UOB Personal Loan

Pay Profit Rate Max. Financing Amount Total payment
RM 925 / mth 10.99% p.a. RM 100,000 RM 11,099
1.8
1.8 out of 5 stars (based on 6 reviews)
Excellent17%
Very good0%
Average0%
Poor17%
Terrible66%

No Title

December 13, 2024

I’ve been extremely impressed with uob bank’s services. The online platform is user-friendly, and the customer support is always helpful and responsive. Transactions are quick, and the mobile app makes managing my accounts easy. I highly recommend this bank for anyone looking for reliable and efficient banking.

Avatar for yiyi
yiyi

No Title

December 13, 2024

Service is so slow and banking facilities are from the 1960’s you get treated like an idiot to ask what have you take. That money for and when you ask for explanation you get I don’t know use a better bank is my recommendation

Avatar for Tom Wright
Tom Wright

No Title

December 13, 2024

Unfortunately I have to give one star to leave a comment, actually I dont want to give even one star!!!!!!! The customer service is sucks and process is super slow. I have request to cancel my credit card since 15-Apr and request a release letter to prove that I have no more outstanding balance with this lousy bank, and I have call multiple times to chase and chase, and two day 29-Apr I have call again and the customer said the letter probably but not promise will send to me by next week as I only request today????? What???? So mean these few days I chase for nothing??? You guys dont even record down what customer request? Super suck and I will tell everyone dont apply UOB credit card!

Avatar for Li Sin Chiah
Li Sin Chiah

No Title

December 13, 2024

Worst bank ever! I’ve been Citibank customer for the past 3 decades and their services are top-notch. I never expect such a poor service under UOB! Their customer service phone number is almost unreachable!!! Their web chatbox is not working properly, their phone system contents are different for both English & Malay. I could only do my fee waiver application on the Malay version, not English. After waited for a week they sent me a sms stating that it was rejected without any reason given. Everything has to wait for 1 week! OMG – are their management team living in the cave? They have to remember the customers are human beings not machine! It’s a total waste of time! I’m cancelling both my cards. Will never recommend them at all to anyone, they are a total disaster and horrible!

Avatar for Ching BB
Ching BB

No Title

December 13, 2024

worst bank compared to other bank like maybank, cimb, public.. their sales team is too pushy. lacking in communation and documentation. They expect me to

find agreement in website by my own instead of provide it to me? full of tricks to earn money from clients. i even called the customer servise to request for no calls from seller in UOB

IF UOB called u to sell their plenty of products IMMEDIATELY ENDs the call.. !!!

Avatar for Nurul Syahirah
Nurul Syahirah

No Title

December 13, 2024

UOB Malaysia worst bank and experience. Their service is abysmal, bordering on non-existent. Filling out their forms is a pointless exercise, as they clearly don’t bother to update their systems. Countless calls to rectify a simple phone number change have been met with empty promises and zero action. Six months of frustration and incompetence is a testament to their utter disregard for their customers.

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Superman

UOB Personal Loan Overview


Key Loan Details:

  • Loan Amount: RM5,000 to RM100,000.
  • Repayment Tenure: 12 to 60 months (1 to 5 years).
  • Interest Rate:
    • From 9.99% p.a. (for income of RM7,000 and above).
    • 10.99% p.a. (for income between RM4,000 to RM7,000).
    • 11.99% p.a. (for income between RM2,000 to RM4,000).

Loan Calculator Example:

  • Loan Amount: RM10,000.
  • Repayment Period: 2 years.
  • Monthly Income: RM5,000.
  • Monthly Repayment: RM508.25.
  • Interest Rate: 10.99% p.a..

Key Features:

  • No Processing Fees: There are no processing fees for this loan.
  • Fast Approval: Quick approval process with minimal hassle.
  • Flexible Tenure: Choose repayment from 12 to 60 months (1-5 years).
  • Loan Amount: Borrow up to 6x your monthly income, ranging from RM5,000 to RM100,000.
  • No Collateral or Guarantor Required: This is an unsecured loan.

Eligibility Criteria:

  • Minimum Age: 21 to 55 years old.
  • Minimum Income:
    • RM3,000/month for salaried employees and self-employed individuals.
  • Citizenship: Malaysian citizens are eligible.

Required Documents:

  • Salaried Employees:
    1. Copy of MyKad/NRIC (front and back) or Passport.
    2. Latest 3 months salary slips.
    3. Latest B/BE form with tax payment receipt, OR
    4. Latest 3-months bank statements from salary crediting account, OR
    5. EPF statements for the last 12 months.
  • Self-employed:
    1. Copy of MyKad/NRIC (front and back) or Passport.
    2. Latest B/BE form with tax payment receipt.
    3. Latest 3-month bank statements from the salary crediting account.
    4. Company documents: Form 9, 24, 49 or business registration (minimum 2 years in the same business).

Fees & Charges:

  • Stamp Duty: 0.5% of the loan amount.
  • Early Settlement Fee: RM300 or 3% of the remaining loan balance (whichever is higher).
  • Late Penalty Fee: 1% on the outstanding balance.

Additional Benefits:

  • Loan Amount: Flexible loan amounts up to 6x your monthly income.
  • Early Settlement: Option to settle the loan earlier with a fee.
  • No Guarantor or Collateral: No need for additional security.

Who Can Apply:

  • Salaried employees and self-employed individuals who are Malaysian citizens aged 21-55 with a minimum income of RM3,000/month.

This UOB Personal Loan offers a straightforward, unsecured loan option with flexible repayment terms and competitive interest rates. It is designed for individuals with stable incomes, offering quick approval and a no-collateral requirement, making it ideal for both salaried employees and self-employed applicants.