About the Bank - United Overseas Bank Limited (UOB) previously known as United Chinese Bank or UCB is a major banking organization that was established in 1935 and has its headquarters in Singapore, with branches in almost all South-East Asian countries. In Singapore, the bank has 68 branches and a network of approximately 500 offices in Asia Pacific, North America and Western Europe.
Atleast 21 years old
Above 21 years
Salaried or self-employed
with regular income
Earn more than the minimum
Maximum Loan up to 70%
EMIs of other loans lower
Pay off your credit card bills
Choose longer tenure loan up to 7 years
|Interest Rate||3.250 p.a.*, EIR - 6.170- 7.040%*|
|Margin of Finance||up to 70% of the purchase price or the Bank's valuation|
|Loan Tenure||upto 7 years|
|Guarantor Requirement||Guarantor Required|
Interest rates vary with variation in the tenure of loan.
UOB online portal offers the Car Loan calculator tool in order to evaluate the repayment of car loan, interest rates, tenure etc. and assist the user to arrive at a decision based on the outcome. The applicant can select the criteria - whether it is used or new car financing, purchase price in S$, from which the deposit amount is deducted, and the desired loan period. Once these inputs are given, click “calculate” and then the results such as loan amount applicant is eligible for, loan period, interest rate per annum, effective interest rate per annum, Equal Monthly Repayment, Final Repayment, etc. are displayed on the next page.