How to Pay DBS Housing Loan Online

Paying your DBS housing loan online is a convenient and straightforward process. Below are the detailed steps you can follow to make your payment smoothly:

1. Log In to DBS Online Banking:

• Go to the DBS website or open the DBS mobile banking app.
• Enter your login credentials (User ID and PIN) to access your account.
• If you do not have an account, you will need to register first.

2. Navigate to the Loan Payment Section:

• Once logged in, look for the “Pay” or “Transfer” section on the dashboard.
• Select “Loan Payment” or “Housing Loan Payment” from the available options.

3. Choose the Loan Account:

• You will be prompted to select the housing loan account you wish to pay from.
• If you have multiple loans, ensure you choose the correct one.

4. Enter Payment Details:

• Input the payment amount you wish to pay. Ensure you check the exact amount due as per your loan statement.
• Select the source of funds if required.

5. Review Payment Information:

• Double-check the details you have entered to ensure accuracy.
• Review the payment amount, loan account number, and other details.

6. Confirm and Authorize Payment:

• Click on the “Confirm” or “Authorize” button to proceed.
• You may need to enter a one-time password (OTP) sent to your registered mobile number for additional security.

7. Payment Confirmation:

• After completing the payment, you will receive a confirmation notification on the screen.
• You can also check your email for a payment receipt or confirmation.

8. Monitor Your Loan Account:

• Regularly check your loan account to ensure the payment has been applied correctly.
• If you encounter any issues or discrepancies, contact DBS customer service for assistance.

Additional Tips:

• Ensure you make payments before the due date to avoid any late fees.
• Set up automatic payments or reminders to manage your payments more efficiently.

Following these steps will help you manage your DBS housing loan payments effectively. Online banking offers a hassle-free way to stay on top of your loan obligations.