UBL Drive
With UBL Bank competitive car loan, we provide the best possible financing solution to make your dream car a reality. Benefit today from the most appealing features in town and get the keys of your dream car at a glance!
Product Benefits and Features
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Financing available for all New & used(Local), and Imported Cars
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Loan available on flexible and fixed rates
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Minimum Down Payment (20%)
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Maximum financing till Rs 6.00 Million
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Financing period is 1-7 years
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Choice of reputable insurance companies at competitive rates.
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Quick processing and minimal documentation
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Up to 80% financing
Mark Up Rates
Floating Mark-up rates
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Existing Customers
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1 year KIBOR*+6%
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New to Bank Customers
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1 year KIBOR*+7%
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*KIBOR One Year (Ask Side) prevailing on the last working day of the month prior to the booking,
Fixed Mark-up rates
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Relationship
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1-3 Years
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4-7 Years
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Existing
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20%
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21%
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New to Bank
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21%
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22%
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Eligibility Criteria:
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Salaried Customers
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Self - Employed Professionals
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Age Criteria: 21-60
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Age Criteria: 21-65
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Job Status: Permanent only
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Job Status: NA
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Salary Income: Rs 35,000 per month
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Salary Income: Rs 50,000 per month
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Length of Employment: Min 03 months
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Length of Business: 2 years
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DBR: Max 40%
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DBR: Max 40%
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Category Wise Requirement
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Salaried Customers
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Self - Employed Professionals
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Two recent photographs
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Two recent photographs
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Copy of CNIC
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Copy of CNIC
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Employment Proof
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Acceptable proof of business
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Experience Letter
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Bank statement of last 1 year
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Bank statement of last 1 year
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Registered or unregistered Partnership Deed
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