Personal Loans

Frequently Asked Questions

How can I apply for DBS loans?

You can apply for DBS loans by:

  • Via DBS Website at
  • By visiting any of our branches
  • By calling our customer hotline on 2290 8118
  • Via DBS Loans App
What are the requirements?

The basic application criteria for DBS loans are that the applicant must be a Hong Kong resident aged 18 or above with a minimum annual income of HK$60,000 for Express Loan or HK$80,000 for Personal Instalment Loan and Cashline. For Debt Consolidation Loan, the applicant must be a Hong Kong permanent resident aged 21 or above with a minimum annual income of HK$100,000.

What are the documents required?
  • HKID card
  • Income proof
  • Address proof (issue date within 2 months)
  • Practicing certificate issued by relevant association, if applicable
  • Direct Debit Authorization /Direct Credit Authorization Proof
How much loan amount will be granted?
Express LoanHK$10,000 or aboveUp to 4 times of monthly gross salary or HK$200,000 (whichever is lower)
Personal Installment LoanHK$10,000 or aboveUp to 8 times of monthly gross salary or HK$800,000 (whichever is lower
Debt Consolidation LoanHK$10,000 or aboveUp to 18 times of monthly gross salary or HK$1,200,000 (whichever is lower)
Cashline Revolving LoanHK$10,000 or aboveUp to 8 times of monthly gross salary or HK$800,000 (whichever is lower)
How much should I borrow?

You need to take a long, hard look at your current and future financial situation before you take on any new debt. As part of this analysis, you should look at your debt ratio and set a realistic budget for debt repayment. Many experts recommend that no more than 40% of your monthly income should go to paying all debts, including mortgage payments.

How long should I choose to repay the loan?
The repayment period should depend on the loan amount. The money left of your monthly income after loan repayment should be sufficient for standard living and money saving.
What is monthly flat rate? What is the difference between that and the annualized percentage rate (APR)?

Monthly flat rate is to calculate the monthly repayment amount for an instalment loan, which can be illustrated in the example below:

Loan Amount = HK$50,000
Monthly flat rate = 0.31% (APR 9.96%)
Repayment period = 60 months
Monthly Interest = HK$155
Handling Fee = HK$62.5
Monthly Repayment Amount = HK$1,051

APR is calculated in accordance with the relevant guidelines referred to in the Code of Banking Practice. Interest is calculated on the basis of a 365-day or 366-day year, including all payable fees/charges such as the handling fee, annual fee, etc. Therefore, APR is a tool for comparing interest rates, and expressing the repayment amount and loan amount ratio.

What is the difference between an installment loan and a revolving loan?

An installment loan allows you to have a fixed installment within a planned time frame, while a revolving loan has no fixed repayment schedule and interest is charged on a daily basis on the amount drawn.