DBS Green Renovation Loan

Apply now

Key Features

3.88%
Interest Rate (p.a.)
1%
Processing Fee (approved loan)
0%
Admin Fee

Other Features

To be eligible for a Green Renovation Loan, you must include a minimum of 3 items from the Green Renovation Checklist in your renovation project and indicate them in the loan application form.
Borrow up to S$30,000 or 6 times your monthly income, whichever is lower.
Enjoy a loan tenure of up to 5 years.
Our online loan application is fully assisted by digibot.

Eligibility

Citizenship Status

Singaporean / PR

Age Requirement

21 – 65 years

Employment Status

Salaried / Self Employed

Guarantor / Collateral

Minimum Annual Income

S$24,000

Fees and Charges

Disbursement Fee: S$5 per order (1st Free)
Processing Fee: 1%
Admin Fee: 0%
Cancellation Fee: 1% of Approved Loan Amount
Late Payment Fee: S$35

Review

By LOANPANDA

DBS Green Renovation Loan offers an attractive interest rate of 3.88% p.a. and zero admin fee. To qualify for the green loan, you need to include a minimum of 3 green items in your renovation project. You can borrow up to S$30,000 or 6 times your monthly income.

The loan tenure can be up to 5 years, and you can benefit from a fully-assisted online loan application process with digibot. The bank charges a low processing fee of 1%, and there is a minimal late payment fee of S$35.

FAQ

A credit card is a convenient tool for people to pay for purchases today, offering many perks and rewards that can add up to more savings for the cardholders.

While there are so many types of credit cards offering different features, you may wonder: How best to choose one that suits you?

Here’s a short guide LOANPANDA has compiled to help you understand the credit card requirements, interest rates and basic payment terms.