Maybank Debt Consolidation Plan (DCP)

Enjoy promotional interest rate from as low as 3.48% p.a. (EIR 6.26% p.a.) and receive up to 5% cash rebate¹ upon approval of your Maybank DCP application!

• New to Debt Consolidation Plan
  S$1,500 cash rebate
• Refinance Debt Consolidation Plan
  Cash rebate of S$288 + up to 5% cash rebate¹

Promotion Period: 1 November to 31 December 2024

¹Terms and conditions for cash rebate promotion apply.

Apply Now

Debt Consolidation Loan Account

Consolidate all your unsecured credit facilities (credit card/credit line) outstanding balances across multiple financial institutions into one fixed monthly repayment with Maybank Debt Consolidation Plan.

+

Revolving Credit Facility

Maybank Debt Consolidation Plan comes with a Credit Card with a credit limit of up to 1X your monthly income for your daily expenses.

• Easy Repayment
  Manage your loan repayment with ease and take control of your finances with fixed monthly repayments to only one Financial Institution.
• Complimentary Credit Card
  This credit card comes with a maximum  credit limit of 1X your monthly income to provide you convenient mode of payment for your daily expenses.
• Loan Tenure
  Choose up to a 10-year repayment period for affordable monthly repayments.
• Lower Interest Rate
  Interest savings from a lower interest rate allows for faster repayments of outstanding balances.

Age: 21 and above
Singapore Citizen or Singapore Permanent Resident
Annual Income: S$30,000 to S$120,000
Have total interest-bearing unsecured debt on all credit cards and unsecured credit facilities with financial institutions in Singapore that exceeds 12 times of your monthly income

APPLICATION DOCUMENTS

Full-time Employee

• Completed and signed application form
• Latest copy of your Credit Bureau Report
• Proof of Balances showing billed and/or unbilled balances and/or new balance transfer/loan for all your Credit Cards or credit lines, such as statements and confirmation letter
• Photocopy of NRIC (front and back) AND
• Either of your:
• Latest 12 months of CPF contribution history* OR
• Latest computerised payslip

Self-Employed / Full-Commission Earner

• Completed and signed application form
• Latest copy of your Credit Bureau Report
• Proof of Balances showing billed and/or unbilled balances and/or new balance transfer/loan for all your Credit Cards or credit lines, such as statements and confirmation letter
• Photocopy of NRIC (front and back)
• Latest 2 years of Income Tax Notice of Assessment**

Commission / Variable Income Earner

• Completed and signed application form
• Latest copy of your Credit Bureau Report
• Proof of Balances showing billed and/or unbilled balances and/or new balance transfer/loan for all your Credit Cards or credit lines, such as statements and confirmation letter
• Photocopy of NRIC (front and back)
• Either of your:
• Latest 12 months of CPF contribution history*
• Latest 3 months of computerised payslip

Simply SMS us and we will be in touch with you.

SMS <space> Name to 79898

Leave your contact details for us to call you back

• Terms and Conditions Governing Debt Consolidation Facility
• FAQ