• UOB Home Loan

    UOB Home Loan

    The United Overseas Bank (UOB), Malaysia offers some exciting and flexible features on its Home Loan product. There are two types of UOB Home Loans that can be availed, namely UOB iIntelligent Home Loan & Flexi Mortgage


    You’re probably eligible for an UOB Bank Home Loan if you are

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    UOB Bank Home Loan Minimum Age

    At least 21 years old

    UOB Bank Home Loan Maximum Age

    Less than 70 years old

    UOB Bank Home Loan Eligible Employment Type

    Salaried / Self-employed
    with regular income

    UOB Bank Home Loan Minimum Income

    Earn more than the minimum
    income required


    Your UOB Bank Home Loan amount eligibility is based on these factors

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    UOB Bank Home Loan Minimum Salary

    Instalment limited to about 50%
    of monthly income

    UOB Bank Home Loan Maximum Loan to property value

    Loan capped @ Up to 95 % inclusive of MRTTA

    UOB Bank Home Loan EMI

    Instalments of other loans lower
    your eligibility


    Increase your eligible UOB Bank Home Loan amount by these steps

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    UOB Bank Home Loan Add Spouse as Co-applicant

    Make your spouse a co-applicant,
    and her income will add
    to your eligibility

    UOB Bank Home Loan Maximum Tenure

    Choose longer tenure loan up to 35 years

    UOB Bank Home Loan Add parents as Co-applicant

    Alternatively add your parents


    Documentation needed to apply for an UOB Home Loan

    • 1. NRIC / Identity Card.
    • 2. Latest Valid Passport & VISA/Working Permit/Employment Pass.
    • 3. Copy of Individual Title Deed.
    • 4. Property Valuation Report (for completed properties).
    • 5. Latest 3 consecutive months salary slips/vouchers.
    • 6. Latest 6 consecutive months of commission statement.

    UOB Bank Home Loan Interest RatesUpdated on 09 Dec 2016

    UOB Bank Home Loan Details
    Margin of Finance Up to 95 % inclusive of MRTTA
    Tenor 35 years
    Guarantor Requirement No Guarantee Required

    The United Overseas Bank (UOB) Home Loans are aimed at offering finance for both commercial as well as non-commercial properties. Customers can avail of high loan amounts for both under-construction and fully constructed properties at competitive rates.

    Customers can also enjoy flexibility in terms of the prepayment option to save on their interest amount. What’s more, customers can also make use of the payment holiday option to postpone their repayments at the time of any festive occasion or any medical emergencies under the UOB iNTELLIGENT Home Loan scheme. It is important to note that home loans offered by UOB are calculated on the basis of variable rates. Also, the interest is calculated on a daily rest basis.

    Types of UOB Housing Loans

    United Overseas Bank (UOB) offers three types of home loans as listed below:

    1. UOB Flexi Mortgage
    2. UOB iNTELLIGENT Home Loan
    3. UOB iNTELLIGENT Retail Loan

    1.UOB Flexi Mortgage

    The Flexi Mortgage home loan is an integrated loan product (a complimentary current account is opened) which offers opportunities to customers to save more

    The salient features of United Overseas Bank (UOB) Flexi Mortgage are as follows:

    • Loan tenure: A customer can opt for a long loan tenure - up to 35 years or 70 years - whichever is earlier

    • Loan amount: A customer can avail up to 95% of the value of property as a home loan. The home loan amount includes MRTA insurance which supports the family of a customer in case of any loss of life or total permanent disability

    • Eligibility: The minimum age is 21 years while the maximum is 70 years. The minimum income required is RM24,000

    • Access to cash: Customers can have easier access to cash in the form of cheque or ATM withdrawals

    • Inclusive service: Customers can avail high quality customer service as UOB representatives extend support at every important stage of loan processing from submission of application forms to delivering the required documents on time

    • Prepayments: A customer can opt for extra repayments sans penalty and thereby, save on interest, which in turn, shortens the tenure of his or her home loan

    • Processing Fee: UOB charges a processing fee of RM212 for this plan

    2.UOB iNTELLIGENT Home Loan

    The UOB iNTELLIGENT Home Loan is an attractive home loan option for customers who are looking for greater flexibility to fulfil their financial requirements

    The salient features of UOB iNTELLIGENT Home Loan are listed below:

    • All-inclusive service: UOB helps customers through every stage of loan processing from submission of the home loan application forms to the timely delivering of the required documents

    • High margin: A customer can avail up to 95% of the value of his or her property as a loan. The finance offered encompasses MRTA insurance, which supports the family of a customer in the event of any loss of life or total permanent disability

    • Lower Repayments: Customers can opt for lower repayments courtesy longer tenures for up to 35 years

    • Redraw Facility: A customer can choose to withdraw surplus from his or her prepaid amount for emergencies at any time

    • Payment Holiday: A customer can choose not to make repayments every month in the midst of an emergency or any festive occasion

    • Eligibility: The minimum age is 21 years while the maximum is 70 years. The minimum income required is RM24,000

    • Flexible Repayments: UOB offers flexibility in terms of repayments from fortnightly and monthly repayments to daily and weekly repayments

    • Prepayments: A customer can pay above his or her monthly installment to save on interest

    3.UOB iNTELLIGENT Retail Loan

    The salient features of UOB iNTELLIGENT Retail Loan are as follows:

    • Prepayment: Customers can choose to make additional prepayments which may be above the monthly instalment amount to save on interest

    • High Loan Amount: A customer can avail up to 80% of the value of his or her property

    • Interest rates computed on daily rest: UOB offers a range of home loans structures at competitive interest rates

    • Redraw Facility: A customer can withdraw money from his or her surplus according to specific requirements

    • Loan Tenure: Customers can take a home loan for up to 30 years (maximum)

    • Type of property: Customers can avail of home loans for both under-construction and fully constructed properties

    UOB Housing Loan Interest Rates

    UOB interest rates depend on various factors including the location of a given property, the type of financing - new purchase or refinancing, completed or under-construction property and estimated amount of finance (below RM150,000, RM150,000 to RM300,000, RM300,000 to RM500,000 and RM500,000 and above). As mentioned above, UOB offers high margin of finance (up to 95%) and a host of various benefits including different loan structures and flexible repayment options at competitive attractive rates. Customers can take home loans for up to 35 years.

    Documentation Required for UOB Home Loans

    • Valid passport
    • VISA/work permit
    • Individual title deed (copy)
    • Salary slips (three months)
    • Property valuation report
    • Commission statement (6 months)
    • Identity Card

    How to Calculate Loan Installment for UOB home Loan?

    UOB home loan installment calculator does for you in just under a minute what manual processing would normally take hours to do. Feeding in some important parameters like the desired loan amount, preferred loan tenure, applicable interest rate and then clicking the ‘calculate’ button is all that its takes to know the estimated monthly installment for your UOB home loan. This calculator is also handy for varying the input parameters like home loan amount and preferred loan tenure to reach that optimum monthly installment amount which you think is most suitable to you. It is also a very helpful thing to know what percentage of your monthly income would supposedly go towards home loan repayment.

    FAQs on UOB Home Loan

    1.What is the margin of finance offered by UOB iNTELLIGENT Home Loan?

    A customer can avail up to 95% of the value of his or her property as a loan. The finance offered encompasses MRTA insurance, which supports the family of a customer in the event of loss of life or total permanent disability

    2. What is the maximum loan tenure for which United Overseas Bank (UOB) Flexi Mortgage can be availed?

    A customer can opt for a long loan tenure - up to 35 years or 70 years - whichever is earlier

    3.What are the repayment options available under UOB iNTELLIGENT Home Loan plan?

    UOB offers flexibility in terms of repayments ranging from fortnightly and monthly repayments to daily and weekly repayments

    4.What is the all-inclusive service for United Overseas Bank (UOB) Flexi Mortgage?

    Customers can avail high quality customer service as UOB representatives extend support at every important stage of loan processing from submission of application forms to delivering the required documents on time

    5.What is the payment holiday for under UOB iNTELLIGENT Home Loan plan?

    A customer can choose not to make repayments every month in the midst of an emergency or any festive occasion

    Other Products offered by UOB:

    Apart from offering Home Loan,UOB offers other products and services which include:

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