At a Glance

Limited time offer only at 3.58% p.a. (EIR 6.56% p.a.#)

Choose from a flexible loan tenure of up to 8 years

Pay lesser interest and clear your debt easily

Apply now

#Effective Interest Rate – based on S$63,000 loan amount for 96-months loan tenure and inclusive of processing fee.



Processing Fee $99
Early Termination Fee 5% on the balance outstanding at point of termination
Late Fee $90

How it works

1 Calculated based on 25.9% p.a
2 Calculated based on 3.58% p.a. (EIR 6.56% p.a.)

Visa Credit Card

DBS Debt Consolidation Plan comes with a DBS Visa Platinum Credit Card to provide you with a convenient mode of payment for managing your daily essentials.

  • This card comes with a maximum credit limit of 1x your monthly income.
  • No annual fee.

Learn more about DBS Card fee and charges.



Calculate the monthly repayment with our handy calculator!

Monthly Repayment Calculator


Eligibility requirements



Singaporean/Permanent Resident


21 to 65 years (upon loan maturity date)


Annual income from S$30,000 to < S$120,000

Balance to Income Ratio (BTI) Balance to Income Ratio (BTI) of more than 12 times monthly income

Required Documents

  1. Latest Credit Bureau report1 AND
  2. Income documents (any ONE of the following)
    REQUIRED INCOME DOCUMENTS Salaried Employees Variable Commission based Employees/Self Employed

    Latest Income Tax Notice Assessment2

    1 Year

    1 Year

    Latest 12 month's CPF Contribution History Statement3


    Provide any one of these documents

    Salary Crediting into DBS/POSB Account


    Latest Computerised Payslip


  3. Proof of Outstanding Unsecured Facilities Document (any ONE of the following)
    • Latest bank statements OR
    • Confirmation letter evidencing new balance transfer/loans OR
    • Any other relevant documents evidencing account information or balances

1 You can obtain a copy of your Credit Bureau report in-person either at CBS office or any SingPost branches, or through with your SingPass. A transactional fee of S$6.42 (inclusive of GST) applies.
2 You can now print your Income Tax Notice of Assessment at myTax Portal with your SingPass or IRAS PIN. The service is free. Log on to for more details.


  1. Income documents are not required on condition that your salary is credited via GIRO, to your own Personal POSB/DBS Account for at least 3 consecutive months. The Bank will review, and if necessary, adjust the current combined credit limit of all unsecured accounts based on the latest salary crediting information provided.
  2. DBS reserve the rights to reject any of the documents provided.
  3. Applications not accompanied with required documents or with incomplete information will cause a delay in processing

Apply now

You will need a DBS / POSB deposit account (excluding Joint All, Trust, MSA, SAYE, FCCA and POSB current accounts) for the repayment of the loan.

If you do not have an existing DBS / POSB account, you will need to apply for one before beginning your Debt Consolidation Plan application.
  Application via digibot
Step 1

Download and fill up the editable Debt Consolidation Plan PDF application form. To have the best experience please complete the form using Adobe Acrobat Reader on your Personal Computer.


Step 2

Check that all required documents are in order.

For New to Debt Consolidation

  • Completed PDF application form
  • Income documents
  • Credit Bureau Report (current or less than 2 months validity)
  • All Bank Statements (statement must clearly show Bank’s name, account number and outstanding balances)

For Refinance to DBS Debt Consolidation Plan

  • Completed PDF application form
  • Income documents
  • Credit Bureau Report (current or less than 2 months validity)
  • Early settlement letter
  • Survival credit card statement

For Repayment Terms Revision

  • Completed PDF application form
  • Income documents

Important note:
Please note that maximum 5 files are allowed to be uploaded. Supported file are JPG, PNG, PDF. Maximum of 4MB each . You may refer to the guide here on how to combine your documents.

Step 3

Submit your application online seamlessly and fully assisted by our digibot. You will need to authenticate yourself via:

  • Your Digibank User ID and PIN, OR
  • ATM, Debit or Credit Card number and PIN

Please wait a few seconds for the digibot to be activated and it will guide you through your application.

Apply Now


Other Services

You may now pay your outstanding amount on your Debt Consolidation Plan via our digital form. Please do not make payment via this request form if you have an existing Giro arrangement on your loan account.

Learn more

Changing of your loan servicing account for Debt Consolidation Plan is now available online in just 1 simple step. Click to find out more.

Learn more

Credit Bureau Report

If you wish to have a free credit report, you may obtain it within 30 calendar days from the date of approval or rejection of this application via the credit bureau website listed below. Alternatively, you may bring the approval or rejection letter and your NRIC to the following credit bureau’s registered office to obtain a free credit report.

Credit Bureau (Singapore) Pte Ltd
2 Shenton Way
#20-02 SGX Centre 1
Singapore 068804
Tel: (65) 6565 6363

* The free Credit Bureau Report is limited only to application of a new product such as Cashline, Credit Card, Further Study Assist. Applications such as Credit Limit increase, Balance Transfer / Personal Loan disbursed from existing products and existing principal cardholders applying for another card(s) are not entitled to the free credit report.

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