UOB (United Overseas Bank) offers clients with loans at very friendly rates and terms and conditions.
When someone apply for a personal loan at UOB applicants can enjoy the following benefits; 1.8% processing rate, affordable repayments from as low as S$0.80 daily, choice of the repayment period of between 12 to 60 months, and a greater control of their finances with the structured repayment schedules. Also, one can choose between fixed or flexible loan repayment plans.
Getting a loan is a quick method to get cash when someone needs it. Whether need to invest in a lucrative business idea, settle bills, buy a new house or get a new car, people can get a personal loan at UOB.
At UOB, it is possible to apply for a loan online (paperless and hassle-free) and also possible to transfer funds from one account to another in a simple and
Personal loans at UOB are available at very attractive interest rates, terms, and conditions. The effective interest rates range from 14.13% to 14.14.685% p.a depending on the loan tenure.
This means the if a client is given a loan amount of S$12,000 to be repaid in a period of 48 months, the client will have to pay S$250 for the first year, S$353.05 the second year, S$353.05 the third year, and S$353.05 the fourth year to fully repay the loan. This calculation has included the 4% loan processing fee when there are no offers or promotions.
To get a personal loan at UOB (Singapore), customers only need to meet the following minimum requirements; being between 21-60 years old, having a minimum income of S$15,000 p.a for Singapore Citizens and have all the documents required.
A customer should also have a regular income whether salaried or self-employed and earn more than the minimum income required. If one meets all the above requirements, they are eligible for an approved minimum loan amount of S$1,000. Clients also are allowed to cancel an outstanding loan which is subject to a 3% of the outstanding loan cancellation charge.