For Drivers

For Drivers

Whether you are a first-time owner or looking to finance your next ride, secure your loan at top speed with Singapore’s first digital car financing service that enables instant car loan approvals.


Types of Car Loans


Types of Car Loans

Our Partners

Our Partners Our Partners

Frequently Asked Questions

How do I apply for a Car Loan?
chevron

You are required to apply through the Car dealership where you are purchasing the vehicle. You have an option to use the digital loan application using Myinfo for submission of the application at our participating dealerships island-wide and via leading mobile and online classified marketplace, Carousell.

You can also download the application form in the UOB Website and mail the form together with the vehicle sales agreement (VSA), a copy of the NRIC/Passport & Employment Pass and latest income document to:

United Overseas Bank Limited
80 Raffles Place #13-00 UOB Plaza 1 Singapore 048624
Attn: Car Financing Department

The digital loan application and approval process can be completed within 15 minutes at your Car dealership. We will keep you and your car sales consultant informed at every step of the process via SMS and/or email.

1. By Funds Transfer from your UOB account via UOB Personal Internet Banking or UOB TMRW mobile app.
> Login to UOB Personal Internet Banking or UOB TMRW app
> Go to: 'Pay and Transfer' > Billers > New Payment > Billing Organisation: UOB Car/Property Loans Payment
> Fill in: Bill Reference No: 10 digit Car Hire Purchase Agreement No. / Amount (SGD): Loan payment amount
> Review & confirm details are correct, then click on 'Confirm' to proceed with the payment

2. By GIRO arrangement. GIRO application form can also be found in UOB website or UOB branch.

3. By Cash / Cashier's Order / Cheque. Cashier's Order or cheque should be made payable to UOB Ltd for A/C XXXX, where XXXX refers to the vehicle loan account number.
The vehicle loan account number and car plate number should also be written on the reverse of the cheque. You can also deposit cheque at any UOB Branches or drop into Fast Cheque Deposit box.

4. By Telegraphic Transfer - Please see details required below:

Beneficiary Bank Name:

United Overseas Bank Ltd, Singapore

Beneficiary Bank Swift BIC Code:

UOVBSGSG

Beneficiary Name:

<Borrower Name>

Beneficiary Account No.:

<Borrower Account Number>

Payment Details:

Ref: Payment of car loan for attention of RLOC Car Loan Redemption


Please note:
For full settlement of car loan, you can make payment via above mode of payment except GIRO arrangement.
Confirmation Form on Redemption of Vehicle Loan sent to customer is required for payment made at UOB Branch*.
*Please refer to UOB website for the list of full banking services branch.

5. By PayNow via UEN

By PayNow via UEN

Step 1:
Download UOB TMRW from App Store or Google Play, launch the app and log in. On the home page, tap on PayNow

Step 2:
Fill in:
1. UEN No: 193500026ZCAR
2. Reference No: 10-digit Car Hire Purchase Agreement No. / Car Loan Account No.
3. Amount (SGD): Loan amount
4. Click 'Next'

Step 3:
Review & confirm details are correct, then slide Confirm to make the payment.

6. By Scan and Pay

By Scan and Pay

Step 1:
Download UOB TMRW from App Store or Google Play, launch the app and log in. Tap on Scan to Pay.

Step 2:
Scan the UOB Car Loan QR Code.
Note: If you have the image of the QR code in your phone photo library, you could also tap on "Use QR Code from Photos" and select the image.

Step 3:
Fill in:
1. Reference No: 10-digit Car Hire Purchase Agreement No. / Car Loan Account No.
2. Amount (SGD): Loan amount
3. Click 'Next'

Step 4:
Review & confirm details are correct, then slide Confirm to make the payment.

Notes:

  • Any loan payment made before 10.30pm on a weekday or on a Saturday, Sunday or Public Holiday will be credited into your loan account on the next working day.
  • Any loan payment made after 10.30pm on a weekday or on a Saturday, Sunday or Public Holiday will be credited into your loan account on the next second working day.
  • If your loan account is in default, any payment received is on a "Without Prejudice" basis.
  • Any loan payment made without a valid Loan Account Number or Agreement Number in the Reference Number field will be rejected. Applicable charges/interests may be imposed on the loan account.
  • The bank may at its absolute discretion reject any loan payment made from a bank account that is not in the name of the borrower/hirer.

Yes, change of due date is allowed. However, there is a processing fee of S$1,000 for changing monthly instalment due date.

The loan amount is dependent on the Open Market Valuation (OMV) of the financing car:

Open Market Value (OMV) ≤S$20,000
• 70% of the purchase price or valuation price, whichever is lower
Open Market Value (OMV) >S$20,000
• 60% of the purchase price or valuation price, whichever is lower

The maximum loan period is 7 years.

You may request for the car loan full settlement amount via the following mode of communication:

1. Call UOB Contact Centre at 1800-388 2121
2. Email the written request to RLOC Car Loan Redemption at CarRedemptionRLOC@UOBgroup.com
3. Fax in written request to RLOC Car Loan Redemption at fax no. 6439 2604

Note: You may download a copy of the Car Loan Redemption Request Form from UOB website.

For Commuters

For Commuters

Solutions for your everyday transport use made simple and convenient.

UOB simply go

Travel made simple

Enjoy contactless payment for bus and train rides directly with your:

  • UOB Visa / Mastercard / ATM Cards
  • Mobile / wearable payment*

Say hello to more convenience with SimplyGo.

SimplyGo transit-ready cards

UOB Visa Cards

UOB Visa Cards

UOB Visa Cards (with expiry date after Apr 2020) can be used for fare payment via card or mobile/wearable payment*.

UOB Mastercard cards

UOB Mastercard cards

All contactless UOB Mastercard Cards can be used for fare payment via card or mobile/wearable payment*

UOB ATM Contacless Cards

UOB ATM Contacless Cards

If your UOB ATM Card comes with NETS contactless function, you can tap your contactless card for fare payment.

Things You Should Know

Terms and conditions
chevron

*UOB Cards (except UOB ATM Contactless Card) can be used for SimplyGo via Apple Pay, Fitbit Pay, Google Pay and Samsung Pay via Visa/Mastercard. Click through for T&&Cs and step-by-step guide on how to add your card for mobile payments.

^No minimum spend required. UNI$1 is awarded for every S$5 spend. Register via uob.com.sg/ladys-enrol and select category(ies) for which you will earn Bonus 9X UNI$. Cardmembers can choose to convert their UNI$ into air miles at the conversion rate of UNI$1 = 2 miles. Full terms and conditions apply. Visit UOBLadys.com/sg for details.

#Cardmembers earn UNI$ for every S$5 spent on SimplyGo Transactions per submission by the merchant, except for SimplyGo Transactions performed on UOB Visa Cards, where UNI$ are earned based on the accumulated spend on SimplyGo Transactions per calendar month, and awarded to Cardmembers on the 7th calendar day of the following month. Visit uob.com.sg/rewards for details.

+UOB PRVI Miles Mastercard or Visa Cardmembers will earn UNI$3.5 per S$5 spend locally (equivalent to 1.4 miles per S$1 spend) on SimplyGo Transactions.

1For the first 200 new-to-UOB Credit Card customers who successfully apply for a selected UOB personal credit card in the month of October 2022 and spend a min. of S$1,500 within 30 days from card approval date. Click here for full terms and conditions.

Don’t have a UOB Card?

Don’t have a UOB Card?

Get S$250 Grab vouchers when you apply for a UOB Credit Card!

    We're here to help

    Make TMRW yours, download now!