POSB Debt Consolidation Plan
Interest Rate
Processing Fee
Monthly Repayment
Loan Amount
Loan Tenure
For those seeking assistance to repay their debts faster, POSB Debt Consolidation Plan offers low rates beginning from 3.58% p.a. (EIR 6.56% p.a.) It may, however, not be best for those looking for guaranteed rates. It offers a cashback promotion of 3% of the approved DCP nonetheless.
ALL DETAILS
Key Features
- Attractive interest rates from as low as 3.58%p.a. (EIR 6.56%)
- Guarantees quick cash approval when you apply online
- Repayments are fixed monthly instalments over a loan tenure of 1 to 8 years
- Can consolidate all your outstanding balances across various banks
- DBS refinancing allows borrowers to get a 3% cashback and a Visa Credit Card
Eligibility
Citizenship Status | Singaporean / PR |
Age Requirement | 21 – 65 years old |
Employment Status | Employed, Self-employed and Commission earner |
Minimum Annual Income | S$30,000 |
Balance to Income Ratio (BTI) | At least 12x your monthly income |
Other Fees and Charges
Processing Fee | S$99 |
Late Payment Fee | S$90 |
Early Settlement Fee | 5% on the balance outstanding at the point of termination |
Disclaimer: This information may differ from what you see when you visit other financial service websites or the product’s official site, but Loan Advisor continues to keep every detail updated and accurate. This site may be compensated through third-party advertisers. However, the results of our comparison tools which are not marked as sponsored will always be based on objective analysis.
Customer Top Reviews

-
50
-
40
-
30
-
20
-
10
Most Relevant
Newest
Highest Rating
Lowest Rating
Any