Private Sector BankSalaried Employeesunsecured

DBS Bank India Digibank Personal Loan

डीबीएस बैंक इंडिया डिजीबैंक पर्सनल लोन

100% digital personal loan via digibank by DBS app up to ₹15 Lakhs.

Max Loan Amount

₹25,000 to ₹15,00,000 (paperless app loan)

Interest Rate

10.99% - 18.00% p.a. (risk-grade fixed)

Tenure

12 to 60 months

Processing Fee

Up to 2.50% of loan amount + GST

✦ What It Is: Product Architecture & Regulatory Scope

DBS Bank India's 100% digital, paperless personal loan offered via the digibank by DBS app, disbursing funds directly in under 15 minutes.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• Mandatory 12-month lock-in on prepayment and foreclosure. • 3% foreclosure fee applies post-lock-in before 24 months. • Minimum net monthly income requirement of ₹25,000.

✦ Key Benefits & Features

• Disbursal in under 15 minutes directly into digibank savings account • Completely paperless application process with Video KYC • Repayment tenure up to 5 years (60 months) • 100% digital sanction letter generated within minutes.

✦ Prepayment, Part-Payment & Foreclosure Rules

Prepayment allowed after 12 months with 3% fee; NIL after 24 months.

✦ Eligibility Requirements

Salaried corporate employees with verified digital KYC. Min Age: 21, Max Age: 58. Min Net Monthly Salary: ₹25,000. Min CIBIL: 720.

Min Age21 Years

Max Age58 Years

Min Monthly Income₹25,000

Min CIBIL Score720+

✦ Documents Required

• Completely paperless (e-KYC and digital bank statements via Account Aggregator).

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Open digibank app > Loans > Personal Loan. Select amount and e-sign via OTP. Disbursed instantly.

Pathway B

New Online Applicant (Fresh Digital)

1. Visit dbs.com/in > digibank > Personal Loan. Submit mobile number, PAN, and complete Video KYC.

Pathway C

Branch Walk-In Application

Not applicable — STP digital product.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (DBS Bank India Digital Banking)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference

Frequently Asked Questions on DBS Bank India Digibank Personal Loan

How quickly is DBS Digibank Personal Loan disbursed?

Within 15 minutes directly into your digibank savings account upon successful video KYC.

Do I need physical document submission?

No, the entire process is 100% paperless.

What is the maximum tenure?

Up to 60 months (5 years).