DBS Personal Loan Interest Rate: Rates, Fees & Eligibility Guide

Key Insights

1. The DBS Bank offers personal loans to salaried individuals, professionals, pensioners, and businesspeople.
    
2. DBS personal loan interest rate is 9.99%% to 28%% in 2025.
    
3. You can reduce your DBS personal loan interest rate in every DBS Personal Loan Scheme.

DBS Personal Loan Interest Rate: Overview

The DBS Personal Loan offers a fixed interest rate on personal loans with a minimum interest rate of 9.99%. The maximum DBS personal loan interest rate is 28%, depending on your financial situation.

The DBS Personal Loan helps you in an emergency, whether it's a wedding or a medical emergency, and has just 3% processing fees for your loan amount.

This blog helps you to understand the DBS Personal Loan interest rate 2025, types of schemes, key features, and tips for how you can reduce your Personal Loan Interest Rate.

DBS Personal Loan Interest Rates 2025

In this table, you will see the DBS Personal Loan Interest Rate 2025 with the Fees for salaried, self-employed, and existing customers. Here is the table:

You can view the updated interest rate, which includes foreclosure, prepayment, and other charges, for the DBS Bank Personal Loan Interest Rate.

Bonus Tip: Do you know? If you cancel the loan within 3 days of disbursement, the cancellation fee is none, but the processing fee will not be refunded, which is 3% of your loan amount.

Types of DBS Personal Loan Schemes

The DBS offers a variety of schemes with exciting features and various DBS personal loan interest rates. They are listed in the table below. Here is the table:

These DBS Personal Loan Schemes give you an edge in an emergency and help you manage your financial life.

Key Features of DBS Bank Personal Loan

The DBS Bank Personal Loan comes with exciting features that suit the customer's needs and help them in emergencies. Here are the features of the J&K Bank Personal Loan:
 

• Choose from fixed or flexible loan terms to match your needs.
• Get competitive DBS personal loan interest rates that reflect your eligibility.
• We offer loan amounts that fit your income and financial situation.
• Enjoy a simple and straightforward documentation process.
• Apply and get approved online, whenever it suits you.
• You don’t need to provide any collateral.
• Receive your funds quickly with minimal paperwork.
• Choose a repayment plan that fits your budget.
• Use your loan for a range of personal expenses.

The DBS Personal Loan offers minimal documentation and a competitive interest rate. Also, timely payments allow you to increase your loan amount.

Bonus Tip: For any queries, you can call 1860 267 1234 / 1800 209 4555. For any complaints, please email DBS at customercareindia@dbs.com.

Factors Affecting DBS Personal Loan Interest Rate

The loan interest rate depends on your documents, CIBIL Score, timely repayment of the loan, and your financial situation in DBS Bank. Here are some categories which affect the DBS Personal Loan interest rate:
 

These are the main factors that affect your DBS Personal Loan interest rate and amount.

DBS Bank Personal Loan Interest Rate Calculation

You can use this formula to calculate a DBS personal loan interest rate:

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

where,

P = Principal amount

R = is the interest rate

N is the Loan tenure

Suppose Dev obtains a personal loan of ₹1,00,000 at an interest rate of 10.99% with a loan tenure of 36 months (3 years).

EMI = [P x R x (1+R)^N]/[(1+R)^N-1] = [ 1,00,000x10.99%x(1+10.99%) 36] / [(1+10.99%) 36-1] 

Here, P = 1,00,000, R = 10.99, N = 36

According to the formula calculation, you have to pay ₹3,288 EMI, and the total payable of the loan is ₹1,18,368.

Tips to Get Lower Interest Rates from DBS Bank

Here are the tips to reduce your personal loan interest rate in DBS Bank:
 

• Maintain a High Credit Score: Having a credit score of 750 or higher is crucial for securing a low interest rate.
• Improve your Credit Score: Never miss payments on credit cards and loans, as it can damage the bank's trust in you.
• Choose a Shorter Loan Tenure: Shorter tenures give you an edge in reducing your DBS personal loan interest rate.
• Negotiate with the Lender: You can negotiate a lower interest rate with your DBS Bankers.

You can use this strategy to lower your DBS personal loan interest rate on the loan and make it more affordable. 

Conclusion

Choosing the right personal loan is becoming increasingly challenging in India, as numerous banks offer a wide range of loan options. It is best to find detailed information about the DBS Bank Personal Loan before you commit. Know the interest rates, tenure and all the requirements and then choose a plan that best suits your financial need. This blog provides detailed information about the DBS Bank Personal Loan, helping you make the best choice for your needs.

You can easily understand the features, interest rate, and how you can reduce your interest rate in the DBS Bank Personal Loan. Keep the features, interest rate, and ways to reduce your interest rate in the DBS Bank personal loan in mind. Using these, you can make the best financial plan for your expenses. Now, get a personal loan with the correct information and a DBS personal loan interest rate that suits you the best.

FAQs
 

How much time does it take to complete a PL / Personal Loan application?

Our Personal Loan application process takes only a few minutes. After you finish the application and your account is verified, your loan amount will be transferred to your DBS digibank savings account.

Do I need a guarantor? What additional security measures do I need to give?

DBS Personal Loans are hassle-free. You do not need a guarantor, collateral, or co-applicant to get a loan from us.

What is the procedure for repaying my loan, and how do I determine my repayment amount?

You can fully pre-pay your DBS digibank Personal Loan anytime after 12 EMIs have been repaid. Pre-payment can be made from a DBS or POSB savings account after paying the applicable charges.

How do I get my DBS personal loan repayment schedule?

After taking a digibank Personal Loan, download your repayment schedule from the 'Statements' section under 'Personal Loans' on the dashboard or digibank menu.

When does the tuition-fee loan interest start charging after I graduate?

Interest begins only after you graduate. Many borrowers report that the bank informs you of the exact date (often 2-3 months later), giving you time to repay before interest kicks in. 

What are the main features of a DBS Bank personal loan?

A DBS Bank personal loan offers unsecured funds (no collateral needed), quick online approval and disbursal, flexible tenures (12-60 months), competitive interest rates (starting ~10.99% per annum), and reasonable loan amounts (up to ₹15 lakh).

Can I get a top-up on my existing DBS personal loan?

Yes, DBS offers a “Top-Up Personal Loan” facility that lets you avail additional funds on an existing personal loan from the same lender, often with quick processing and without collateral.

What is the interest rate charged by DBS Bank on personal loans?

On its official personal-loan page, DBS Bank states that interest rates start at 10.99% per annum (fixed) for eligible borrowers.
 

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About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.