UOB Personal Loan
Enjoy interest rates as low as 1.00% p.a. (EIR from 1.93%), instant approval, waived processing fee, and up to 2% cash rebate for qualified loans.
UOB Personal Loan stands out in Singapore for its incredibly low starting interest rate of 1.00% p.a. (with Effective Interest Rate from 1.93% p.a.). On top of competitive rates, customers can enjoy a waiver of processing fees and receive up to 2% cash rebate if applying for a loan of at least S$15,000 over a tenure of 3 to 5 years. The minimum loan is S$1,000 and the offer is available up till April 2026 to Singaporeans and PRs aged 21-65 with a minimum S$30,000 annual income.
How to Apply: Simple Steps
- Ensure you are an existing UOB Credit Card or CashPlus account holder with updated particulars.
- Visit the official UOB Personal Loan application page online.
- Select your preferred loan amount and tenure (1-5 years).
- Submit the form, review your pre-offered rate, and get instant approval if eligible.
What We Love
One of the best aspects of the UOB Personal Loan is the affordable interest rate, making big life moments manageable. Instant approval is also a key advantage, ensuring access to funds when you need them the most.
Another highlight is the complete waiver of processing fees for all tenures, reducing upfront costs—rare for personal loans in SG.
Some Drawbacks
The loan is only available to existing UOB card or CashPlus account holders, limiting accessibility for new customers who do not already bank with UOB.
Additionally, early cancellation comes with a fee of S$150 or 3% of outstanding balance, which could be significant if you plan to settle early.
Urteil
Overall, the UOB Personal Loan is an attractive choice for those seeking low rates and fast access to cash. It’s a stand-out offer if you’re already a UOB customer looking to finance personal needs, consolidate debts, or handle emergencies efficiently. The instant approval and cash rebate sweeten the deal, though eligibility is best for existing UOB account holders.
