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    We found 1 UOB Personal Loan
    Bank Name
    Interest Rate
    Loan Tenure
    Joining Perks
    4.99% p.a. EIR from 9.48% p.a.
    1-5 Years
    What you'll love
    What you need
    What you need to consider
    What it costs

    UOB Personal Loan

    The UOB Group has banking arms in almost every Asian country and is a leading Asian bank. UOB Singapore offers financial products are services ranging from loans, investment and insurance to corporate and private banking. UOB personal loans are easy to apply for and have flexible and customer-friendly terms.


    You’re probably eligible for a UOB Bank Personal Loan if you are

    UOB Bank Personal Loan Minimum Age

    Atleast 21 years

     UOB Bank Personal LoanMaximum Age

    Less than 60 Years

     UOB Bank Personal Loan Eligible Employment Type

    Salaried or self-employed
    with regular income

     UOB Bank Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your UOB Bank Personal Loan amount eligibility is based on these factors

     UOB Bank Personal Loan Minimum Salary

    Minimum income required
    annual income of S$30,000

     UOB Bank Personal Loan Maximum Loan Funded

    No Info

     UOB Bank Personal Loan EMI

    EMIs of other loans lower your eligibility


    Increase your eligible UOB Bank Personal Loan amount by these steps

     UOB Bank Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

     UOB Bank Personal Loan Tenure

    Choose longer tenure loan up to 5 Years


    Documentation needed to apply for an UOB Bank Personal Loan

    • 1.Photocopy of NRIC
    • 2. Salaried Employee:
      • Latest Computerized Payslip OR
      • CPF Contribution Statement for past 12 months OR
      • Latest Income Tax Notice of Assessment (NOA)
    • 3. Variable Income/Commission Based Earner:
      • Latest 6 months Computerized Payslip OR
      • CPF Contribution Statement for past 12 months OR
      • Latest Income Tax Notice of Assessment (NOA)
    • 4. Self-Employed:
      • Income Tax Notices of Assessment (NOA) for past 2 years
    • 5.Any other documents as may be requested by the Bank at its sole discretion


    UOB Bank Personal Loan DetailsUpdated on 22 Aug 2018

    UOB Bank Personal Loan Details
    Interest Rate 8.00% p.a
    Min Loan Amount S$1,000
    Minimum Income S$30,000 p.a
    Tenure 1 - 5 Years
    Processing fee 1.80%
    EIR 17.94% p.a


    Why choose UOB personal loans

    Here are some reasons for you to select a UOB personal loan for your financial needs:

    • UOB personal loans come at a low and affordable interest rate.
    • You can choose a tenure of up to 6 years.
    • You can make flexible or fixed repayments.
    • You can transfer your balance from another bank’s line of credit to UOB CashPlus at better interest rates and easier repayment.
    • You can insure your personal loan through CreditSure and CreditSure Plus, which will cover your outstanding loan in case of your untimely demise, and the burden of the loan will not fall on your family.

    Types of UOB personal loan

    UOB has several kinds of personal loan options. They are:

    • UOB Personal Loan: This is an unsecured loan that can be repaid over a duration of 1 to 5 years. There is no cap on how much you can borrow under this scheme.
    • UOB CashPlus: CashPlus is a personal line of credit under which you can take a loan of up to 6 times your monthly income, subject to a maximum of S$200,000. You have the option to make either fixed or flexible repayments.
    • UOB CashPlus Fund Transfer: This is a balance transfer plan under which you can transfer your balance from a line of credit from another bank to UOB CashPlus for a tenure of 3 to 12 months.
    • UOB Secured Overdraft: With this loan product, you can get a secured personal loan by pledging your assets such as a Fixed Deposit Account or stocks and shares, Unit Trusts, and life insurance policies. You have to pay interest only on the amount you use from your approved loan amount, and you don’t have to pay a fixed amount every month.
    • UOB debt consolidation plan : This is a plan designed to help you combine all your outstanding debt into one loan. This will make repayment easier as you only have to handle a single loan and its repayment instead of 2 or more.

    UOB personal loan features & benefits

    • Loan amount: The minimum loan amount for a UOB Personal Loan and CashPlus Loan is S$1,000. The maximum will depend on your salary. While UOB CashPlus gives a maximum of S$200,000 or 6 times your monthly income, UOB Personal Loan has no maximum amount.
    • Flexible loan tenures: You can choose a loan tenure starting from 1 year, up to 6 years.
    • Personal loan calculator : UOB offers an online personal loan calculator that you can use to determine your monthly repayment amount throughout your loan tenure.
    • Affordable interest rates: Repayments on the UOB Personal Loan are as low as S$0.80 per day (for a loan of S$1,000 over 5 years), because of the low interest rates charged by the bank. CashPlus loans are available at interest rates of 6% p.a.
    • Convenient access to funds: You can get your money from the loan account through ATMs, cheque, internet banking – whatever is convenient for you.
    • Easier debt management: You will be making fixed and regular repayments throughout the loan tenure, which gives you more financial control and makes it easier to manage your loans.
    • Free cheque book: With the UOB CashPlus loan, you will also get a free cheque book.

    UOB personal loan eligibility & documentation

    You need to meet the following eligibility parameters to get a UOB personal loan:

    • You need to be a Singapore citizen and permanent resident. Some of the personal loan products are offered to foreigners as well.
    • You need to be a minimum of 21 years old.
    • You should have an annual income of at least S$30,000.

    The documents you would require for a personal loan are:

    • Identity proof: A front and back copy of NRIC for Singaporeans and Permanent Resident; Passport with at least 6 months’ validity and Employment Pass or S Pass with at least 6 months’ validity.
    • Address proof: If your address is different from that on your NRIC, you should get a recent utility bill with your local home address.
    • Income proof: One of the following -
      • Computerised salary slips in Singapore dollars
      • CPF Contribution History for the last 12 months
      • Most recent Income Tax NOA (Notice of Assessment)


    • UOB 0% processing fee promotion: You can earn a 0% processing fee when you apply for an UOB Personal Loan. However, to qualify for this promotion, the application needs to be made online. This promotional offer will end by 28 February 2018.
    • The following table illustrates how you enjoy 0% processing fee for various tenors of the loan:

      Duration of loan Processing fee on the loan Flat rate of interest Effective rate of interest
      12 months 0% 8% p.a. 14.45% p.a.
      24 months 0% 8% p.a. 14.68% p.a.
      36 months 0% 8% p.a. 14.55% p.a.
      48 months 0% 8% p.a. 14.35% p.a.
      60 months 0% 8% p.a. 14.13% p.a.
    • UOB Funds Transfer promotion: The promotional offer on Funds Transfer plan allows you to enjoy a significantly lower one-time processing fee on your loan, starting from 1.49% p.a. (EIR 6.11% p.a.). This promotion will be valid for tenors of 3, 6, 12, and 18 months. This is applicable for both UOB credit cards and CashPlus accounts. Moreover, when you apply for a 12-month tenure online, you can make use of special rates of interest and processing fee. The promotional will be valid through the complete duration of approved tenure, and will start from the day the request for fund transfer was approved.
    • The following table illustrates the various promotional rates across different tenors:

      Duration of loan Processing charge Effective rate of interest for UOB CashPlus account Effective rate of interest for UOB Credit Cards
      3 months 1.49% 6.08% p.a. 6.11% p.a.
      6 months 2.50% 5.27% p.a. 5.34% p.a.
      12 months 3.88% 4.37% p.a. 4.49% p.a.
      18 months 4.88% 3.92% p.a. 4.09% p.a.
    • UOB CashPlus Sign-up promotion: When you sign-up for an UOB CashPlus account, you will be given an S$100 amount credited to your account. This is part of an ongoing promotion, which will expire by 28 February 2018. This promotion can only be provided to the first 1,000 eligible customers. You can be eligible for this promotion only when you withdraw a minimum amount of S$6,000 through eligible transactions. The withdrawal should be made within 30 days, starting from the very day of the account approval. You will receive the cash credit into your account by 31 March 2018.

    UOB personal loan interest rates

    The interest rates for various UOB personal loan products are listed in the table below:

    Product Tenure Processing fee Flat rate (p.a.) Effective Interest Rate (EIR p.a.)
    UOB Personal Loan (Valid only until 30th July 2017)
    1 year 0% 4.80% 8.75%
    2 years 0% 4.80% 8.96%
    3 years 0% 4.38% 8.20%
    4 years 0% 4.80% 8.89%
    5 years 0% 4.80% 8.81%
    UOB CashPlus All tenures NA 6% NA
    UOB CashPlus Funds Transfer 3 months 1.49% NA 6.08%
    6 months 2.5% NA 5.27%
    1 year 4.5% NA 5.06%
    UOB Secured Overdraft All tenures NA Starting from prime lending rate of 5% (as on 21st April, 2017) NA
    UOB Debt Consolidation Plan Up to 6 years NA 6% 10.72%

    UOB EMI calculator

    UOB offers EMI Calculator and Debt Consolidation Plan calculators on its website. An EMI (Equated Monthly Instalment) Calculator is a financial tool that help you identify how much monthly repayment you would need to make on the loan amount you’re taking and the prevailing interest rate. A Debt Consolidation Plan Calculator helps you determine how much loan you would have to take to combine your debts and how much savings you will make on the consolidated loan as against the payments of all the existing loans.

    To use the UOB EMI Calculator, you need to enter the loan amount and tenure. For example, if you want to take a loan of S$10,000 for a period of 5 years, the calculator will tell you that your monthly repayment amount will be S$220 and the processing fee will be S$180.

    For the Debt Consolidation Plan Calculator, you need to enter the total outstanding loan balances your monthly salary, and the loan duration. For example, if you have a current debt of S$25,000, your salary is S$3,000 per month and you want a Debt Consolidation Loan of 6 years, then the calculator will tell you that on your new loan of S$25,000, your effective interest rate will be 13.35%, the monthly repayment amount would be S$506.48, and the total interest payable on the loan would be S$11,466.75.

    How to apply for UOB personal loan

    You need to have a UOB credit card to apply for a personal loan with the bank. The application can be done in the following ways:

    • Online: Existing UOB credit cardholders/CashPlus customers can submit an online application on the UOB Singapore website under the “UOB Personal Loan” webpage. This is a paperless process. New UOB members can apply online for a UOB credit card by submitting the required documents, and then apply for a UOB Personal Loan. Your approved personal loan amount will then be drawn down from your credit card account and will be disbursed to any savings account chosen by you.
    • At a UOB Bank branch: You can get an instant approval on your personal loan when you apply for a UOB Personal Loan from any of the bank’s branches. This option is only available for existing UOB credit card or CashPlus members.


    Q. Can I choose my loan tenure for my personal loan?

    A. Yes, you can select a convenient loan tenure from 12 to 60 months.

    Q. Does the UOB personal loan have a processing fee?

    A. Yes, you will need to pay a processing fee of 1.8%.

    Q. Can I apply for a personal loan using UOB internet banking?

    A. Yes, you can apply for a personal loan using UOB internet banking.

    Q. Where can I check the status of my personal loan application once it is submitted?

    A. You will receive a notification from the bank once your loan is approved. You can contact UOB bank using the hotline number or email them to obtain information about the status of your personal loan.

    Q. Is the personal loan processing fee refundable?

    A. No, a one-time processing fee is applicable for this loan and this will not be refunded.

    Q. I would like to cancel my personal loan. What should I do?

    A. A cancellation charge of S$150 or 3% of the total loan amount (whichever is higher) has to be paid to the bank to cancel your loan.

    Q. How can I apply for a UOB personal loan?

    A. If you are an existing UOB credit card or CashPlus customer, you can conveniently apply for a personal loan via UOB personal internet banking or submit an online application form to the bank. If you are a new customer, you must first apply for a UOB credit card before applying for a personal loan from the bank. You can apply for a UOB credit card online on the bank’s website.

    Q. I would like to provide a feedback. Where can I do that?

    A. You can email your feedback by completing the online form. Please visit the UOB Singapore website to provide your feedback.

    News About UOB Personal Loan

    • UOB to Help Small Business Get a Digital Makeover Through Digital Clinics

      United Overseas Bank (UOB) is launching digital clinics on a monthly basis to help small businesses implement digitalisation in their day-to-day operations. Small businesses will get practical guidance from digitalisation experts from UOB’s partners such as HReasily, SAP, and Enterpryze. The clinics are designed to provide knowledge support and guidance to small businesses on how they can benefit from digital information and technology. After each session, the participants will get a report with detailed information on the recommended steps they can take to integrate digitalisation with their business. Mr Mervyn Koh, Managing Director and Country Head of Business Banking Singapore, UOB, said that the bank provides services to almost half the small and medium businesses in the country, and many of them are not sure of how to integrate digitalisation with their operations. He went on to say that a few businesses conveyed their interest in receiving a more personal approach in guidance on implementing digital solutions, and that UOB hopes to achieve this through the digital clinics.

      The bank offers a cloud-based digital solution called UOB BizSmart. This is a integrated business solution allowing organisations to automate processes such as inventory management, invoicing, and payroll. It helps them reduce time spent on such administrative work to just 2.5 hours, which would otherwise take 4 hours. Ms Jasmine Goh, the second-generation owner of a traditional hardware store called Intertech Electronics, said that UOB BizSmart and the expert advice received through the digital clinics have helped her identify the best digital solution for her company. She also said that she is sure of increasing business success when she integrates it into the operations. A two-hour session at digital clinics costs S$90. To promote digitalisation among small businesses, UOB has started the Tech My Biz competition which gives one small business the chance to win a subscription for two years along with employee training and implementation support for UOB BizSmart. The total prize value of this competition is S$20,000. To enter this competition, small businesses have to fill-in an online form and submit it by 15 July 2018, along with details of why they need to get a digital makeover.

      5th June 2018

    • UOB Appoints Ex-Citi MD to Take Charge of Its Strategic Group Operations

      Peter Vicente has recently been appointed as the head of strategic operations for Singapore by UOB. Vicente has formerly held key positions in Singapore at technology and operations domains of Citi and Wipro.

      30th January 2018

    • UOB Q3 net profit jumps 12%

      Singapore-based United Overseas Bank (UOB) reported a growth of 12% in its net profit for the quarter ended 30 September 2017 (3Q17). The bank’s net profit rose to S$883 million in 3Q17 from S$791 million in 3Q16, helped mainly by growth in net interest income and fee and commission income.

      UOB’s non-interest income in 3Q17 grew 2% year-on-year to S$830 million. The increase in non-interest income was limited by lower net trading income.

      As of 30 September 2017, the bank’s non-performing loans (NPLs) stood at S$3.75 billion, an increase of 7% year-on-year. According to UOB, the increase in NPLs was mainly driven by the oil and gas sector, which remained under pressure during the quarter. As of 30 September 2017, UOB’s NPL ratio remained unchanged at 1.6%, compared with the year ago period.

      Driven by the growth in US dollar deposits, the bank’s customer deposits were up 7% year-on-year at S$268 billion, as on 30 September 2017. Gross loans of the bank increased to S$234 billion as on 30 September 2017, reflecting a growth of 8% year-on-year.

      The results came a day after UOB announced changes to its Board, including the retirement of its Chairman Emeritus Dr Wee Cho at the bank’s annual general meeting in April 2018.

      27th November 2017

    • Dr Wee Cho Yaw to retire from the UOB bank board

      Dr Wee Cho Yaw, chairman emeritus of the United Overseas Bank (UOB), will step down from the bank’s board. Dr Wee is expected to quit next April at the bank’s annual general meeting. However, he’ll keep his title as chairman emeritus and will continue to serve as an honorary adviser to the board.

      UOB was formerly known as the United Chinese Bank, and was started by Dr Wee’s father Wee Kheng Chiang in 1935. Dr Wee joined the institution in the 1950s when his father asked him to manage the bank’s operations. His family still holds 20% of the bank, which is now the third largest bank in Singapore. The bank’s name was changed in 1965 to United Overseas Bank.

      Dr Wee led the bank as the CEO and chairman from 1974 to 2007 and diversified the bank’s businesses and acquisitions. His contribution includes the S$22 million acquisition of Chung Khiaw Bank in 1971 and S$10 billion merger with Overseas Union Bank in 2001. Under his dynamic leadership spanning over 60 years, UOB has branched itself into real estate, insurance, and hotel industries.

      16th November 2017

    • UOB has just hired NUS’s leading IT security expert

      The former Head of IT security at NUS, Wenlong Wu, has joined UOB as an Executive Director for Information Security and Risk Assessment. He has previously worked as a Director at the CPF Board.

      UOB has recognized the need for looking outside the finance sector for security-related roles. Singaporean banks have been reinforcing their IT security ranks for some time now. However, the local talent pool is not that big, making it all the more difficult to find experienced IT security people for banks here.

      Wu has completed successful career stints at other financial institutions too. He also served as the Head of IT security at Shinsei Bank in Japan, taking hold of security strategy and planning across the institution. Wu has also served AIA Singapore in an almost similar role.

      The bank is on a hiring spree at the moment. They have provided jobs to a number of analysts, data scientists, engineers, digital designers, project managers, and architects. One of the recent hires also include Christopher Wee, who previously worked for Standard Chartered. At UOB, he will be primarily focusing on product development and digital partnerships.

      31st October 2017

    • Means you can use to pay for big-ticket purchases

      Everyone wishes to make big-ticket purchases. Several electronic gadgets including laptops, home appliances, furniture and high-end smartphones usually cost more than the average. The question of how to effectively pay for these big ticket purchases is often posed. Here are some tips to effectively pay for big-ticket purchases while not feeling too burdened on the cost of the purchase.

      Credit card instalment plans: Several banks offer credit cards that come with the 0% instalment plan feature. Under these plans, no interest is charged on the purchase and the entire cost of the product or service purchased, can be converted into easy monthly repayment options. In the recent past, credit card instalment plans have become quite popular in helping customers make big-ticket purchases.

      A personal loan: While a personal loan for a big-ticket purchase isn’t too recommended, they do work well, as personal loans come with lower annual interests than credit cards. Moreover, most banks give you the option of pre-closing your personal loan, making a personal loan quite a good option to pay for big-ticket purchases.

      Instalment plans offered by the merchant: In many cases, the merchant offers instalment plans to help customers pay for big-ticket purchases. Enquiring about available plans will help deal with these purchases effectively.

      Balance transfers: Balance transfers are another effective way to cope with the financial impact after making a big-ticket purchase. Many banks that offer the balance transfer facility allow for a 6-month or 12-month interest free repayment period.

      04th October 2017

    • Key Things You Need to Know About Personal Cash Loan Singapore

      Personal cash loans in Singapore are very easy to apply. The loan application process is completely hassle-free. It is very convenient to apply for a personal loan in Singapore irrespective of where you stay. Personal cash loans are ideal for Singaporeans with low income.

      Why should you apply for personal cash loan?

        • Appropriate for acute financial requirements

        • Helps in making payments for emergency medical bills

        • Easy access to cash during emergency situations

      Eligibility criteria to apply for personal cash loan

        • You need to have a fixed source of income

        • Singapore citizens, Permanent Residents and foreigners are eligible to apply

        • You should be 21 years old and above

      Benefits of choosing personal cash loan in Singapore

        • Few documents are required

        • Loan approval process is completed within a short span of time

        • The loan amount is given out within a few hours or the same day

      Choose an ideal money lender who can help you with your short-term financial needs. Get a personal cash loan based on an expert’s advice. Apply for a personal loan that suits your specific financial requirements. By doing this you can refrain from taking an excessive loan amount that might burden you in the future.

      04th October 2017

    • UOB Personal Loan Promotion

      Runtime - This promotion is valid from May 16, 2017 to June 30, 2017.

      Particulars - There are two promotional offers right now:

        • New UOB credit card or CashPlus customers applying for UOB personal loan can get an interest rate starting from 4.38% p.a. and a waiver of processing fee, resulting in an effective interest rate of 8.20% p.a.

        • With a minimum approved loan amount of S$10,000 and a minimum loan tenure of 3 years, you will get Dairy Farm Gift Vouchers worth S$100.

      Terms and Conditions

        • Applicants will receive the Dairy Farm Gift Vouchers within 60 days of loan disbursement.

        • Dairy Farm Gift vouchers are accepted at Market Place, Cold Storage, Giant, Jasons, 7-Eleven and Guardian.

    • UOB Introduces KidSmart Programme For Understanding Children’s Talents

      The United Overseas Bank (UOB) has initiated the UOB KidSmart Programme to assist parents in exploring and cultivating their children’s talents. This scheme aims to achieve its goal by applying the MIDAS (Multiple Intelligences Developmental Scales) aptitude evaluation tool.

      According to UOB, parents can start preparing for their child’s future early if their child’s real talent is known. When a child’s aspirations are discovered, a parent can invest in relevant financial plans accurately.

      This programme was introduced as data from The UOB Understanding Young Families Survey showed that nearly all parents who took the survey considered it important to find out their children’s natural abilities for a successful career.

      The top officials of UOB hold that this project is well-timed because jobs are giving more prominence to aspects such as creativity and critical thinking solutions.

      10th November 2016

    • Fintechs and Banks collaborate

      The collaboration between the financial technology firms and banks can play a huge part in mending the small company funding. Two leading banks of Singapore, United Overseas Bank and DBS Bank has tied up with fintechs in order to help the smaller organisations. Their use of new technology for reaching out to the SME (Small and Medium-Sized Enterprises) section has taken a step ahead of their competitors.

      A study suggests that in Singapore, approximately 60 percent of the SMEs depend on loans offered by banks for financing. The representative of DBS Bank stated that they have more than two hundred Small and Medium-Sized Enterprises in the loan pipeline.

      09th May 2016

    • Volunteers and UOB Staff Cooked meals for 5,000 people in need

      On 3 Feb, 2016, 60 staff members of UOB along with other volunteers cooked and distributed meals for the elderly and needy at Willing Hearts' soup kitchen. They cooked 5,000 meals in total and the staff members of UOB included many of the senior managers of the bank. The other volunteers included around 30 businessmen from Singapore. These volunteers spend around 6 hours for cooking the food at the Soup Kitchen that is located at Jalan Ubi, Geylang. Some of the clients of UOB also participated in this noble activity organized by the bank.

      04th February 2016


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