UOB HP50 Car Loan

  • car-financingcar-financing

    With our affordable loans, your dream car won’t have to take the back seat


It’s now even more affordable to own your dream car with UOB HP50 Car Loan, the car financing plan that lets you halve your monthly instalments so you can enjoy greater financial mobility.

Get up to 50% off your monthly car instalments for 59 months and at the end of the loan tenure (60th month), you can choose to:


Redeem your vehicle by paying the final instalment


Trade in your current car at the prevailing market price for your next dream car at your dealership



Enter into a sell and lease back scheme with your dealer*


How it Works

Requirements and Rates

  • Singapore Citizen or Singapore Permanent Resident
  • At least 21 years old
  • A local guarantor is required if a non-resident individual wishes to apply for a loan
  • Latest Income Documents (Income Tax Notice of Assessment, IR8A Form, pay slip, etc)
  • Photocopy of identity card/passport
  • Sales/Purchase Agreement from car distributor
Car Loans Rates
  New Car Used Car (10 Years and Under)
Loan period Interest Rate p.a Effective Rate Interest Rate p.a Effective Rate
1 year 2.78% 6.03% 2.98% 6.46%
2 years 2.78% 5.72% 2.98% 6.12%
3 years 2.78% 5.59% 2.98% 5.98%
4 years 2.78% 5.50% 2.98% 5.88%
5 years 2.78% 5.43% 2.98% 5.81%
6 years 2.78% 5.37% 2.98% 5.74%
7 years 2.78% 5.32% 2.98% 5.68%

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.

Apply Now

Contact Us

Call Us 24-hours, toll-free at 1800 388 2121




Email us



Via Application Form


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.


More Information

*UOB HP50 Car Loan: Terms and conditions apply. Limited to New Passenger Vehicles only. Minimum loan size is S$50,000 and maximum loan size is capped at S$400,000. Full product terms and conditions apply and subject to regulatory requirements. The terms and conditions applicable to this product are contained in the application form and other offer documents. Final terms may differ and loan approval is subject to the Bank’s final credit assessment.

MAS Notice 642 Motor Vehicle Loans

Collateral Type Maximum LTV
New & used passenger cars (all models)
  • Max. LTV 60% if applicable OMV is more than S$20,000
  • Max. LTV 70% if applicable OMV is S$20,000 or less

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

  • 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

Schedule for Payment and Dislodgement of Finance Interest with HPFLAS
Payment at Retail Loan Operations Centre
Account Processing – Incoming Funds


United Overseas Bank Ltd - Retail Loan Operations Centre,
1, Tampines Central 1
#03-02 UOB Tampines Centre
Singapore 529539

Fax Number:

+65 6788 5930