UBL Drive
Consumer Loans
With UBL Bank competitive car loan, we provide the best possible financing solution to make your dream car a reality.

UBL Drive

Are you looking for easy financing to buy a car?

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!

Features
  • Loan available on flexible and fixed rates
  • Up to 80% financing
  • Installments spread up to a period of 7 years

Floating Mark-up rates

Existing Customers 1 year KIBOR*+6%
New to Bank Customers 1 year KIBOR*+7%

Fixed Mark-up rates

Relationship 1-3 Years 4-7 Years
Existing 15% 16%
New to Bank 16% 17%

*KIBOR One Year (Ask Side) prevailing on the last working day of the month prior to the booking,

Product Benefits and Features

  • Financing available for all New & used(Local), and Imported Cars
  • Minimum Down Payment (20%)
  • Maximum financing till Rs 5.00 Million
  • Financing period is 1-5 years
  • Choice of reputable insurance companies at competitive rates.
  • Quick processing and minimal documentation

Required Documents

Salaried Customers Self - Employed Professionals
Two recent photographs Two recent photographs
Copy of Computerized National Identity Card Copy of Computerized National Identity Card
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

UBL Drive Eligibility

Salaried Customers Self - Employed Professionals
Age Criteria: 21-60 Age Criteria: 22-65
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 06 months Length of Business: 2 years
DBR: Max 50% DBR: Max 50%
 

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