Affordable Housing Loan for middle and low-income

Affordable Housing Loan

Bring your dream home to life with ease. DBS Bank’s Affordable Housing Loan offers flexible terms and competitive interest rates-whether you're buying a new home or making repairs. Enjoy full transparency with no hidden charges and a simple, hassle-free application process that you can start even before finalizing a property.

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Affordable Home Loan Features and Benefits

Wide Product Coverage.

Build your dream home with DBS Bank by applying for home loans between ₹3 lakh - 35 lakhs* for individuals to purchase (fresh/resale), Home Extension, Home Renovation and Repairs, Top Up or Balance Transfer of your existing high cost housing loan to DBS Bank.

Quick & Hassle-free Process

With DBS Bank, you can get a home loan even before finalizing a property. The application process is quick and convenient, transparent and hassle free.

Automated EMI Repayment

Never miss your EMI due date by setting up standing instructions to automatically repay your home loan EMIs directly from your DBS Bank Savings account.

Enjoy Attractive Interest Rates, With No Hidden Charges

Applicant should be either a salaried individual, self-employed professional or business owner, with a stable source of income.

Tax Benefits

Enjoy income tax deductions under Section 80C and Section 24 when availing Affordable Housing Loans, maximizing your savings.

Affordable Home Loan EMI Calculator

Planning for your affordable home loan can keep you one step ahead in managing your personal finances. Estimate monthly EMIs using the Housing Loan EMI Calculator to make informed decisions.

Calculate NowLoan Eligibility Criteria and Documentation for Affordable Housing LoanTo ensure a smooth affordable home loan approval process, applicants must meet certain eligibility criteria and submit the required documents based on their employment and income profile.Loan Eligibility Criteria:

Applicant should beeither asalaried individual,self-employed professional or business owner, with a stable source of income

In the case of a married couple, either or both spouses in joint ownership can apply for a single low-income housing loan

Note: Applicants may apply with or without traditional income proof, subject to the bank’s internal assessment and property eligibility.How to Apply for DBS Bank Affordable Housing Loans?You can choose from the following options to apply for affordable housing finance with DBS Bank:

Submit your interest in just a few steps and we’ll get in touch with you

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Branch Visit: Use the branch locator to find the nearest DBS Bank branch. Do not forget to carry your documents.

Missed Call: Give a missed call on 02269335696, and an executive will get in touch with you.

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Affordable Housing Loan Interest Rates and ChargesDBS Bank ensures complete transparency when availing an Affordable Housing Loan.For detailed insights into DBS Bank Affordable Housing Loan interest rates click here.For detailed insights into DBS Bank affordable housing fees and charges click here.

Key Documents Required:

KYC Documents: Aadhaar, PAN, Passport, or Voter ID

Income Proof: Salary slips, bank statements, ITRs (as applicable)

Property Documents: Title deed, sale agreement, approved plan

Photographs: Recent passport-size photos

Additional documents may be requested during the loan process.

DBS Bank Affordable Housing Loan Customer Story

Think That's All? There's more where that came from!

Personal Loan

Access flexible financing with DBS Bank Personal Loan to fulfil your immediate needs without the hassle.

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Leverage your real estate assets to secure a long-term loan of up to ₹1Cr with DBS Bank Consumer Loan Against Property (C-LAP).

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How is a subsidized housing loan different from a regular home loan?

The DBS Affordable Housing Loan is designed for individuals across diverse employment types, including SMEs, family-run businesses, and blue-collar jobs. It doesn’t require formal income proof and allows preapproval before property selection. In contrast, the regular DBS Bank Home Loan is for applicants with stable, documented incomes. Each loan serves different needs, depending on the borrower’s financial situation and employment type.

What is the loan amount I can borrow under the Affordable Housing Loan?

What is the interest rate for an Affordable Housing Loan?

How long does it take to repay Affordable Housing Loan?

At DBS Bank we allow our customers to repay their home loans as per their income and repayment capability. The tenure for our subsidized housing loan is up to 25 years. If you want your EMIs to be on the lower side, you can choose a higher home loan tenure and vice-versa.

What does an ‘Affordable’ Housing Loan cover?

A DBS Bank Affordable Housing Loan covers it all - whether you're buying a new or resale property, renovating, extending, or repairing your home. If you need extra funds, you can also apply for a Top-Up loan conveniently.