UOB Personal Loan
An unsecured personal loan of up to 5 years for Government servants, employees of private sector organizations, and self-employed individuals.
What's so great about UOB Personal Loan?
Product Features
Min. financing amount |
RM5,000 |
Max.financing amount |
Up to 5x fixed monthly salary or up to RM100,000 (salaried applicants) / RM50,000 (self-employed applicants) |
Min. loan tenure |
1 |
Max. loan tenure |
5 |
Islamic/Conventional |
Conventional |
Interest rate |
Fixed rate of 9.99% per annum |
Approval duration |
Up to 7 business days |
Debt consolidation |
No |
Fees & Charges
One time set up |
|
Processing fee |
N/A |
Stamp duty |
0.5% on loan amount |
Disbursement & misc. fee |
N/A |
Penalties |
|
Early settlement |
3% on outstanding loan amount or RM300, whichever is higher |
Late payment charges |
1% on outstanding loan amount or RM10 per day, whichever is higher |
Eligibility
Age requirement |
Age 21 - 55 |
Employment eligibility |
Government servants, employees of private sector organization, or self-employed individuals |
Min. salary requirement |
RM2,000 gross per month |
Guarantor / Collateral requirement |
N/A |
Other Requirements
Need to open linked banked account? |
No |
Need to buy Takaful product? |
No |