Category: personal loans rates calculator

What is a Cashline account and exactly why would it be used in DBS/POSB Personal bank loan?

What is a Cashline account and exactly why would it be used in DBS/POSB Personal bank loan?

  • An affirmation page to your DBS/POSB Personal loan will be sent out over your own mailing address within step three business days once choosing the latest Texts message.
  1. A Texting verification to possess a prescription Cashline account (in the event that removed a beneficial Cashline account) and/or approval page(s) of your own used Cashline otherwise Bank card.
  2. In the event the applied for a beneficial Cashline membership, you are going to discovered a DBS Automatic teller machine Cards (if you do not have one) included in Cashline software.

After distribution and you will approval out-of an effective DBS/POSB Personal loan in your Cashline and you may/otherwise Credit card, you are going to found various other Texts confirmation that DBS/POSB Personal bank loan is eligible. Please check your appointed make up the latest crediting of your acknowledged loan amount.

What is the financing cost tenure that i can choose?

To have Singapore Resident or Singapore Permanent Customers using up loan amount regarding S$step 3,100 and you can significantly more than, the utmost mortgage period is ranging from 1 in order to 5 years.

What do I really do towards the left borrowing limit regarding Cashline membership?

You’ve got the independence to make use of the fresh offered credit limit (around 95%) for taking right up another DBS/POSB Unsecured loan you can also utilize the offered borrowing limit just like the good standby personal line of credit having short term usage. There are no most support documents required for such spends for the their kept credit limit.

How about the remaining credit limit inside my Bank card?

You can use the fresh new available borrowing limit (as much as 95%) for taking right up several other DBS/POSB Personal loan otherwise use with other Credit card aim particularly while the retail deals. More…

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