Secured Line of Credit

Secured Line of Credit

We accept any asset as collateral, allowing quick access to your funds when you need it.

Secured Line of Credit

 

For Key Facts Statement for Secured Line of Credit, please click here.

Key Features

  • A wide range of assets for pledging
  • Standby credit line of up to 100% of the asset value
  • Flexible interest charges
  • Revolving credit line
 

Overview

Type of Assets Currency Lending Ratio
(% of Asset Value)		 Overdraft Interest Rate (p.a.)
Time Deposits HKD Up to 100% Secured Line of Credit
Time Deposit Rate + 2% OR Prime Rate (whichever is higher)
DBS Treasures Secured Line of Credit
Time Deposit Rate + 2.5% OR 3-month HIBOR (whichever is higher)
Foreign currency (as accepted by the Bank from time to time)* Up to 90%** Secured Line of Credit Prime Rate +2%
DBS Treasures Secured Line of Credit
Prime Rate -1% OR 3-month HIBOR (whichever is higher)
Structured Investment Products (Selected)
1. Maturity within 5 years HKD/USD Up to 70% Prime Rate -1%
2. Maturity in 5-10 years HKD/USD Up to 50% Prime Rate -1%
Bonds (Selected) HKD/USD Up to 75% Prime Rate -1%
Securities (Selected blue-chips) HKD Up to 50% Prime Rate -1%
* Currently, the Foreign Currency Time Deposits Accounts that are accepted by the Bank are AUD, CAD, EUR, GBP, JPY, NZD, SGD, RMB and USD (JPY is not applicable for Secured Line of Credit.) and they are subject to change. The Bank has the sole discretion to accept other type(s) of time deposit account as secured asset.
** Standby Credit Line is calculated by reference to the FCY pledge ratio and the exchange rate as determined by the Bank. Customers can approach either Call Centre or their Relationship Managers for the current exchange rate.

Notes

  1. Prime Rate refers to the Hong Kong Dollar Prime Lending Rate as quoted by DBS Bank (Hong Kong) Limited (the "Bank"). HIBOR refers to the Hong Kong Dollar Inter-bank Offer Rate.
  2. The Bank reserves the right to make all final decisions on the approval of the asset((s)) eligibility, the lending ratio(s) and interest rate(s) for the Secured Line of Credit, as well as the approval of the application without prior notice.
  3. The Structured Investment Product is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
 

Features

A wide range of assets for pledging

A number of assets maintained with DBS are acceptable as collateral, including time deposits, structured investment deposits, securities and bonds.

Standby credit line of up to 100% of the asset value

Depending on the asset type, the lending ratio can reach up to 100% of the asset value.

Flexible interest charges

No minimum repayment. Interest is calculated based on the daily utilised overdraft amount, to suit your short-term or cash needs.

Revolving credit line

The credit limit will be automatically restored upon each repayment, allowing you to get extra standby cash without re-application.

Others

  • Overdraft available in HKD
  • No minimum repayment
  • Customer-friendly lending rates
 

Learn more

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