Do you want to buy the latest refrigerator or washing machine? Are you looking to upgrade your old appliances or need funds to set up your home in a new city? If you are, your search for funds ends with DBS Bank. Enjoy a paperless loan application process along with flexible repayment plans with our online Consumer Durable Loans.
A type of Personal Loan, DBS Bank Consumer Durable Loan enables you to purchase a wide range of household appliances from refrigerators and air-conditioners to television sets, furniture, and more. You can avail of this unsecured loan without pledging any collateral and get speedy fund disbursals directly into your account.
You can get a Consumer Durable Loan from DBS Bank upon fulfilling the following criteria:
Submit scanned copies of the following documents with your DBS Bank online Personal Loan application.
*Income Proof documents to be submitted only upon the bank's request and based on the loan amount.
Open Instant DBS Bank Savings Account in just a few minutes.
At DBS Bank, we offer consumer durable loans starting at INR 25,000, with INR 15 Lakhs being the maximum loan amount.
You can consider applying for the loan jointly with another co-applicant with a high credit score. Doing so can increase your loan eligibility.
Yes, you can utilise the free-look facility and cancel the Consumer Durables Loan provided you do so within 48 hours of loan disbursement. However, you must forfeit the loan processing fee.