Ameen Drive
UBL Ameen
"If you are an individual and wants to avail Sharia compliant car financing on the suitable terms and conditions, UBL Ameen Drive is the right choice for you."

Ameen Drive

"If you are an individual and wants to avail Sharia compliant car financing on the suitable terms and conditions, UBL Ameen Drive is the right choice for you."

What is Ameen Drive?

You can become the sole owner of your desired brand new car with UBL Ameen Drive. The Ameen Drive is based on Diminishing Musharakah which is Islamic mode of financing, where you participate with UBL Ameen in a joint ownership of vehicle and UBL Ameen finance the remaining cost of car. You agree to a monthly payment to the Bank of which one component is rent for use of the vehicle, and the other is for you to increase your ownership of the vehicle. Once you have made the full payment, which has been agreed upon, you become the sole owner with a free and clear title to the vehicle.

Features & Benefits
  • You can avail financing of new, used and imported Cars for personal use.
  • Quick processing with minimum documentation.
  • No processing fee will be charged until approval of financing.
  • First Installment to be paid after delivery of Car.
  • Your Car will be insured with built-in Islamic Insurance for the entire financing tenure. The insurance will be arranged by the bank with reputable Takaful insurance company.
  • Maximum security of your Car will be ensured through tracker installation.
  • 24/7 contact center facility.

You can apply for Ameen Drive if your monthly income is PKR 35,000 (for salaried person) and PKR 50,000 (for business person) keeping in view the installment, rental tenure and age.

Rental Tenure

  • Minimum: 1 Year
  • Maximum: 5 Years

Age

  • Minimum Age: 21 Years
  • Maximum Age: 60 Years (salaried) & 65 Years (Professionals & Businessman)