Home Loan

Home Loan

Get closer to owning your dream home with DBS Bank home loan. Our home loan experts are will assist you at every step of the process to have a smooth experience and avail a tenure and EMI as per your needs. Get started by applying for your home loan.

Home Loan EMI Calculator

Make calculating your monthly home loan instalments easy with our home loan calculator. Adjust the duration of EMI or the amount of repayment to arrive at the perfect housing loan EMI plan for you.

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Terms & conditions apply. Credit at sole discretion of DBS Bank India Limited.

DBS Bank Home Loan Features and Benefits

Refer to the points below to learn how a housing loan from DBS Bank can help you meet your funding needs with ease:

Fast and Easy Approval
Apply for home loan online within minutes of filling your details on the website.
Expert Support
Get personalized assistance from our loan specialists, ensuring a smooth process.
Competitive Interest Rates
Benefit from attractive interest rates that make repayment more affordable.
Get loan assistance to match your need
For Ready Property, Resale or Refinance.
No Hidden Fees
Enjoy transparent processing with no hidden charges, just clear, straightforward terms.
Convenient Repayments
Choose pocket-friendly EMIs with extensive repayment tenures allowing you to repay the loan flexibly and comfortably.

Eligibility criteria & Documentation for Home Loans

Eligibility Criteria

Age: 21 and above
Nationality: Indian citizens
Employment: Minimum 2 years for salaried, 2-3 years for self-employed.
Income: Sufficient income to comfortably repay the loan.
Credit History: Good credit score.

Required Documents

Identity & Address Proof: PAN, Passport, Voter ID, Aadhaar (masked), or utility bills.
Photographs: Passport-sized photos of applicant.
For Salaried Applicants:

Income Proof: Last 3 months’ salary slips, 6 months’ bank statements, and Income Tax Returns for the last 2 years.

For Self-Employed Applicants:

Income Proof: Income Tax Returns for the last 2 years, audited balance sheets, and profit & loss statements.
Business Continuity Proof: Relevant documents to show business continuity for 2-3 years.

Property Documents: Proof of ownership, title deed, and approved building plans.

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DBS Bank Home Loan Interest Rates and Fees

For detailed insights into DBS Bank home loan interest rates and fees, visit our Home Loan Fees & Charges page. This page offers a transparent breakdown of all costs associated with our Home Loan, helping you understand the terms before you decide to apply.

The following are the key fees and charges associated with DBS Bank home loans:

Interest Rate: Upto 8.70% (subject to profile and loan type).
Processing Fee: Upto INR 10,000 (non-refundable)
Foreclosure Charges: 2% on the outstanding loan amount (fixed-rate loans); NIL for variable-rate loans.

For detailed charges, visit the schedule of charges.

How to Apply for DBS Bank Home Loan

If you're planning to apply for a home loan, DBS Bank offers multiple convenient options. Refer to the steps below:

Apply Home Loan Online

Click here to apply for a Home Loan
Enter the necessary details
Once you “submit” the form our bank executive will get in touch with you

Visit a Branch

Visit your nearest branch
Apply in person with the required documents
A Mortgage specialist will assist you at the branch

Home Loans are available in Mumbai, Delhi, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata.

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Loan Against Property

Borrow up to ₹1 Crore and enjoy easy paperwork with trusted property security through DBS Bank Consumer Loan Against Property (C-LAP).

Open a DBS Bank Account Now

How to Apply

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Home Loans offered in Mumbai, Delhi, Pune, Bengaluru, Chennai, Hyderabad and Kolkata.

What is a home loan?

A home loan is a type of financial assistance provided by banks or financial institutions to help individuals purchase, construct, or renovate residential property. The borrower repays the loan amount over a fixed tenure through EMIs.

How is the EMI of a Home Loan calculated?

The EMI for a home loan is calculated using three main factors: the loan amount, the interest rate, and the repayment tenure. The standard formula used is:EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]Where:P = Principal amountR = Rate of interest per monthN = Number of monthly installmentsConsider using a home loan calculator to estimate your monthly EMI in just a few clicks.

What is Floating Rate of Interest on a Home Loan?

A floating rate of interest on a home loan means the interest rate is not fixed and can change during the loan tenure. It fluctuates based on market conditions or the lender's benchmark rate, which affects your EMI amount.

What is the meaning of a fixed rate of interest on a home loan?

A fixed interest rate on a home loan remains constant throughout the loan tenure, ensuring stable EMIs. It helps with predictable budgeting, especially during periods of rate volatility.

What are the tax benefits associated with a home loan?

You can claim deductions under Sections 80C and 24(b) on principal and interest. These tax benefits apply when you apply for home loan and meet eligibility criteria.