Get the Best HSBC Debt Consolidation Plan Interest Rates for 2019 Now!

Updated 14 November 2019

Get the latest HSBC Debt Consolidation Plan interest rates for Singapore on MoneySmart.sg. See how HSBC Debt Consolidation Plan compares against other banks and apply instantly online.

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Loan Details

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HSBC Debt Consolidation Plan

HSBC Debt Consolidation Plan

4%

Interest Rate
(EIR 7.50% p.a.)

$33,600

Total Amount Payable

$0

Processing Fee

$933

Per Month

Key Features
  • Enjoy promotional interest rates from 4% p.a.
  • Get processing fee waiver on your approved loans
  • Loan tenure of 1-10 years
Loan Details
Citizenship StatusSingaporean / PR
Minimum Annual Income$30,000
Maximum Loan Tenure10 years
Processing Fee$0
Repayment Summary
Principal Loan Amount$30,000
Interest Rate (p.a)4%
Loan Tenure3 years
Total Interest Payable$3,600
Total Amount Payable$33,600
Monthly Instalments$933

MoneySmart lists Debt Consolidation Plan products that range between a minimum of 1 to a maximum of 10 years. The effective interest rate (EIR) of loan products on our site range from 7.70% p.a. to up to 11.08% p.a. The EIR of your loan will be dependent on the loan you apply for as well as your personal financial needs.

For example, you would need to pay S$311/month for a S$10,000 Debt Consolidation Plan with a loan tenure of 3 years at 3.98%pa Interest Rate (7.70% EIR). This would equate to a total payment of S$11,393 over 3 years. Please view each Debt Consolidation Plan product in detail for a full breakdown of the interest rate chargeable, minimum and maximum loan tenure as well as processing fees (if applicable).