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
-
Financing available for all New & used(Local), and Imported Cars
-
Loan available on flexible and fixed rates
-
Minimum Down Payment (20%)
-
Maximum financing till Rs 6.00 Million
-
Financing period is 1-7 years
-
Choice of reputable insurance companies at competitive rates.
-
Quick processing and minimal documentation
-
Up to 80% financing
Mark Up Rates
Floating Mark-up rates
|
Existing Customers
|
1 year KIBOR*+6%
|
|
New to Bank Customers
|
1 year KIBOR*+7%
|
*KIBOR One Year (Ask Side) prevailing on the last working day of the month prior to the booking,
Fixed Mark-up rates
|
Relationship
|
1-3 Years
|
4-7 Years
|
|
Existing
|
18%
|
19%
|
|
New to Bank
|
19%
|
20%
|
Eligibility Criteria:
|
Salaried Customers
|
Self - Employed Professionals
|
|
Age Criteria: 21-60
|
Age Criteria: 21-65
|
|
Job Status: Permanent only
|
Job Status: NA
|
|
Salary Income: Rs 35,000 per month
|
Salary Income: Rs 50,000 per month
|
|
Length of Employment: Min 03 months
|
Length of Business: 2 years
|
|
DBR: Max 40%
|
DBR: Max 40%
|
Category Wise Requirement
|
Salaried Customers
|
Self - Employed Professionals
|
|
Two recent photographs
|
Two recent photographs
|
|
Copy of CNIC
|
Copy of CNIC
|
|
Employment Proof
|
Acceptable proof of business
|
|
Experience Letter
|
Bank statement of last 1 year
|
|
Bank statement of last 1 year
|
Registered or unregistered Partnership Deed
|
click here to Apply Now
click here for Frequently Ask Question (FAQ)