What’s a beneficial Cashline account and why could it be employed for DBS/POSB Personal bank loan?

What’s a beneficial Cashline account and why could it be employed for DBS/POSB Personal bank loan?

  • An approval letter on DBS/POSB Personal bank loan is delivered out to the emailing target within step 3 business days shortly after finding the Texts message.
  1. A beneficial Texting confirmation for a prescription Cashline account (if the applied for a good Cashline account) and/otherwise recognition page(s) of your used Cashline or Charge card.
  2. If the taken out a beneficial Cashline membership, you are going to receive a DBS Atm Cards (if you do not have one) as an element of Cashline software.

Immediately following submission and you will acceptance of good DBS/POSB Unsecured loan on the Cashline and you can/or Bank card, you are going to receive other Text messages verification your DBS/POSB Consumer loan is approved. Excite look at your appointed be the cause of the fresh new crediting of your recognized loan amount.

What is the loan fees tenure that we can choose?

To have Singapore Resident or Singapore Permanent Owners taking on loan amount away from S$step three,100000 and you can over, the most loan tenure is actually ranging from step one to five years.

What exactly do I actually do towards the remaining borrowing limit about Cashline membership?

There is the liberty to utilize the fresh new readily available borrowing limit (to 95%) to take right up various other DBS/POSB Unsecured loan or you can utilize the available credit limit because the a great standby line of credit for brief usage. (更多…)

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