With our COE Car Loan, you can continue to enjoy the convenience of car ownership without shelling out a huge sum for a brand new car.
UOB COE Car Loan* offers up to 7 years financing at competitive rates.
With our COE Car Loan, you can continue to enjoy the convenience of car ownership without shelling out a huge sum for a brand new car.
UOB COE Car Loan* offers up to 7 years financing at competitive rates.
Attractive interest rates
Fast processing and approval with a wide network of dealers
A loan quantum of up to 70% of the purchase price or the Bank's valuation, whichever is lower
Easy repayment: A maximum repayment period of 7 years and a fixed monthly instalment sum throughout the repayment period
Type of Car | Age of Car | Margin of Financing | Tenure |
Used COE Car | More than 10 years old (not exceeding 11 years old) |
Up to 70% | *Up to 7 years for revalidated COEs |
Car Loans Rates | ||
COE Car (>10 years to 11 years) | ||
Loan period | Interest Rate p.a. | Effective Rate |
1 year | 3.25% | 7.04% |
2 years | 3.25% | 6.67% |
3 years | 3.25% | 6.51% |
4 years | 3.25% | 6.40% |
5 years | 3.25% | 6.31% |
6 years | 3.25% | 6.23% |
7 years | 3.25% | 6.17% |
The rates shown here are indicative only and are subject to change without prior notice. They are not to be taken as an offer to contract. United Overseas Bank Group shall not be responsible for any loss or damage arising directly or indirectly from the use of or reliance on the information provided herein.
If you’re thinking of renewing the COE of your current car, we have the perfect route to help make it happen.
From now till 31 July 2018, enjoy a preferential rate of 3.18% p.a.^ interest (Maximum Effective Interest Rate is 6.89% p.a).
Car Loans Rates | ||
Age of Car | ||
Loan Period | Interest Rate p.a. | Effective Rate |
1 year | 3.18% | 6.89% |
2 years | 3.18% | 6.53% |
3 years | 3.18% | 6.37% |
4 years | 3.18% | 6.26% |
5 years | 3.18% | 6.18% |
6 years | 3.18% | 6.11% |
7 years | 3.18% | 6.04% |
The rates shown here are indicative only and are subject to change without prior notice. They are not to be taken as an offer to contract. United Overseas Bank Group shall not be responsible for any loss or damage arising directly or indirectly from the use of or reliance on the information provided herein.
^ Terms and Conditions: Minimum loan amount is S$10,000. Promotion is valid till 31 July 2018 and may be subjected to change without prior notice. Maximum of 5 years tenure for revalidated COE of 5 years. Maximum of 7 years tenure for revalidated COE of 10 years. Tenure must not exceed maturity period of the COE. Other terms and conditions apply.
Download an application form
(You will need Adobe Acrobat Reader to view this file. To download a copy, click here.)
Upon completion of the form, kindly scan and email the form to us.
UOB
MAS Notice 642 Motor Vehicle Loans
Collateral Type | Maximum LTV |
New & used passenger cars (all models) |
|
In conjunction with the Vehicle Registration Licensing Scheme (VRLS), the following shall apply with effect from 28 Feb 2006:
“(“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 (HPFLAS) regarding the financing status of such Goods. The Hirer also agrees that LTA may, upon the request of the Owner and the Owner'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."
Car Financing Loan Settlement
Vehicle Loan Full Settlement - Cut-off Time
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
Schedule for Payment and Dislodgement of Finance Interest with HPFLAS
Payment at Retail Loan Operations Centre
Account Processing – Incoming Funds
Address:
United Overseas Bank Ltd - Retail Loan Operations Centre,
1, Tampines Central 1
#03-02 UOB Tampines Centre
Singapore 529539
Fax Number:
+65 6788 5930
*Maximum of 5 years tenure for revalidated COE of 5 years. Maximum of 7 years tenure for revalidated COE of 10 years. Tenure must not exceed maturity period of the COE. Other terms and conditions apply. For more information, please refer to the application form.