UOB Personal Loan stands out for Singaporeans seeking a hassle-free and affordable way to get emergency cash. With interest rates starting at 1.38% p.a. (EIR from 2.65% p.a.) and flexible loan tenors from 1 to 5 years, this loan offers large cash rebates for eligible applicants – up to 2% for approved amounts over S$15,000. During the extended promotion till 31 January 2026, the potential for significant savings increases, especially for borrowers with bigger needs.

Step-by-Step: How to Apply for UOB Personal Loan

• Check if you are an existing UOB Credit Card or CashPlus account holder
• Ensure your income and personal details are updated with UOB
• Go to the UOB website and access the Personal Loan application page
• Input your preferred loan amount (min S$1,000) and tenor (up to 5 years)
• Receive instant approval decision and loan disbursement upon approval

Key Pros of UOB Personal Loan

One of the biggest plus points is the low interest rate, which helps make repayments more manageable for most borrowers. Flexible tenor options and a complete waiver of processing fees across all tenors further improve affordability.

Instant approval and fast disbursement make this loan convenient when funds are needed quickly. The up to 2% cash rebate on loan amounts above S$15,000 is an uncommon perk.

Cons to Consider Before Applying

The loan is only available for existing UOB Credit Card or CashPlus account holders, limiting eligibility for first-time customers. Early repayment comes with a penalty fee, so plan carefully before taking a longer tenor.

Approval amount depends on UOB’s internal credit review, so you may not always receive your requested sum.

Verdict: Is UOB Personal Loan Worth It?

For eligible UOB customers, this personal loan is a strong contender thanks to its low rates, instant approval, and attractive cash rebates. However, only those who already bank with UOB can apply, and care is needed with early repayment terms.