum Age
18 years old
Min. Annual Income
HK$80,000

Fees

Handling Fee
2

Steps to Apply

1. Apply online or by phone
2. Verify your personal details and declare your financial liabilities
3. Credit check
4. Select a loan plan
5. Select disbursement details
6. Disburse the loan

Required Documents

1. HKID card
2. Latest 3 months’ income proof
3. Address proof (issue date within 6 months)
4. Practicing certificate issued by relevant association, if you are a professional (e.g. medical doctor, accountant, lawyer or engineer)
5. Banking statement / passbook showing your name and account number

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