Introduction

UBL CashPlus is a unique term loan financing product which offers a number of features, options, and flexibility aimed to fulfil your financial needs. It is designed for salaried individuals of companies maintaining payroll relationship with UBL or any other Bank in Pakistan.

• Maximum Limit: Up to Rs. 3 Million
• Tenor: 1 – 4 years
• Quick Processing
• Competitive Rates
• Flexible Repayment Terms
• Complimentary Credit Insurance
• Processing fee on approval
• Clubbing of income and Early Settlement option
• Loan top-ups/enhancements for more financing
• Balance transfer facility for outstanding personal loan(s)

Eligibility Criteria

• Minimum Net Income: Rs. 25,000
• Age: 21 – 60 years
• Salaried individuals whose salaries are being credited in UBL or any other Bank in Pakistan.

Documentation Requirements

• Signed application form
• Loan declaration form duly signed
• Letter of Irrevocable Standing Instructions & Authorization of Auto Debit
• Copy of CNIC
• Salary Slip (original or verified as original seen by Branch Manager) and / or
• Salary Certificate mentioning break up. Net salary credited in the account should be same as mentioned in the break-up
• Employment letter / employment card / appointment letter confirming the required tenor
• 12 months’ bank statement reflecting consistent salary credit.

Schedule of Bank Charges