A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • DBS Home Loan Interest Rate

    DBS is one of the leading banks in India that offers great financial products and services. The home loans offered by DBS Bank comes with attractive benefits and features. They are designed to meet the needs and requirements of the customers. The rate of interest offered by DBS Bank with its home loan stands at 9 %. The processing fee associated with the housing loan is Rs.10,000. The tenure of the loan ranges between 1 year and 25 years. There are no-partial pre-payment charges pre-closure charges associated with DBS Bank housing loan. No guarantor is needed to apply for this loan.

    Below Mentioned are DBS Home Loan Interest Rates offered By BankBazaar:

    Rates and Charges Specification
    Interest Rate (Monthly reducing balance) 9 %
    Processing Fees Rs.10,000 (plus applicable tax)
    Loan Tenure 1 year to 25 years
    Partial pre-payment Charges Nil
    Pre-closure Charges Nil
    Guarantor Requirement No Guarantor required

    Types of home loans offered by DBS:

    • Home Loan
    • Refinance Loan
    • Loan against property
    • Flexi Loan

    DBS bank home loan rate of interest

    Loan Slabs Rate of Interest
    Any Loan amount (without the Flexi Account facility) 3 Month MCLR + (up to 0.80)
    Any Loan amount (with the Flexi Account facility) 3 Month MCLR + (up to 0.95)

    The rate of interest associated with any loan amount without the flexi account facility stands at 3 months MCLR plus up to 0.80%. The rate of interest associated with any loan amount with the flexi account facility stands at 3 months MCLR plus up to 0.95%.

    DBS home loan rate of interest against property:

    Loan Slabs Rate of Interest
    Any Loan amount (without the Flexi Account facility) 3 month MCLR plus up to 3.25%
    Any Loan amount (with the Flexi Account facility) 3 month MCLR plus up to 3.40%

    DBS MCLR rate:

    Tenure MCLR rates
    12 months MCLR 8.90%
    6 months MCLR 8.90%
    3 months MCLR 8.90%
    1 month MCLR 8.80%
    Overnight MCLR 8.80%

    Factors on Which DBS Bank Home Loan Interest Rate Depends:

    • Salary: The housing loan applicant’s salary is extremely important in determining the interest rate associated with the loan. If the salary of the applicant is high, the rate of interest associated with the home loan will be low.
    • Amount: The rate also depends on the amount of loan borrowed by the customer. If someone avails a higher loan amount, he/she will have to pay a lower rate of interest.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    DBS Home Loan Interest Rate Reviews

    • DBS Bank Home Loan
      "Waste of time due to unrealistic response"
      0.5 1.0/5 "Really Bad"
      I get much more loan eligibility in market compare to you guys and the banks i short listed through you. While the marker operates at a different reality level, your platform doesn't which led to a feeling of waste of time.. No follow up on what happened to client's call with banker. Did it get through or not? Is there any other way in which we can help you? etc...
      Was this review helpful? 1
      , mumbai
      Reviewed on Oct 17, 2018
    • DBS Bank Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My home loan application was closed with DBS, the reason why the application was closed is because the required loan amount was not fulfilled. I am happy with the customer service as their response is on time. The rate of interest was high when compared to other banks.
      Was this review helpful? 1
      , gurgaon
      Reviewed on Jul 10, 2018
    • DBS Bank Home Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have applied for the home loan from DBS, the loan application was closed because the loan amount which i requested was Rs 1.20 crore but that was not possible. Customer service was fine and their response was up to the mark. The rate of interest was nominal when compared to others.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 09, 2018
    • DBS Bank Home Loan
      "They have to reduce the interest rate"
      0.5 1.0/5 "Really Bad"
      I have applied for loan of 40 lakhs and i have rejected the same due to high interest rates. They are offering a interest rate of 8.45% and the processing fee of Rs. 5000. I don't remember about the EMI option. The customer care is not good. They did not come to collect the documents and all.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 09, 2018
    • DBS Bank Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I had a plan to take home loan with DBS bank. Their interest rate was very high than ICICI Bank so I have canceled the request and taken with ICICI BANK. The customer service and responses was up to the mark. I was planning o taken 80,000 and the interest rate was 8,5% here but their customer service was good.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 06, 2018
    • DBS Bank Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The DBS BANK has disbursed the home loan within a 15days of time. The customer support service is good with the DBS BANK, they were prompt in their response part . The rate of interest and the charges are low with the DBS BANK when compared with other banks.
      Was this review helpful? 1
      , new delhi
      Reviewed on Feb 14, 2018
    • DBS Bank Home Loan
      "Good "
      0.5 3.0/5 "Satisfactory"
      I got the home loan with the Deutsche Bank Services and the customer service is okay one for me. Responsiveness is good one with the DBS bank. Rate of interest is also good one for me with them and its a smooth ended process for myself.
      Was this review helpful? 0
      , pune
      Reviewed on Feb 02, 2018
    • DBS Bank Home Loan
      "GOOD"
      0.5 4.0/5 "Great!"
      It was a good experience that I received from DBS Bank as i applied for the home loan process the bank people cancelled the application . The Rate of interest was high which they gave me as compared to other banks . They were not giving me a full approval on the amount i asked for . The Customer service was good from their end, all the required information was given to me properly .
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 29, 2017
    • DBS Bank Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have my home loan with DBS for about 2.5 years. The loan amount was 37 lakhs and the interest rate was 8.35% which was avergae in the market so It recommendable . The tenure period was 20 years and I had a very good loan process here . The processing fee was nominal so I would like to recommend to others.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 22, 2017
    • DBS Bank Home Loan
      "Good One"
      0.5 4.0/5 "Great!"
      it was a good experience with DBS Bank as i took a home loan from there . No full approval was given . Was asking fr 95% approval but thy were only provide 80% approval . the Customer service was good from the bank side . all the Information was given to me in a proper way . Bank canceled the application from their end .
      Was this review helpful? 2
      , mumbai
      Reviewed on Dec 14, 2017
    • DBS Bank Home Loan
      "Outstanding"
      0.5 5.0/5 "Blown Away!"
      My experience was good with DBS Bank. The documentation process was smooth and good. They provided a doorstep service for document collection. They provided a good customer service. The rate of interest was lower than the market price. There are no charges when it comes to pre closure.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 23, 2017
    • DBS Bank Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have taken a home loan with DBS Bank. They have offered 1L 80K. The payment option is convenient. The customer service and response was good. They have sanctioned the loan on time. There is no pre closing fee. The documentation process is normal.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 22, 2017
    • DBS Bank Home Loan
      "Customer oriented"
      0.5 5.0/5 "Blown Away!"
      DBS bank taken some time to process my loan, because there was documents pending on my end. They DBS completed the disbursement quickly. I have taken the home loan of Rs. 1.5 crore with better interest rate and there was no addition charges or processing fee.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 02, 2017
    • DBS Bank Home Loan
      "Looking for the better offer"
      0.5 3.0/5 "Satisfactory"
      DBS is really nice bank they offering good interest rate for the home loan. But relationship manger was not coordinated well with me . They taken almost two months to process the loan. They need to improve the service and documentation procedure should be faster and should provide loan letter to the customer on time.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 21, 2017
    • DBS Bank Home Loan
      "not bad"
      0.5 4.0/5 "Great!"
      I have approached DBS for my home loan. I was looking for 55 lakhs loan amount but they could offer 48 lakhs maximum so I have cancelled the loan application. The rate of interest was 8.3% which was average and good . The customer service and responses was satisfactory here and I would like to recommend also.
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 11, 2017
    • DBS Bank Home Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      I have approached DENA BANK for my home loan. I have postponed the plan for 6-1 years so I have cancelled the application. The rate of interest was 8.25% which was bit low comparing to other banks. My overall experience was good and i would like to rate 5 out of 5 overall.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Oct 09, 2017
    • DBS Bank Home Loan
      "good service"
      0.5 4.0/5 "Great!"
      I had a good experience with DBS in regards to my Home loan application. I received a good response with detailed information on the requirements but had decided not to buy a house at the moment. I was happy with the overall service provided to me.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 05, 2017
    • DBS Bank Home Loan
      "satisfied"
      0.5 4.0/5 "Great!"
      I had applied for a Home loan with DBS bank and the initial response was good. The details were provided to me and it was a smooth start however i could not proceed with the application as the property deal was not good at the moment. I have had no issues with regards to the bank and the service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 05, 2017
    • DBS Bank Home Loan
      "Goor experience"
      0.5 5.0/5 "Blown Away!"
      I had gone for a home loan to DBS bank and the service was up to the mark. The bank had responded well with clear details of what was required. however i didn't go with the loan process as my decision was postponed. I was satisfied with the overall experience with DBS Bank.
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 05, 2017
    • DBS Bank Home Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I have not go ahead the housing loan balance transfer with the DBS bank and they were not okay to provide the funds , what I have asked. Rate of interest with the DBS bank was not ok and the zero processing fee is applicable. Response and everything was fine and I have not found any issues with them till now. Even I can say its instant too.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 28, 2017
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.