UBL Smart Cash Loan

Summary

UBL Smart Cash offers you easy access to cash as you can get up to 80% cash against your investments / savings in UBL Mutual Funds. Smart Cash provides you a financial solution with flexibility.

UBL Smart Cash Loan gives you an opportunity for expanding and growing your business, to meet your business working capital requirements and/or financing of business assets while maintaining and growing your investment / savings in selected UBL Mutual Funds.

Salient Features

Financing Facility up to 80% of your investment (depend upon mutual funds)
Immediate availability of financial solution
Competitive Mark-up rates
Number of credit facilities including Running Finance, Term Loan, LC & LG
Personalized relationship management

Eligibility

Experience in respective business
Minimum age 21 years and Maximum age 60 years (in case of Proprietor)

Required documents

Customer request letter (Loan Application Form)
Valid CNIC
Latest statement of UBL Mutual Funds

Contact # 0800-55-825

FAQs – Smart Cash Loan

What is Smart Cash Loan?

The product Smart Cash Loan is a loan facility against your investments in UBL Mutual Funds (selected).

For what purpose can I borrow?

It can be for business purpose or for any personal use

How much can I borrow and against what UBL Mutual Funds Schemes?

It depends on the type of investment held. Relationship Manager will brief you updated status.

What are the financing facilities available?

For Business purpose: All type of facilities are available to address your business needs including Running finance facility, term finance, Letter of Credit, LG, FIM & FTR facility For Personal need: You can avail Running finance & / or term finance

What is the maximum period for term finance?

Term finance facility is available from one year upto 5 years.

What is the minimum amount that I can borrow?

For Business: Rs. 1 million
For salaried / Self Employed: Rs. 100,000/-

Who can apply for loan?

For Business: Individual / Proprietorship, Partnership, Private Limited Companies
Personal Needs: Permanent salaried employees and self-employed individuals

My investment in UBL Mutual Funds is under joint account can I borrow against it?

Yes, you can borrow against it.

My investment in other Mutual Funds, can I borrow against it?

Can I get facility against UBL Mutual Funds issued in favor of other person or entity?

Yes, you can avail loan facility against selected UBL Mutual Funds issued in favor of other person or entity

What are the requirements for applying a loan?

For Business Propose

Financial statement
Valid CNIC
Minimum experience required 2 yearsv

Salaried Individual

6 Month Bank Statements
Minimum experience required 6 months (permanent job)
Age limit: 21 to 60
Valid CNIC
Latest Salary Slip
Copy of the latest paid bill received at the residential address

Self – Employed

Valid CNIC
Age limit: 21 to 60
Minimum experience required 6 months
6 Month Bank Statements
Bank letter for proprietorship
Copy of the latest paid bill received at the residential address
Financials – Income Estimation duly certified by Chartered Accountant

How can I get loan?

We will forward your request to our relationship management team who will get in touch with you to discuss your requirements.

Apply Now