All Details

• Key Features

  • Up to HK$32,599 reward for applying for Debt Consolidation Loan

  • Loan amount up to 21x monthly salary or HK$2,000,000

  • Instalment period up to 84 months

  • No income proof required

  • Compared to just paying the min. payment on a credit card, interest saving up to 93%

  • Rewards are subject to Terms and Conditions, please refer to DBS website for details

  • Relevant fee applies if a customer early pays off the Loan. For details, please refer to the Personal Instalment Loan Terms and Conditions.

  • To borrow or not to borrow? Borrow only if you can repay

• Repayment Summary

  Principal Loan Amount	HK$100,000
  Total Interest Payable	HK$1,440
  Monthly Payment	HK$8,453
  Total Amount Payable	HK$101,440
  Handling Fee	HK$0
  Annual Percentage Rate	6.61%
  Monthly Interest Rate	0.12%
  Loan Tenure	12 Months

Promotions

8,000 Extra SmartPoints Promo

Fees & Charges

Handling Fee	2% (The Loan Set Up Fee shall be calculated by reference to the principal amount of the loan at the rate specified by the Bank from time to time and shall be deducted from the loan principal amount upon draw down of the loan and is non-refundable.)
Late Payment Fee	HK$1,000 per month if the monthly repayment amount is not paid in full when due
Early Settlement Fee	2% per annum on the principal amount of the loan will be charged for the number of years in the remaining loan tenor (any part of a year shall be rounded up to a year) if you fully repay the loan before the end of the loan tenor

Eligibility

Age Requirement	21 years old or above
Residency Status	Hong Kong permanent resident
Employment Status	Minimum Annual Income HK$100,000

Loan Features

Instant Approval