Just how are DBS Cashline distinct from a personal bank loan?

• Money
• Signature loans

• Immediately

• Immediately

How can i build costs?

Skip the waiting line while making seamless repayment thru DBS iBanking or Digibank app. Money generated are instantaneously mirrored on your own DBS Cashline account.

Facts that you could you prefer.

To possess existing DBS/POSB customers, should your paycheck is https://servicecashadvance.com/installment-loans-ia/ currently paid so you can a DBS/POSB deposit account, you can enjoy All the way through Handling. Once approved, their DBS Cashline membership is actually active and you will accessible instantaneously.

Yes, as soon as your DBS Cashline membership is eligible, you could drawdown cash and carry out almost every other financial deals through DBS Cashline.

Please account for toward readily available credit limit inside the your bank account. When you’ve paid down your own lent matter back again to brand new membership, their credit limit could be restored into the brand spanking new matter.

You merely pay back this new monthly lowest fee of 2.5% of a fantastic harmony otherwise S$50, whatever is large, also people overlimit otherwise delinquent matter.

Your DBS Cashline month-to-month report regarding membership will state you away from your own minimal fee owed and your due date. The fresh monthly report off membership commonly detail any distributions and you will dumps in one few days throughout the report time.

To make use of, excite finish the DBS Cashline Borrowing limit Opinion Setting, printing, signal and you may post (otherwise fax) the applying so you’re able to you on necessary earnings data files.

CashCare Guardian is an optional borrowing lives safety insurance coverage underwritten because of the Manulife (Singapore) Pte Ltd. Its smart off of the a great harmony on your DBS Cashline membership to S$a hundred,000 in case of diagnosis out-of crucial or early cancer**, critical infection, passing or complete permanent disability. For death due so you can accident, the total amount increases to help you a total of S$two hundred,one hundred thousand.

** This tactic doesn’t safeguards pre-present diseases. A waiting ages of ninety days applies for claim of vital otherwise very early disease work for.

If the Bank does not receive the required minimum payment by its due date (like, deadline into ple lower than), the interest rate applicable to your DBS Cashline account will be increased by 8% p.a. on top of the Prevailing Interest Rate (“Increased Interest Rate”). This Increased Interest Rate shall be applied to the outstanding balance in your DBS Cashline account from the first working day after the date of the subsequent DBS Cashline account statement following your DBS Cashline account statement (we.e. August’s report) and used to compute the finance charges applicable to your DBS Cashline account.

This additional rate of interest would be applied even when minimum payment was received by Bank into otherwise before deadline of after the day (i.e. in July).

If the minimum repayments are available entirely for the otherwise ahead of the particular repayment dates to have 4 consecutive weeks (i.age. getting August, September, October and you may November statements), the increased Interest will be reinstated towards Prevalent Notice Speed on basic business day just after your next Declaration Big date (i.e. November’s declaration).

I didn’t request an excellent chequebook at first however, I desires to have one now, exactly what ought i carry out?

If you prefer getting a physical chequebook, you could visit our DBS/POSB branches add your request. Please be aware that chequebooks would be shipped to the mailing address within 5-seven working days.

There’s no need to request for a separate chequebook. We’ll deliver an alternate one just before your chequebook run off.

You could favor IB e-cheque less than “Transfer” > “Much more Import Features” > Purchase Cheque (Mail). This specific service is free. (More info)