United Overseas Bank (UOB) Personal Loan

United Overseas Bank Malaysia or UOB Malaysia is a subsidiary of United Overseas Bank Limited and was incorporated in 1993 with an aim to be a leader in consumer and commercial banking services in the region. Read more Show less

Compare Personal Loans by UOB Malaysia

About the loan

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Features

ongoing
 promotion

-
interest rates 9.99% p.a. - 11.99% p.a. flat
(based on eligibility)
effective interest rate
17.96% p.a. - 21.57% p.a.
(based on flat interest rate & tenure)
minimum loan amount RM 5,000
maximum loan amount RM 100,000
(salaried applicants)
maximum loan amount RM 50,000
(self-employed applicants)
minimum loan tenure 12 months
(1 year)
maximum loan tenure 60 months
(5 years)

Benefits

  • enjoy low interest rate as low as 0.83%* per month
  • flexible loan amount up to RM 100,000
  • flexible repayment tenure of up to 5 years
  • low monthly instalment
  • no processing fee, no guarantor and no collateral
  • hassle-free, express application

Eligibility

  • 21 to 55 years old
  • minimum annual income - RM 24,000 p.a. (salaried employee)
  • minimum annual income - RM 36,000 p.a. (if self-employed)
  • Malaysian citizen or permanent resident

Fees & Charges

  • late payment charges - 1% on the amount in arrears
  • early settlement fee - 3% on total balance outstanding (principal + interest) or minimum RM300, whichever is higher
Monthly Income (RM)
Salaried Self-employed Interest Rate
2,000-3,999 3,000-5,999 11.99% p.a.
4,000-6,999 6,000-7,999 10.99% p.a.
7,000 & more  8,000 & more 9.99% p.a.
 

Example monthly instalment amount for UOB Personal Loan

Monthly (RM) Instalment at 9.99% p.a. Interest Rate
Sum Borrowed / Tenure RM 5,000 RM 25,000 RM 50,000 RM 75,000 RM 100,000
12 months 460 2,300 4,590 6,880 9,170
24 months 250 1,250 2,500 3,750 5,000
36 months  181 903 1,810 2,710 3,620
48 months  146 730 1,460 2,190 2,920
60 months  125 630 1,250 1,880 2,500
Monthly (RM) Instalment at 10.99% p.a. Interest Rate
Sum Borrowed / Tenure RM 5,000 RM 25,000 RM 50,000 RM 75,000 RM 100,000
12 months 470 2,320 4,630 6,940 9,250
24 months 260 1,280 2,550 3,820 5,090
36 months  185 930 1,850 2,780 3,700
48 months  150 750 1,500 2,250 3,000
60 months  130 650 1,300 1,940 2,590
Monthly (RM) Instalment at 11.99% p.a. Interest Rate
Sum Borrowed / Tenure RM 5,000 RM 25,000 RM 50,000 RM 75,000 RM 100,000
12 months 470 2,340 4,670 7,000 9,340
24 months 260 1,300 2,590 3,880 5,170
36 months  190 950 1,890 2,840 3,780
48 months  155 780 1,550 2,320 3,090
60 months  134 670 1,340 2,000 2,670

Documents Required

Category Documents to prepare
Salaried Malaysians
with income documents

compulsory

  • photocopy of IC (front & back), or passport
  • latest 3 months' pay slip

any of the following where necessary

  • latest Form B/BE with tax payment receipt
  • latest 3 months' bank statements showing salary credit transaction
  • your EPF statements of the last 12 months
Self-employed Malaysians
with income documents

compulsory

  • a copy of your IC (front and back), or passport
  • latest Form B/BE with tax payment receipt
  • latest 3 months' bank statement that shows salary credit transaction
  • business registration certificate Form 9, Form 24, Form 49
  • minimum 2 years in the same business
Applying
with other banks'
credit or charge cards

compulsory for all

  • principal cardmember must have been holding the card for more than 1 year
  • said card must be issued in Malaysia
  • a copy of your IC (front and back) or passport

salaried applicants

  • 1-month payslip
  • latest Form BE
  • latest EPF form
  • bank statement of your salary crediting account
self-employed applicants
  • Form B and tax receipt
  • bank statement
  • audited P&L account

References

[last updated: 07 Nov 2019]

  • UOB offers a variety of products and services, and maintains high global standards for customer service and innovation. 
  • Under personal banking, customers can choose from a selection of loans, deposits, cards, and investments. 
  • Business entities can take advantage of its cash management, custody services, merchant, and other global services. 
  • The bank is well recognized in the industry. In 2014, it received 11 awards from AsiaMoney and the Most Admired ASEAN Enterprise for ASEAN Centricity from ASEAN Business Advisory Council.