Ease of repaying your loan
The debt consolidation plan is a refinancing program that provides option to people to consolidate their all unsecured credit facilities. By combining your all personal loans and credit card debts into a fixed monthly payment, it helps simplifying your personal finances. All debt consolidation plans are different due to variation of interest rates and features. It is important to gather information of debt consolidation plans of various banks before opting for the best debt consolidation plan.
Maybank offers debt consolidation plan to individuals with annual income ranging between S$30000 and S$ 120000 per annum. Our loan repayment periods are up to 10 years with interest rate of 4.20% p.a. with cash rebate for each successful DCP application and a complimentary credit card with 1x credit limit of borrower’s salary for their daily expenses.