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Personal Banking > Loans > Car Financing

Car Financing
The key to your dream car


Getting your dream car couldn't be easier. We provide loans for all types of passenger vehicles, new or used.

   



With effect from 28 Feb 2006 in conjunction with the Vehicle Registration Licensing Scheme (VRLS), the following shall apply:


"("Where the Goods is a motor vehicle") Notwithstanding any provision to the contrary in this Agreement, the Hirer agrees that the Land Transport Authority of Singapore (LTA) may, upon receipt of any request to register, transfer or de-register the Goods, seek clarification from the Hire Purchase, Finance and Leasing Association of Singapore regarding the financing status of such Goods. The Hirer also agrees that LTA may, upon the request of the Owner and the Owners's fulfilment of any requirements as may be stipulated by LTA, temporarily suspend (for such period as may be determined by LTA) or refuse any such transfer or de-registration of the Goods or transaction relating to the PARF/COE rebates in respect of the Goods. The Hirer acknowledges and agrees that this Clause shall be enforceable by LTA."

Vehicle Loan Full Settlement - Cut-off Time
For Receipt of Payment and
For UOB to Dislodge the Finance Interest (Form B) with HPFLAS


Important Notes:
(a) “Business day” refers to Monday to Friday, from 9am to 2pm, excluding Saturday, Sunday and Public Holidays.
(b) Payment made after business hours is considered made at 9am on the following business day.
(c) It is important that you do not deposit cash/cheque at any UOB Group branch as the release of Form B will be delayed.
(d) The release of Form B is subject to clearance of third-party cheque.
(e) Cut-off time is subject to change without notice.
Please call 1800 22 22 121 (24-hour, toll-free) or log on to www.uobgroup.com for up-to-date information.


Schedule for Payment and Dislodgement of Finance Interest with HPFLAS

Payment at Centralised Credit Operations Division
Credit Processing Dept- Consumer A/C (HP)

Address:
1, Tampines Central 1
#03-02 UOB Tampines Centre
Singapore 529539

Fax Number:
6788 5930


 
Payment Time
(Monday-Friday)

Dislodgement of Interest with HPFLAS
By Cashier’s Order or cash or debiting UOB Account
9am to 2pm
Within next business day
By third-party cheque
9am to 2pm
Within three business days



You'll enjoy:

  • Attractive interest rates
  • Fast processing and approval
  • A wide network of dealers
  • A loan quantum of up to 100% of the purchase price or the Bank's valuation, whichever is lower (Terms and conditions apply)
  • Easy repayment: A maximum repayment period of 10 years and a fixed monthly instalment sum throughout the repayment period

What are the requirements?

  • You must be a Singapore Citizen or Singapore Permanent Resident and at least 21 years old
  • A local guarantor is required if a non-resident individual wishes to apply for a loan
  • The following documents are required:
    • For New Passenger Vehicle: Sales/Purchase Order from supplier
    • For Used Passenger Vehicle: Copy of Registration/COE Card
    • Latest Income Documents (Income Tax Notice of Assessment, IR8A Form, pay slip, etc)
    • Photocopy of identity card/passport

How much does it cost?

  • Check our attractive rates in the table below
  • You may wish to use our Car Financing Calculator to work out your monthly commitment


 
New Car
Used Car (10 Years and Under)
Loan Period

Rate
% p.a.*

Effective Rate
% p.a.

Rate
% p.a.*

Effective Rate
% p.a.

1 year
3.25
7.04
3.625
7.85
2 years
3.25
6.67
3.625
7.42
3 years
3.25
6.51
3.625
7.23
4 years
3.25
6.40
3.625
7.11
5 years
3.25
6.31
3.625
7.00
6 years
3.25
6.23
3.875
7.36
7 years
3.50
6.61
3.875
7.27
8 years
3.50
6.54
3.875
7.19
9 years
3.50
6.47
3.875
7.11
10 years
3.50
6.41
3.875
7.04

*All rates quoted are in advance and on flat basis.

For more information/loan application:

  • Fill up an application form
  • Visit any UOB Group Branch (only for New Car Loan Applications)
  • Contact any of our business associates below (for New and Used Car Loan Applications):
Name
Address
Phone/Email
Skyway Credit & Leasing Pte Ltd 390 Havelock Road
#07-01
King's Centre
Singapore 169662
Tel : (65) 6333 6333
Email: sales@skyway.com.sg
SL Credit 32 Toh Guan Road East #01-03 Enterprise Hub
Singapore 608578
Tel: (65) 6466 6166
Mobile: (65) 9686 6616
Email : sunny@slcredit.com.sg
Website: www.slcredit.com.sg
Sin Thai Hin Motor & Credit Pte Ltd 128 Prinsep Street
#02-01
Sin Thai Hin Building
Singapore 188655
Tel: (65) 6339 5511
Email: motor_credit@sth.com.sg
Twincam Motor Credit Pte Ltd Blk 265 #02-269
Serangoon Central Drive
Singapore 550265
Tel: (65) 6283 8100
Email: twincam@singnet.com.sg
Cash & Credit Auto Pte Ltd Blk 129 #01-137
Kim Tian Road
Singapore 160129
Tel: (65) 6274 0267
Mobile: (65) 9723 3030 (Betty Oon)
Email : enquiry@credit.com.sg

CitiPrime Credit Pte Ltd

7500A Beach Road
#01-301
The Plaza
Singapore 199591
Tel: (65) 6298 9688
Mobile: (65) 9825 2338 (Willie Ng)
Email: willieng@citiprime.com.sg



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