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
|
-
-
*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% |