
Regain your financial foothold with lower interest rates
Enjoy interest rates from 4.50% p.a. (EIR 8.22% p.a.1), with the flexibility to select your preferred tenor of up to 8 years.
Terms and Conditions apply.
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How it works

OUTSTANDING BALANCES*35 years old, Singaporean
*refers to outstanding unsecured interest-bearing balances only

- S$20,000with bank A
- S$30,000with bank B
- S$30,000with bank C


- Manage only 1 repayment date from 1 account
- Repay his S$80,000 outstanding balance within 72 months
David’s outstanding balances from his credit card and overdraft facilities with all banks including UOB will then be consolidated into UOB Debt Consolidation Plan. Thereafter, David will able to reduce his outstanding debts over time with a single monthly payment directly to UOB.

David will be able to repay his S$80,000 balances in 72 months by consolidating into a single account with fixed monthly repayments of S$1,411.11.
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Now let’s look at how much you would need to pay on a monthly basis

*The results displayed is for illustrative purposes only. Please fill in the Contact Me Form and our Loan Associates will contact you within 5 business days.
Loan amount: | S$0 |
Effective interest rate:
What is Effective Interest Rate (EIR) ?
The effective interest rate (“EIR”) is the actual rate incurred for using the facility, taking into account total charges and the way repayment is made |
0% |
Fixed monthly repayment: | S$0 |
Loan tenor: | 0 months |
Total interest payable: | S$0 |
You will be able to repay S$0 balances in 0 months by consolidating into a single account with fixed repayments of S$0

Rates and Tenors
- Tenor
- Interest Rate
- EIR
Tenor | Interest Rate | EIR | |
Fixed Interest Rate | |||
1 – 6 years | 4.50% p.a. | 8.22% p.a.1 | |
7 - 8 years | 5.50% p.a. | 9.67% p.a.2 | |
Tiered Interest Rate | |||
6 years | Year 1 | 2.28% p.a. | 9.04% p.a.3 |
Year 2 - 6 | 6.28% p.a. | ||
7 years | Year 1 | 2.99% p.a. | 10.35% p.a.4 |
Year 2 - 7 | 6.99% p.a. | ||
8 years | Year 1 | 2.99% p.a. | 10.41% p.a.5 |
Year 2 - 8 | 6.99% p.a. |
1The Effective Interest Rate (“EIR”) payable on the Loan based on fixed interest rate for a 72 months Loan tenor is 8.22% p.a.
2The Effective Interest Rate (“EIR”) payable on the Loan based on fixed interest rate for a 96 months Loan tenor is 9.67% p.a.
3The Effective Interest Rate (“EIR”) payable on the Loan based on tiered interest rate for a 72 months Loan tenor is 9.04% p.a.
4The Effective Interest Rate (“EIR”) payable on the Loan based on tiered interest rate for a 84 months Loan tenor is 10.35% p.a.
5The Effective Interest Rate (“EIR”) payable on the Loan based on tiered interest rate for a 96 months Loan tenor is 10.41% p.a.
Things you should know
Terms and conditions
Terms and Conditions Governing UOB Debt Consolidation Plan
The T&Cs has been updated with effect from 15 October 2019
Terms and Conditions Governing UOB Debt Consolidation Plan promotional rate of 2.28% p.a.
Terms and Conditions Governing UOB Debt Consolidation Plan promotional rate of 2.99% p.a.
Terms and Conditions Governing UOB Debt Consolidation Plan promotional rate of 4.50% p.a.
Terms and Conditions Governing UOB Debt Consolidation Plan promotional rate of 5.50% p.a.
How to apply
Complete the form together with your supporting documents and email them to uobdcp@uobgroup.com
You will need the following documents to complete your application.
- Copy of NRIC (front and back)
- Latest Credit bureau report - Click here to retrieve your copy
- Latest Income Documents:
- For salaried employees – Latest computerised payslip (in Singapore Dollar currency)
- For self-employed – Latest Income Tax Notice of Assessment - Latest credit card & credit line statements of other banks which you have outstanding balances
- Confirmation letter evidencing unbilled balances for unsecured credit instalment plans (If any)
Ready to apply?
Ready to apply?
Complete the form together with your supporting documents and email them to uobdcp@uobgroup.com, or leave your contact details and our loan associates will be in touch with you within 5 business days.
Frequently asked questions
Do you have a question about UOB Debt Consolidation Plan?
Get answers to your questions here.
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