"Up to HK$10,000 Interest Discount and Coupons for applying for Debt Consolidation Loan" Terms and Conditions

  1. The promotional period commences from now until 13 May 2018, both dates inclusive (the “Promotional Period”).
  2. Customers who successfully apply for Debt Consolidation Loan (“Loan”) via the website, DBS iBanking, DBS Loans App and promotion hotline 2290 8118 of DBS Bank (Hong Kong) Limited (the “Bank”) during the Promotional Period and draw down the approved Loan on or before 28 May 2018 will be entitled to up to HK$8,600 interest discount (“Interest Discount”) and up to HK$1,400 supermarket cash coupons (“Coupons”). (“Coupons”).
    1. Interest Discount entitled by a customer is 0.01% monthly flat rate interest discount. Up to HK$8,600 interest discount is calculated based on a loan amount of HK$1,200,000 and instalment period of 72 months.
    2. Amount of Coupons entitled by a customer depend on the loan amount applied for and draw down, the details are set out as below:
    3. Loan Amount Coupon Amount
      HK$50,000 to HK$299,999 HK$400
      HK$300,000 to HK$499,999 HK$800
      HK$500,000 or above HK$1,400
  3. Interest Discount entitled by an eligible customer will be deducted from the final interest rate approved. A redemption letter will be sent to the eligible customer by mail within 3 months after the end of the Promotional Period for the customer to redeem the Coupons at designated redemption center. Use of the Coupons is subject to the terms and conditions stipulated by the supplier.
  4. The Coupons are only applicable to customers whose Loan accounts are in good standing and not in default (as determined by the Bank at its sole discretion). If the customer’s credit standing is unsatisfactory or the customer early repays the full amount of the Loan, the Bank reserves the rights to stop issuing the Coupons or deduct the face value of the Coupons awarded to the customers from the relevant Loan account without prior notice.
  5. A person who is not a party to these terms and conditions may not enforce any of their terms under the Contracts (Rights of Third Parties) Ordinance (Cap 623 of the Laws of Hong Kong).
  6. The Bank may modify or terminate the promotion and/or change these terms and conditions. The Bank’s decision is final.
  7. The English version shall prevail if there is any inconsistency between the English and Chinese versions.