1. |
Loan amount up to HK$1,200,000 or 18 times your monthly salary (whichever is lower). |
2. |
Monthly flat rate of 0.04%, its annualized percentage rate (“APR”) is 3.83%. The APR is calculated based on the instalment period of 72 months including each year 1.5% handling fee. The APR is calculated in accordance with the guidelines issued in respect of the Code of Banking Practice. |
3. |
The total interest saved is determined on case-by-case basis (depends on various factors such as the outstanding balance of the existing credit card, interest rate charged by the credit card, monthly repayment amount, repayment period as well as the loan amount approved by us subject to your financial condition and the loan interest rate, repayment period and monthly repayment amount). |
4. |
One minute final approval result is applicable to applications via the Bank's website, DBS Loans App or DBS iBanking on Monday to Friday 9am – 12 midnight, Saturday 9am – 1pm and 2pm to 10pm, Sunday noon to 9pm. Customers apply in timeslot that is not mentioned above, we will contact you to follow up your application in next working day. |
5. |
The approval of the final interest rate, loan amount and instalment period is subject to the financial condition of customer. The Bank has the absolute discretion in approving the loan. |
6. |
If there is any inconsistency or conflict between the English and Chinese versions, the English version shall prevail. |
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