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DBS Home Loan News - May 2022
- 2021-04-30 : DBS planning to buy Citi’s consumer banking in India
DBS is planning to purchase Citi’s consumer business in India. Citibank announced that it will be exiting from 13 international consumer banking markets, including India and China as part of its global strategy. - 2021-03-09 : DBS Bank launched a travel marketplace on the digibank app
DBS Bank introduced a travel marketplace on the digibank app. It will enable customers to browse and book flights, bus tickets and hotels across hundreds of destinations within and outside of India. DBS bank offers a savings account and currently the interest on the savings account is 4%. - 2019-03-06 : DBS Bank inaugurates the first branch in Ahmedabad
DBS Bank on has inaugurated its first branch in Ahmedabad with a focus on catering to the needs of Small and Medium-sized Enterprises (SMEs), corporate and retail segment. The lender is increasing its presence in the state as well as the nation also by opening eight more number of bank branches. The lender has further plans to reach out to more number of SMEs through their digital offerings as well as superior banking services. - 2018-09-07 : DBS Bank hikes Floating Home Loan and LAP rates
DBS Bank has increased its floating Interest Rate on the home loan and Loan Against Property (LAP) by 25 basis point following the hike in its MCLR. The new rate for the Home loan now starts at 9.70% and for that of LAP at 12.15%, a hike of 25 basis points. The revised rates are effective from September 7, 2018. There is no change in the processing fees. - 2018-08-08 : DBS Bank revises MCLR rates
DBS Bank has revised its MCLR for the month of August. The rates continue to be in the range of 8.60% to 8.90%. Six month MCLR is now at 8.85% and that of one year is 8.90%. The rates are effective from August 7, 2018.
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