DBS Hong Kong     DBS Group  |  dbs.com
Consumer Banking   |   Enterprise Banking   |   Private Banking Forms  |  Rates/Fees  |  Branch  |  Contact Us |  Site Map  |  中文
    DBS Hong Kong > Consumer Banking > Loans > Debt Consolidation Loan
Login to
Consumer Banking
 
 
 
Debt Consolidation Loan
  Apply Now | Download Form
 
 
The journey to be free from card debt continues! With a loan amount of up to 18 times of your monthly salary at a low monthly flat rate of just 0.15%, it's so easy to clear all your card debt once and for all and enjoy total freedom.
 
Extra high loan amount of up to 18 times of your monthly salary
As high as HK$700,000 loan amount for additional flexibility to manage your finances
 
Low interest rate
The monthly flat rate is as low as 0.15% (APR5.38%1)
 
Flexible instalment period
You may select a fixed instalment period of 12, 18, 24, 30, 36, 42, 48, 54, 60, 66 or 72 months for added financial flexibility.
 
DBS Debt Consolidation Loan saves your interest expense:
 
How much you can save via DBS Debt Consolidation Loan?
 
Apply now
Applicants must be Hong Kong permanent residents aged 21 or above with a minimum annual income of HK$100,000
Notes: The above example is for reference only
*
Assuming the monthly repayment amount is 5% of the HK$700,000 credit card outstanding balance and an interest rate of 30% p.a. (APR 34.49%). The monthly repayment amount stated in the table is the average of the first three months repayment.
#
Assuming the repayment period is six years and the flat rate is 0.15% per month (APR 5.38%, including handling fees). The repayment period, monthly repayment amount and total interest expenses saved depend on various factors, such as the terms and conditions of the existing credit card(s) and/or loan(s) to the customer, and the final loan amount and interest rate approved by DBS Bank (Hong Kong) Limited (the "Bank", which expression shall include its successors and assigns). For details of interest calculation and the loan features, please contact our staff.
^ For details of Online Application Promotion Terms and Conditions, please click.
Debt Consolidation Loan & Total Relationship Balance
Total Relationship Balance counts every dollar in your personal and joint accounts, including deposits, investment, outstanding balances of credit cards and loans. With a higher Total Relationship Balance, you can enjoy better rates for your time deposits. Act now to consolidate all your accounts with us to maximize your financial strength.
 
1.

The Annualized Percentage Rate (APR) is calculated in accordance with guidelines as set out in the Code of Banking Practice. The APR is calculated based on loan amount of every HK$10,000 and loan period of 6 years including 1% of annual handling fee.
 
Remark:

The above information is for reference only. The approval of the final interest rate, loan amount and instalment period is subject to the financial condition of customer. The Bank reserves the right to change the above Terms and Conditions and/or discontinue any offer at any time without notice. The Bank reserves the right of final approval of all applications.
 

Personal Information Collection (PIC)

DBS Bank (Hong Kong) Limited safeguards your data in accordance with applicable Hong Kong laws.

We only use the data we collect in accordance with our Data Policy which explains the data collection purposes, the persons to whom we may transfer data, your data access and correction rights and how you may contact our Data Protection Officer.
 

Additional Information

Back Top of Page
More products
Quick Links
Next Step
Data Policy | Condition of Use | Customer Acceptance Policies for account opening
Copyright © DBS Bank (Hong Kong) Limited. All Rights Reserved.