Who’s eligible for a personal loan from digibank by DBS?

To avail a personal loan from digibank by DBS, you have to complete these criteria: You need to be at least 22 years old,and no older than 60 at the time your loan matures You can be salaried or self - employed And you need to have an income of at least Rs.30,000 per month

Apply Personal Loan in Delhi at 10.99% upto ₹15 Lakhs

Q: What are the fees and other charges?

With a digibank by DBS personal loan, everything is transparent. Here’s a look at our fees and charges: Processing fee: 1 % to 3 % of the loan amount + GST as applicable Foreclosure charges: You can foreclose 12 months from the date of disbursement.The charges are collected on the principal outstanding + GST as applicable.Here are the fees for different tenures: 2 - 24 months: 4.5 % 25 to 36 months: 2.5 % 36 months or more: 2 % The same rates apply to part prepayment charges,which can only be done after 12 months from date of disbursement subject to a maximum of two pre - payments in a year If the standing instruction is dishonoured, you will be charged Rs .600 / -per instance + GST, and there will be a penal interest rate calculated at 24 % per annum, i.e .2 % per month,on the overdue instalment EMI for personal loans in Delhi disbursed between 1 st to 19 th of the month will start from 6 th of the next month,while those disbursed after the 20 th of the month will begin from 10 th of the following month

Q: What if I change my mind about the loan?

Loan cancellation can be only be done only two days after loan disbursal. There are no cancellation charges, but the processing fee and applicable taxes collected will not be refunded.

Personal Loans In Delhi

Delhi blends heritage with opportunity. As the nation's capital, it serves as a hub that brings together working professionals, business owners, and people from all walks of life contributing to the vibrant and bustling atmosphere of the city. With rising expenses and changing needs, access to timely funds can make a meaningful difference. Get an instant personal loan in Delhi from DBS Bank can help you manage milestones, cover unforeseen costs, or support your goals with ease and flexibility.

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Features and Benefits of DBS Bank Personal Loan in New Delhi

If you're seeking a reliable personal loan in New Delhi, DBS Bank offers a range of personal loan options that are both practical and easy to access. Here's how you can benefit:

Avail personal loans from INR 25,000 to INR15 lakh, suited for both urgent needs and planned expenses.
Enjoy competitive interest rates starting at 10.99% per annum, helping you manage your loan affordably.
Flexible repayment tenures between 12 to 60 months let you choose what works best for your financial situation.
With the digital application process, getting an Instant Personal Loan in New Delhi is fast and hassle-free.
Fully transparent process ensures there are no surprises with fees or terms.

You can use the Personal Loan EMI Calculator to plan your monthly outflow with ease, even before you apply.

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Personal Loan EMI Calculator

Managing a personal loan in New Delhi becomes easier when you can estimate your monthly instalments in advance. The Personal Loan EMI Calculator lets you enter your preferred loan amount, interest rate, and tenure to get a quick estimate of your repayment schedule. It helps you make better borrowing decisions, keeping your finances on track.

Documents Required for a Personal Loan in New Delhi

Applying for a personal loan in New Delhi through DBS Bank is simple and fully digital. You can upload all necessary documents securely via the DBS digibank app or our online platform:

Identity Details: Aadhaar and PAN numbers along with a valid contact number and email ID.
Income Proof:

For Salaried Individuals: Latest salary slips.
For Self-Employed: Recent bank statements or income tax returns.

The bank may request additional documents related to your financial profile, depending on the loan amount and your eligibility.

To know your borrowing potential before applying, you can use the Personal Loan Eligibility Calculator for an instant estimate based on your income and obligations.

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Uses of Personal Loan in Delhi

A DBS Bank personal loan in New Delhi offers the freedom to meet various financial needs with ease. Whether planned or urgent, here are some common ways customers make use of their loan amount:

Wedding Loan
Celebrate life’s important moments without financial stress. A wedding loan in New Delhi helps you manage the arrangements smoothly and focus on what matters.

Travel Loan
Take a well-deserved break or plan trips on your own terms. A travel loan in New Delhi gives you the flexibility to fund travel whenever the opportunity arises.

Gadget Loan
Stay updated with the latest technology when needed. A gadget loan in New Delhi helps you purchase electronics without affecting your monthly budget.

Home Renovation Loan
Improve your living space with greater convenience. A home renovation loan in New Delhi supports upgrades and repairs without delays.

Emergency Personal Loan
When urgent needs arise, quick access to funds can make all the difference. An emergency personal loan in New Delhi ensures you’re never caught unprepared.

Consumer Durable Loan
Add comfort and utility to your home on easy terms. A consumer durable loan in New Delhi is ideal for essential purchases with flexible repayment.

How to Apply for a Personal Loan in New Delhi

Getting a personal loan in New Delhi with DBS Bank is simple, digital and time-saving. Just follow these three easy steps:

Step 1: Start Your Application
Fill the loan application form on website or use the DBS digibank app to enter your loan amount and basic personal details.

Step 2: Submit Your Information
Upload your Aadhaar, PAN and contact details online. In some cases, income proof may be required based on your profile.

Step 3: Receive Disbursal
After approval, the sanctioned loan amount is credited directly to your savings account without the need for physical paperwork or branch visits.

With DBS Bank, you can easily get a personal loan for self-employed as well a salaried employee with DBS Bank.

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Frequently Asked Questions

Who’s eligible for a personal loan from DBS Bank?

To avail a personal loan from DBS Bank, you have to complete these criteria:

You need to be at least 22 years old, and no older than 60 at the time your loan matures
You can be salaried or self-employed
And you need to have an income of at least INR 25,000 per month

What are the fees and other charges?

When you apply for a personal loan in New Delhi with DBS Bank, the following charges may apply:

Processing Fee – Up to 3% of the approved loan amount, plus applicable GST
Foreclosure Charges – Between 2% to 4.5% of the remaining principal, depending on the tenure, plus GST
Partial Prepayment Charges – Ranges from 2% to 4.5% of the prepaid amount, plus GST
Loan Cancellation – No cancellation fee is applied, but processing charges and taxes are non-refundable

For a complete breakdown of personal loan charges, click here.

What if I change my mind about the loan?

If you decide to cancel your personal loan in New Delhi after the funds have been credited, you can place a cancellation request within three days of disbursal. While DBS Bank does not levy a cancellation fee, any processing charges and applicable taxes paid earlier will not be returned.

How to get a personal loan in Delhi?

You can apply for a Personal Loan in New Delhi through the DBS digibank app or official website. Fill in basic details, submit documents digitally, and get quick approval.

How long does it take to get a personal loan in Delhi?

With DBS Bank, eligible applicants can receive an Instant Personal Loan in New Delhi within 1 or 2 days, subject to verification and approval.

**All loans will be given out at the sole discretion of DBS Bank India Limited.

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