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

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
 

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