UBL SmartCash Loan
SME Products and Services
UBL Smart Cash offers you easy access to cash as you can get up to 85% cash against your investments / savings in UBL Mutual Funds. Smart Cash provides you a financial solution with flexibility.

UBL Smart Cash Loan

Summary

UBL Smart Cash offers you easy access to cash as you can get up to 80% cash against your investments / savings in UBL Mutual Funds. Smart Cash provides you a financial solution with flexibility.

UBL Smart Cash Loan gives you an opportunity for expanding and growing your business, to meet your business working capital requirements and/or financing of business assets while maintaining and growing your investment / savings in selected UBL Mutual Funds.

Salient Features
  • Financing Facility up to 80% of your investment (depend upon mutual funds)
  • Immediate availability of financial solution
  • Competitive Mark-up rates
  • Number of credit facilities including Running Finance, Term Loan, LC & LG
  • Personalized relationship management


Eligibility
  • Experience in respective business
  • Minimum age 21 years and Maximum age 60 years (in case of Proprietor)

Required documents

  • Customer request letter (Loan Application Form)
  • Valid CNIC
  • Latest statement of UBL Mutual Funds

Contact # 0800-55-825

FAQs – Smart Cash Loan

What is Smart Cash Loan?

The product Smart Cash Loan is a loan facility against your investments in UBL Mutual Funds (selected).

For what purpose can I borrow?

It can be for business purpose or for any personal use

How much can I borrow and against what UBL Mutual Funds Schemes?

It depends on the type of investment held. Relationship Manager will brief you updated status.

What are the financing facilities available?

For Business purpose: All type of facilities are available to address your business needs including Running finance facility, term finance, Letter of Credit, LG, FIM & FTR facility For Personal need: You can avail Running finance & / or term finance

What is the maximum period for term finance?

Term finance facility is available from one year upto 5 years.

What is the minimum amount that I can borrow?

  • For Business: Rs. 1 million
  • For salaried / Self Employed: Rs. 100,000/-

Who can apply for loan?

  • For Business: Individual / Proprietorship, Partnership, Private Limited Companies
  • Personal Needs: Permanent salaried employees and self-employed individuals

My investment in UBL Mutual Funds is under joint account can I borrow against it?

Yes, you can borrow against it.

My investment in other Mutual Funds, can I borrow against it?

No

Can I get facility against UBL Mutual Funds issued in favor of other person or entity?

Yes, you can avail loan facility against selected UBL Mutual Funds issued in favor of other person or entity

What are the requirements for applying a loan?

For Business Propose

  • Financial statement
  • Valid CNIC
  • Minimum experience required 2 yearsv

Salaried Individual

  • 6 Month Bank Statements
  • Minimum experience required 6 months (permanent job)
  • Age limit: 21 to 60
  • Valid CNIC
  • Latest Salary Slip
  • Copy of the latest paid bill received at the residential address

Self – Employed

  • Valid CNIC
  • Age limit: 21 to 60
  • Minimum experience required 6 months
  • 6 Month Bank Statements
  • Bank letter for proprietorship
  • Copy of the latest paid bill received at the residential address
  • Financials – Income Estimation duly certified by Chartered Accountant

How can I get loan?

We will forward your request to our relationship management team who will get in touch with you to discuss your requirements.

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