What amount can I get through a personal loan?

Personal loan for salaried people can range from Rs. 25,000 and Rs. 15 lakh, depending on eligibility.

What is the interest rate for my loan?

Interest rates range from 10.99% to 23.99%. How much you are charged will depend on various factors like income, credit score, and so on.

How long does the application process for a personal loan for salaried individuals take?

The application process for our personal loan only takes a few minutes.Once the application process has been completed,your account verification will be done.Then the personal loan amount will be credited to your digibank Savings Account.

Personal Loan for salaried employee made easy

Apply for Personal Loan

You might need a personal loan for a variety of reasons - a much-awaited international holiday, a sudden medical emergency or for a dream wedding. No matter what your purpose is, you can take a personal loan for salaried individuals offered through digbank by DBS.

Our guiding principle is ‘Live More, Bank Less’. Now, salaried employees can apply for a personal loan in just four quick and easy steps. The interest rates we offer are appealing, loan tenures flexible, and we have simple options for loan repayment. Download the digibank by DBS app, and you can get your required funds after a short wait. If you fit our eligibility criteria for a pre-approved personal loan, you get instant disbursal!

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Features and Benefits of Personal Loan for Salaried Employees

Instant Eligibility

It will just take you a couple of minutes

Entirely Paperless

You needn’t submit any physical document

Highly Tempting Interest Rates

You get fixed interest rates that are generous

Equally Accommodating Loan Tenures

Loan tenures vary from 12 to 60 months

Flexible Options for Loan Repayment

You can manage everything digitally from the app

Instantaneous Disbursal for Pre-approved Personal Loans

digibank Savings Account customers who are eligible will receive this offer

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Eligibility criteria for a personal loan for salaried employees

The eligibility criteria for a personal loan for salaried employees are:

Age	22 years (lower limit) 60 years (upper limit) at the time of loan maturity
Occupation	Salaried or self-employed
Income	Minimum of Rs. 20,000 per month

Apply for Personal Loan

Looking for an instant Personal Loan? With digibank get instant approval on Loans up to INR 15 lakhs

Apply for Personal Loan

Interest rates and charges

Our interest rates range from 10.99% to 23.99%

We charge only a nominal amount as the processing fee, and other charges are also very nominal.

To know more about our fees and charges for a personal loan for salaried individuals, click here

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Documents required for a personal loan

Unlike other banks, you don’t have to submit any paper documents to apply for a personal loan through digibank by DBS. All that is required is a KYC verification, which you will need to scan and upload (documents like passport, driving licence, voter's identity card, Aadhaar card or PAN card are accepted).

If your requirements exceed the permissible upper limit, you will be required to provide some bank statements and details (other banks). That’s all. We do not ask for salary slips or income tax returns.