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LOW INTEREST RATES
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Stretch your payments by up to 10 years.
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Reduce your total monthly payments substantially and clear your debt faster
Interest rates from as low as 3.8% p.a. (EIR:6.78% p.a.)+
Stretch your payments by up to 10 years
Choose from a loan tenure of between 1 year and 10 years to repay your debt.
Get a Revolving Credit Facility with up to 1 time your monthly income
Receive a revolving credit facility with a limit of your monthly income as your survival credit**
Convenience of making repayments to a single bank.
Consolidate all your outstanding credit card, line of credit and/or personal loan balances across all financial institutions, or refinance your existing Debt Consolidation Plan, with HL Bank at an attractive interest rates.
Reduce your total monthly payments substantially
Reduce your total monthly payments substantially# and clear your debt faster.
Waiver of the applicable processing fee
Waiver of the applicable processing fee if you apply now and when your application is approved#
+ The interest rate for the Debt Consolidation Plan (“DCP”) with HL Bank will be determined based on applicant’s risk profile and such rate(s) will be indicated in the approval letter which may differ from the published rate.
** Upon approval of the application all the outstanding unsecured balances with other financial institutions will be consolidated by HL Bank and the credit facilities will be automatically be cancelled by these other financial institutions. A revolving credit facility with a limit equal to the applicant’s monthly income will be offered by HL Bank for daily expenses along with this Debt Consolidation Plan. This is only an extract and full terms and conditions apply.
*Terms and Conditions apply.
Here’s an illustration of how it works:
# The above illustration is for first time application for the DCP with HL Bank. The DCP amount is based on an assumption of applicant having a total unsecured outstanding amount of S$100,000 across 5 different banks and this outstanding amount of S$100,000 is consolidated to a DCP with HL Bank plus a buffer of 5% allowance at interest rate of 3.8%p.a.,[Effective interest rate: 6.78%p.a.], loan tenure of 10 years. We have waived the one-time processing fee of 1.5% on the approved DCP loan amount or S$300, whichever amount is higher. This is only an extract and full terms and conditions apply.
Type of DCP
Loan Amount
e.g. 5000.00
Minimum loan amount $30,000 - maximum loan amount $250,000
Loan Tenure
Interest Rate (p.a.)
Effective Interest Rate (p.a.)
Your Monthly Repayment
To apply, you must be:
- Singapore citizen or a permanent resident
- Aged between 25 years old and 65 years old
- Earning between S$30,000 and below S$120,000 per annum with net personal assets of less than S$2 million
- Having a total interest-bearing unsecured debt on all credit cards and unsecured credit facilities with financial institutions in Singapore that exceeds 12 times your monthly income
- Apply Online or
- Approach one of our relationship managers at our branch to assist you
Our branch location:
7 Wallich Street
#B1-25 and #B1-26 Guoco Tower
Singapore 078884
- View Mandatory Documents
