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POSB Car Loan Promotion
Save more, worry less for your car. Receive 3 months interest-free* on us when you apply for your car loan online at 1.99% p.a. fixed flat (EIR 3.77% p.a. based on a 7-year loan tenure).
few minutes is all you need to enjoy this attractive offer. Apply online through digibank or MyInfo.
Enjoy this great offer in just two steps
Step 1: Click on Apply now
Step 2: Login via digibank and / or MyInfo to complete this application
New feature! - Enjoy less hassle and skip the need to provide income documents when you retrieve your personal information via MyInfo.
* 3 months interest-free will come in the form of one-time interest rebate payable to customer after loan disbursement. To qualify for 3 months interest-free, a minimum loan amount of $10,000 and a minimum loan tenure of 3 years is required. This promotion is open to customers who apply for a DBS Car Loan online, towards the purchase of a pre-owned car.
The approved loan amount is capped at 60% or 70% of the Nett Purchase Price (less the value of 3 months interest) or Nett Valuation Amount, whichever is lower, depending on the Open Market Value of the vehicle. For the purpose of this promotion, the Nett Purchase Price is derived as follows: "Nett Purchase Price = Advertised Purchase Price - (3 months interest amount)“
Access to credit report: You may obtain a free credit report within 30 calendar days from the date of application. There are two ways to obtain a free credit report. You can go to the credit bureau website listed below or bring your approval or rejection letter and your original NRIC to the credit bureau's registered office. Credit Bureau (Singapore) Pte Ltd is located at 2 Shenton Way #20-02 SGX Centre 1 Singapore 068804 Tel: (65) 6565 6363. Website: www.creditbureau.com.sg
Terms and Conditions
Get the full terms and conditions regarding these promotions below.
DBS Car Loan Online Promotion