Standard Chartered Personal Instalment Loan Debt Consolidation Program helps you effectively manage your debts and gets your financial situation back in form. It offers you a total lending solution that includes financial analysis and personalised repayment plans. By consolidating your credit card debts into one simple loan, you’ll reduce interest expenses and have the extra cash when needed.
Apply Debt Consolidation Program online and drawdown to get up to $1,000 cash coupon!Apply Now
One-stop service to consolidate all your outstanding credit card/loan debt.
Pay off high-interest debts such as outstanding credit cards to reduce your total interest expense.
How it works? View Example
Up to 72-month
Submit your online applications before noon and we will follow up within the same business day
- Hong Kong resident aged 20 or above
- Fixed Annual income of HK$96,000 or above
- The Monthly Flat Rate shown above is for reference and only applicable to selected clients who are also holding a mortgage loan with the Bank. The actual monthly flat rate will be subject to the Bank’s approval on a case-by-case basis.The Annualised Percentage Rate (“APR”) is 3.68% (based on the loan amount of HK$700,000 with tenor of 12-month and the actual Monthly Flat Rate). For client who has applied for tenor 24-month with loan amount of HK$700,000, will be subject to a monthly flat rate of 0.041% and the corresponding APR is 3.96%. For client who has applied for tenor 72-month with loan amount of HK$700,000, will be subject to a monthly flat rate of 0.051% and the corresponding APR is 4.48%. The calculation of APR has taken into account of a handling fee of 1.5% (per annum). An APR is a reference rate which includes the basic interest rate and other applicable fees and charges of a product expressed as an annualised rate.
The annualised percentage rate range from 3.68% to 12.57% and flexible repayment period of 12 to 72 months. The Bank reserves the right to determine the applicable interest rate and acceptance of a loan application, which is to be considered on a case-by-case basis in accordance with the client's credit records and other relevant factors.
Example: A customer borrows a 12-month loan of HKD100,000 at a monthly flat rate of 0.260% (APR8.89%), total loan repayment amount is HKD$103,120 (a handling fee of 1.5% per annum has been taken into account).
Terms and Conditions
Get up to HK$1,000 cash coupon
Call our hotline for further information.
Visit the branch that is nearest to you.
Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.