UOB Car Loan
Loan Details
- New &Used PHV Vehicle : 2.90% New&Used Commercial Vehicle : 3.68% COE Commercial Vehicle : 3.68%
- Fast Processing and Approval
- Maximum Financing Amount: Up to 70% of purchase price or bank's valuation if OMV ≤S$20,000; or Up to 60% if OMV >S$20,000, Max 60% LTV for EVs
- Early Settlement Fee: An early settlement fee of 20% of Interest Rebate based on Rule of 78 will apply throughout the finance period for both Hire Purchase Act and Non-Hire Purchase Act cases
- Early Settlement Penalty: 1.5% of original loan amount early prepayment fee (1 mth notice)
- Early Settlement Notification Period: 30 working days' prior written notice, or otherwise, payment 1 month's interest in lieu
- Maximum Financing Period: Age of Vehicle + Financing Period = Not Exceeding 10 Years
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