You are in

FOR INDIVIDUAL

FOR BUSINESS

Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving sc.com/ae and entering a website operated by other parties.

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/ae

Proceed to third party website

Debt Consolidation Loans

Contact Us Contact Us
Person, Human, Game
  • Loans
  • Debt Relief Loans for Debt Consolidation | SCB AE

Debt Consolidation Loans

Debt Restructuring Plans

Standard Chartered Bank UAE is committed to helping our clients overcome any short- or long-term financial instability that they may be experiencing.

Person, Human, Furniture

Budgeting and Money Management Tool

Take the quiz to help us provide you the best products to kick start your personal banking journey with us.

1 OF 3

What is your monthly income?

Salary / Business income

AED

Enter your salary

Other income (if any) This is sample tool tip text for other income

AED

Total income

AED
2 OF 3

What are your monthly payments?

Mortgage (if any)

AED

Credit Card (if any)

AED

Personal Loan (if any)

AED

Car Loan (if any)

AED

Student Loan (if any)

AED

Total monthly payments

AED
3 OF 3

What are your monthly expenses?

Monthly Rent (if any)

AED

Food / Groceries

AED

Education expenses (if any)

AED

Utility, Internet & mobile costs

AED

Other expenses (if any) This is sample tool tip text for other expenses

AED

Total household expenses

AED

Calculation Results

Your debt burden maybe adequate to take on additional debt.

You may have difficulty making payments for any additional debt.

You may have difficulty making payments for any additional debt.

Debt Rate

Monthly Expenses

Combined

Monthly Income (AED)

Monthly Debt Payment (AED)

Monthly Expenses

Browse through our range of products from Credit Cards, Mortgage Loans and even Investments to take up on additional debts
Contact us to enquire more about our Debt Restructuring plan to lower your monthly payments. Subjected to further review of documents and financials.
Contact us to enquire more about our Debt Restructuring plan to lower your monthly payments. Subjected to further review of documents and financials.

Disclaimer: The information on this page is presented for general personal finance education and it is not intended to provide legal, financial, or tax advice. The accuracy of the calculated results is not guaranteed and is intended for illustrative purposes only. Outputs of this calculator do not indicate whether you would qualify for a loan.

 

  • If you are facing difficulty to meet your monthly repayment but you have a stable source of income.
  • All instances of restructuring should be accompanied by documents to substantiate the future source of your income.
  • You must have had a relationship with the bank for a minimum of 6 months to avail a Debt Restructuring Plan.
  • Additional condition for Interest Only option: you must have had a relationship with the bank for a more than 12 months.

Documents

  • Written consent sent to us from your registered email address to extract your Al Etihad Credit Bureau
  • Evidence of salary / income reduction.
  • Last 6 months statements/VAT Statements (if any).
  • Any other document to evidence financial stress.

Our dedicated Debt Restructuring Specialist will provide you with the right solution within 7 business days once all the required documents are provided.

Tenure up to 7 years for Unsecured Products. For Secured – To be decided after reviewing the application. Additional condition: The maximum duration for which the Interest Only option is allowed is only 6 months. For Mortgage accounts, the maximum duration could be up to 3 years.

No, there are no administrative fees for processing the application.

No, all unsecured credit facilities will be cancelled and can no longer be utilized.

Credit Bureau will be reported as Restructured which may affect your future lending applications.

Upon approval of the debt restructuring programme, an offer letter will be sent to your registered email address within 7 business days.

If you decided to make a full settlement on the outstanding before your tenure is up, you will be saving on the future interest.

We encourage you to newly apply for any of our products in future.

Disclaimer

Investment Products:

The content of this webpage does not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy. It has not been prepared for any particular person or class of persons and does not constitute and should not be construed as investment advice nor an investment recommendation. It has been prepared without regard to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a licensed or an exempt financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase or invest in an investment. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you. You are fully responsible for your investment decision, including whether the product or service described here is suitable for you. The investment products mentioned are not principal-protected and you may lose all or part of your original investment amount. SCB will not accept any responsibility or liability of any kind, with respect to the accuracy or completeness of the information in this website.

BACK TO TOP

Related Links

glass jar containing coins and some coins shown on the table

Saadiq Savings Account
young girl opens her gift with surprise while mom and dad look at her surprisingly too

Islamic Mortgage Offset Account for Home Finance | SCB AE
father looking at his toddler son while he plays on his phone

Saadiq Current Account