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

    1. Financing available for all New & used(Local), and Imported Cars

    2. Minimum Down Payment (20%)

    3. Maximum financing till Rs 5.00 Million

    4. Financing period is 1-5 years

    5. Choice of reputable insurance companies at competitive rates.

    6. Quick processing and minimal documentation

Required Documents

  • Salaried Customers
    Self Employed Professional/Business
  • 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 Professional/Business
  • 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%