UOB Home Loan Products for Refinancing
Intelligent Home Loan
From 4.61%
- Flexible refinancing packages
- Up to 95% margin incl. MRTA
- Redraw facility for cash access
- No processing fees
Flexi Mortgage
From 4.81%
- Linked to current account
- Save on interest daily
- Quick cash access anytime
- Weekly/fortnightly payments
Home Financing-i
From 4.65%
- Syariah-compliant (Tawarruq)
- 100% stamp duty waiver
- Up to 95% margin
- Competitive profit rates
Compare all 14 banks' rates → *SBR = Standardised Base Rate (3.61% as of 2026). Rates subject to change.
How Much Can You Save with UOB Refinancing?
Example: RM500,000 property, RM300,000 outstanding loan, 30 years remaining tenure.
Your Current Loan
Refinance with UOB
Your Estimated Savings
RM92/month
RM33,120 total over 30 years
Is UOB Good for Refinancing? Honest Review
UOB Advantages
- 95% financing margin — highest among major banks, including MRTA
- Waived processing fees — save RM200-500 upfront vs other banks
- Redraw facility — access extra payments anytime. Calculate cash-out
- Open to foreigners — one of few banks welcoming foreign applicants & PRs
Things to Consider
- Higher starting rate — 4.61% vs 3.80-4.35% at some competitors
- 3-year lock-in — standard early exit penalty of 2-3%
- Smaller branch network — fewer branches than Maybank, CIMB, Public Bank
- Niche positioning — best for high-margin or foreigner needs, not lowest rate
Best For:
Borrowers who need the highest financing margin (95%), foreigners/PRs looking for a welcoming bank, or those who value the redraw facility and waived processing fees. Ideal if margin and flexibility matter more than getting the absolute lowest interest rate.
UOB Refinance Eligibility Requirements
Age
21 – 65 years old
Citizenship
Malaysian citizens, PR, or foreigners
Min Income
RM3,000/month (salaried & self-employed)
Loan Type
Conventional & Islamic (Tawarruq)
Property
Residential — landed & non-landed
DSR Limit
Up to 70%
Max Margin
Up to 95% (incl. MRTA)
Existing Loan
Any bank can refinance to UOB
Dapatkan Kadar Terbaik Untuk Anda
Pakar kami akan bantu anda compare 10+ bank dalam masa 24 jam
UOB vs Other Banks — Refinance Comparison 2026
| Bank | Rate (%) | Islamic | Lock-in | Max Margin | Foreigners |
|---|---|---|---|---|---|
| ★ UOB | 4.61 | Yes | 3 yrs | 95% | Yes |
| RHB | 4.10 | Yes | 3 yrs | 90% | Limited |
| Public Bank | 4.22 | Yes | 3 yrs | 90% | No |
| CIMB | 4.35 | Yes | 3 yrs | 90% | Yes |
| Maybank | 4.35 | Yes | 3-5 yrs | 90% | Selected |
Rates are indicative and subject to change. Compare all 14 banks' rates →
How to Apply for UOB Refinance — Step by Step
Check Eligibility & DSR
Use our DSR calculator to ensure you qualify. Minimum income RM3,000/month, DSR below 70%.
Gather Documents
IC, latest 3 months payslips, 3 months bank statements, EPF statement, current loan statement, property documents (S&P, title).
Submit Application
Apply through our panel for free multi-bank comparison, or apply directly to UOB online or at any branch.
Valuation & Approval
UOB arranges property valuation. Credit assessment and approval decision takes 2-4 weeks from complete submission.
Sign Loan Agreement
Review and sign the Letter of Offer. Complete legal documentation with UOB's appointed lawyer.
Disbursement
UOB settles your existing loan with your old bank. New loan begins with lower monthly payments.