DBS Car Loan
DBS offers car loans starting from SGD 10,000 to SGD 200,000 with competitive APR rates between 2.78% to 3.5% and quick approval within an hour.
Last checked on June 11, 2026. We may earn a commission when you click through.
DBS Car Loan is a solid choice for those looking to finance a vehicle with flexible repayment terms and swift approval.
DBS Car Loan
Updated 4 days agoAt a Glance
Representative APR
2.78–3.5%
Loan Amount
$10,000–$200,000
Term
12–84 mo
Decision
In-principle approval within 1 hour
Eligibility Requirements
About this loan
DBS offers car loans starting from SGD 10,000 to SGD 200,000 with competitive APR rates between 2.78% to 3.5% and quick approval within an hour.
Our Verdict
DBS Car Loan is a solid choice for those looking to finance a vehicle with flexible repayment terms and swift approval.
Best For
Best suited for Singapore citizens or PRs with a stable income seeking a reliable car financing option.
Watch Out
Potential borrowers should be aware of the minimum income requirement of SGD 30,000 and ensure they meet the eligibility criteria.
What Customers Say
Borrowers generally appreciate the quick approval process but have mixed feelings about customer service.
Expert Analysis
When considering a car loan, DBS stands out with its in-principle approval in just one hour. This swift process is ideal for those eager to get behind the wheel quickly. With APR rates ranging from 2.78% to 3.5%, the bank provides competitive options compared to other lenders like OCBC and UOB, where rates can be higher.
The flexibility of loan amounts from SGD 10,000 to SGD 200,000 is appealing, catering to various vehicle types, from budget cars to luxury models. However, applicants should note the minimum annual income requirement of SGD 30,000, which might exclude some potential borrowers.
Customer satisfaction appears decent, but experiences may vary, particularly around the customer service aspect during the loan processing phase. Overall, while DBS offers an efficient loan process, individuals with lower incomes or inconsistent employment might find it challenging to qualify. For more details, visit the official DBS website.
You'll be redirected to dbs.com.sg
Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.
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3.22–12.0%
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$3k–$200k
Term
12–60mo
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2.78–3.88%
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12–84mo
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OCBC Car Loan
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2.48–3.5%
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12–84mo
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5.24–5.81%
Amount
$10k–$150k
Term
12–84mo
Age 21+
Singapore citizen, PR, or foreigner
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3.54–12.0%
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$5k–$200k
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