What is Cashline Instalment Loan?
Cashline Instalment Loan is the term loan feature offered under Cashline. The full loan amount will be transferred to your preferred account and you are required to make monthly repayments. The credit limit in relation to your Cashline account will be reduced by blocking out an amount equivalent to the entire loan amount (including the interest amount) but will be progressively restored as each monthly instalment amount is paid and received by DBS. You will still be able to use your Cashline account facilities as per normal as long as there is available credit limit in your account.
