Roshan Digital Account holders can now easily apply for Roshan Apni Car for their loved
ones on lowest Profit and Takaful rates.
Features & Benefits:
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Exclusive rates for UBL Roshan Digital Account holders
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Financing tenure of up to 7 years*
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Maximum financing amount up to PKR 8 Million
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Financing available for new and used cars
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Financing available on floating rates pricing:
- For Non Lien based segment: 12 Month’s Kibor + 1%
- For Lien based segment: SBP Floor Rate + 1%
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Down payment: Minimum 15% of the cost of vehicle
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Selection of reputable Takaful companies at competitive rates and
value added services
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Facility for lien/ pledge of equivalent amount of financing in Roshan
Digital Account or investment in Islamic/ Conventional Naya Pakistan Certificate
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Repricing on annual basis
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Islamic auto financing is based on Diminishing Musharakah contract and
installment payment starts after the delivery of vehicle
To apply online, login to UBL Netbanking and click on NRP services.
*For Lien based financing, the tenor may vary as per the validity of the instrument.
Click here for Roshan Apni Car’s FAQs.
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Auto financing facility is based on a Diminishing Musharakah contract.
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Under Diminishing Musharakah, you participate in joint ownership of the vehicle with the Bank.
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Rental Payment starts after delivery of vehicle
Eligibility Criteria
| Age Limits
|
Income
|
Tenure
|
| 22 years at the time of financing
|
Salaried (Permanent) Rs. 150,000
|
2 Years as Salaried Person Minimum
|
| For Salaried 60 years at the time of maturity
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SEB / SEP Rs. 150,000
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3 Years as SEB/SEP Minimum
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| 22 years at the time of financing
|
|
|
| For SEB/SEP 65 years at the time of maturity
|
|
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Category Wise Documentation
| Salaried Customers
|
Self Employed Customers
|
| CNIC Required (Front and Back)
|
CNIC Required (Front and Back)
|
| Resident Card Required as an NRP Proof (Front and Back)
|
Resident Card Required as an NRP Proof (Front and Back)
|
| Pakistani passport or foreign passport
|
Pakistani passport or foreign passport
|
| Visa Copy / Iqama
|
Visa Copy / Iqama
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| Live Selfie Picture is Required
|
Live Selfie Picture is Required
|
| Source of Income Proof is Required (Last 3 Month Salary Slips)
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Source of Income Proof is Required (Attested)
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| 6 Months’ Salaried Bank Statement
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6 Months’ Business Bank Statement (Attested)
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| Origin country Credit Bureau Report Required.
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3 Year Tax Documents (Attested)
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| Nominee CNIC Required (Front and Back)
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Origin country Credit Bureau Report Required.
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| Nominee Details Required. (Contact # & Address)
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Nominee CNIC Required (Front and Back)
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| Nominee Picture required.
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Nominee Details Required. (Contact # & Address)
|
| Nominee CNIC Required (Front and Back)
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Nominee CNIC Required (Front and Back)
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Note: All the attestation will be required from “Consulate General of Pakistan” of origin country.
Pricing
Floating Pricing (KIBOR Linked)
| Lien Based
|
Non-Lien
|
| 1Y KIBOR
|
1Y KIBOR + 1 %
|
*Re-priced annually, based on KIBOR One Year (Ask Side) Prevailing on last working day of the month prior to anniversary
Nominee Eligible
Parents, Siblings, Spouse & Adult Children