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DBS Renovation Loan Rate

Posted by admin | 12:02 AM | ,
Sep 8, 2009

DBS Renovation Loan Rate (Singapore)


Sg Loan Rates presents the latest, highest, best, current DBS Renovation Loan Rate this day in September  2009 for Singapore and global readers.

DBS Renovation Loan Rate (Singapore) is subject to change without notice.

DBS Renovation Loan Rate provided in September 2009 is for information only.

DBS Renovation Loan Rate is 7.8% per annum.

Features DBS Renovation Loan Rate:
* Up to six times your monthly income or $30,000, whichever is lower, to finance your renovation costs.
* If you and your spouse earn a monthly income of at least S$2,500 each, you may apply separately for a higher loan amount of up to $60,000**, with a separate quotation from the contractor and a proof of income.
* Flexible repayment period of up to a maximum of 5 years.

Basic Requirements of DBS Renovation Loan Rate:
* To apply for Renovation Loan and DBS Cashline, you need to be a Singaporean or Permanent Resident earning at least S$24,000 p.a. and S$30,000 p.a. respectively.
* Minimum annual income to qualify for DBS VISA Classic/ DBS MasterCard Standard is S$30,000 and S$45,000 for DBS VISA Gold/ DBS MasterCard Gold

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