application form

Application for POSB Loan Assist Plus

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My Work Details

Company Name:

Company Address (Please do not give a P.O. Box or foreign address):

Block Unit # –

Current Position:

04 Executive 05 Office Worker 19 Supervisor

30 Technician 28 Chef 27 Teacher

06 Sales 31 Telemarketer 33 Driver

32 Customer Service Support Staff 09 Blue Collar

10 Others

Job Status: E Employee S Self -Employed

c Variable/Commission Earner Others

Occupation:

Industry/Business Type: 04 Banking & Finance 05 IT/Telco

02 Building/Construction 20 Shipping/Transport 29 Travel Related

11 Government 17 Manufacturing 23 Hotel/Restaurant

27 Retail 19 Others

Length of Current Employment: Years Months

Name of Previous Company:

Length of Previous Employment:

My Personal Details

Title: Dr Mr Mrs Miss Mdm

Name (as in NRIC):

NRIC No.: Gender: Male Female

Date of Birth: (dd/mm/yyyy)

Nationality: Singapore Citizen

Singapore PR, Nationality:

Marital Status: 1 Single 2 Married

3 Divorced Others

No. of Dependants:

Education: 03 University/Post-Grad 05 Diploma Holder

07

10

‘A’ Level 08 Secondary

09 Primary

06 Technical

Others

Correspondence Address: Residential Office

Residential Address (Please do not give a P.O. Box or foreign address):

Block Unit # –

Postal Code

Postal Code

Home Tel: Office Tel:

Mobile No:

Email:

Residential Status: Self-Owned S Mortgaged M

Rent R Live with Parents P

Employer’s E Others O

Residence Type: HDB HD Landed LA

Condominium/Apartment CA Other OT

Length Of Stay At Address: Years Months

66

/ /

Years Months

Annual incomeS$20,000 – <S$30,000

(Mandatory field)

EligibilityYou must be a Singaporean or Permanent Resident between 21 and years of age residing in Singapore and earn a gross annual income of at least S$20,000 p.a. - < S$30,000 p.a.

Existing DBS Cashline and POSB Loan Assist customers will not be eligible forPOSB Loan Assist Plus.

Please allow 1-2 weeks for processing. Applications not accompanied with required documents or with incomplete information will result in a delay in processing.

Please submit all documents with this application form. Required documents

For Salaried Employees• NRIC (front and back), AND either a OR b OR c

a latest 12 months' CPF Contribution History Statement^ b latest computerised payslip c latest 6 months’ bank statement reflecting salary credited to bank account

For Commissioned or Variable Income Earners• NRIC (front and back), AND either a OR b OR c

a latest 12 months' CPF Contribution History Statement^ b latest 3 months’ computerised payslips c latest 6 months’ bank statement reflecting salary credited to bank account

For Self- Employed • NRIC (front and back), AND

a latest 2 years' Income Tax Notice of Assessment

70

**

** You can now print your Income Tax Notice of Assessment at myTax Portal with yourSingPass or IRAS PIN. The service is free. Log on to https://mytax.iras.gov.sg for more details.

www.dbs.com/sg/personal/cpfsubmit on:

Important information to take note:• Processing fee of 3% and Insurance fee of 1% each will be deducted upfront

from the approved loan amount.• A penalty fee of 1.5% of the outstanding loan amount is payable if the loan is

fully prepaid within the first year.•

• POSB will only process applications that meet the bank’s internal requirements.• POSB will be unable to process this application if the Cash in 5 mins system is

unavailable at the point of application.

The effective interest rate for POSB Loan Assist Plus is (1 year), (2 year), (3 year), % (4 year) and % (5 year).

AIR(% p.a.)1

EIR(% p.a.)2

10

21.5710

11

11

20.0111

%

24.91

21.74

20.75

24.91% 21.57%21.74 20.75 20.01

Application for POSB Loan Assist Plus (continued)

My Financial Details (Provide income documents as stated)

emocnI fo )s(ecruos rehtOMonthly Salary

S$ S$

My Other Credit Lines

My Financial Commitment

Other Financial Institution

1.

Type of loan: Loan Amount:

Security: Monthly Repayment:

2.

Type of loan: Loan Amount:

Security: Monthly Repayment:

Declaration (Please read before signing)

My Loan Request

Loan Amount Required: S$ (POSB Loan Assist Plus - min. loan amount: S$3,000)

The bank may grant a lower limit which may differ from what is requested.

Please refer to Loan Tenure Table for the minimum and maximum loan tenure with each corresponding loan amount required.

Loan Tenure: 12 mths (C70010) 24 mths (C70010)

48 mths (C70011) 60 mths (C70011)

36 mths (C70011)

(POSB Loan Assist Plus: min. loan tenure 12 mths and max. loan tenure 60 mths)

Please provide your POSB/DBS bank account for crediting of your loan amount and debiting of monthly instalment.

(Joint All, Trust and SAYE accounts not permitted)

For Bank UseSpec No:

Initial:

NRIC No: Date:

Applicant’s SignaturePlease sign as per your POSB/DBS account(for thumbprint account, please visit any POSB/DBS branch to have your signature verified):

X Sign here

POSB

Biz

Reg

. No.

528

8014

8A

09

Code: 05-LPB9SN3300-V

Bank Credit Limit Outstanding Balance (if any)

I understand that where I nominate my joint-alternate account to facilitate the crediting/debiting of my loan, any funds within the account for this purpose may be accessible and/or withdrawn by the other account holder(s) without my consent, and DBS shall not be liable for such access/withdrawal.

I understand that in the event of my loan is not approved, I may choose to close the account that was opened solely to facilitate the crediting and debiting of the loan amount.

I understand that you reserve the right to decline this application without giving any reason whatsoever.

I hereby declare and warrant that the information given in this application and all documents submitted to you are complete, true and accurate and belong to you absolutely and that I have not wilfully withheld any material fact. If any of the information given herein changes or becomes inaccurate in any way, I shall immediately notify you of any such change and/or inaccuracy.

I hereby authorise and give you consent to conduct credit checks on me including but not limited to checks with any credit bureau recognised as such by the Monetary Authority of Singapore and obtain and verify and/or to disclose or release any information relating to me and/or any of my account(s) with you from or to any other party or source as you may from time to time deem fit at your own discretion and without any liability or notice to me.

I agree that you may send to me by ordinary mail or such other means at my sole risk the Approval Letter, and all other documents and communications addressed to me to any of my address(es) on DBS Bank's records as DBS Bank may at its sole discretion select.

I agree not to terminate any GIRO facility or such other payment facility during the tenure of the loan. However should there be such cancellation, I hereby consent to you reinstating my GIRO facility or such other payment facility, without notice or liability to any party.

I agree to abide and be bound by your Standard Terms and Conditions Relating to POSB Loan Assist Plus granted by DBS Bank Ltd. as may be amended and supplemented from time to time ("Terms"). A copy of the Terms is available from any POSB/DBS branch or by calling telephone number (65) 6339 6666. A copy of the Terms, together with the Approval Letter, will be sent to me and constitute the whole agreement between us in relation to the loan if this application is approved.

I instruct and authorise you, upon approval of this application, to:-

a) deduct upfront from the loan, upon disbursement, a processing fee of 3% of the approved loan amount and the insurance premium of 1% of the approved loan amount payable for my comprehensive life, or total and permanent disability insurance coverage;

b) credit the net proceeds of the loan to my designated account which I maintain with DBS Bank; and

c) debit the monthly instalment amounts and accrued interest and all other monies due and payable by me to DBS Bank from such account as may be designated by me or any other account(s), which I maintain with DBS Bank singly or jointly with any other person on a joint alternate basis, without prior notice to me.

For Bank Use 7171

CDM 2 Ø Ø

F($)M: V($)M: F($)C: V($)C:

EL($)M: EL($)C: DBS($): RL($):

Instal($): Repay mth: 12 & 24 (C70010), 36, 48 & 60 (C70011)

DE

AF AP DC ( ) WD DP

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For Bank Use CMS411 00

Name:

K9582 155237 Loan Assist Internet(B)A4.ai 3/4/09 8:40:01 PM

Notwithstanding that my primary account may be operated by way of thumprint,by submission of this application form via mail, fax or other such approvedmodes of communication, I hereby authorise you to act upon my instructionsin such application.

Oct

DBS Bank LtdBedok Central Post OfficeLocked Bag Service No.1

Singapore 914686

BUSINESS REPLY SERVICEPERMIT NO.07040

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Singapore 914686



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Singapore 914686


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