What they said :
DBS Renovation loans
Low interest at 7.8% p.a. * Get started on your dream home now. Apply for your renovation loan today and enjoy great savings!
What’s more:
-
Up to six times your monthly income or $30,000, whichever is lower, to finance your renovation costs.
- If you and your spouse earn a monthly income of at least S$2,500 each, you may apply separately for a higher loan amount of up to $60,000**, with a separate quotation from the contractor and a proof of income.
Basic Requirements:
- To apply for Renovation Loan and DBS Cashline, you need to be a Singaporean or Permanent Resident earning at least S$24,000 p.a. and S$30,000 p.a. respectively.
Effective interest rate at 7.8% p.a., interest rate is subject to change without prior notice.
** Terms & conditions apply.
Visit they at their website
http://www.dbs.com/sg/personal/loans/renovation/
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