FAQs

What is Smart Cash Loan?

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

For what purpose can I borrow?

It can be for business purpose or for any personal use

Against which UBL Mutual Funds schemes can I borrow?

Refer to question # 4

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

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, Finance against imported merchandize (FIM) & FTR facility
  • For Personal needs 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 3 years.

What is the minimum amount that I can borrow?

  • For Business: PKR 1 million
  • For salaried / Self Employed: PKR 100,000

Who can apply for loan?

  • Business Purpose: 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.

Can I avail multiple loans?

Yes, you can apply for multiple loan

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

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

What are the requirements for applying a loan?

For Business Propose

  • Audited Financial Requirement
  • CNIC
  • Minimum experience required 3 years

Salaried Individual

  • 6 Month Bank Statements
  • Minimum experience required 2 years (permanent job)
  • Age limit: 21 to 60
  • CNIC
  • Latest Salary Slip
  • Copy of the latest paid bill received at the residential address

Self – Employed

  • CNIC
  • Age limit: 21 to 60
  • Minimum experience required 2 years (permanent job)
  • 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.

What are the process charges?

Non-refundable processing charges fee for Funded & Non-funded facilities are,

What are the pricing for Business & Consumer loan facilities?

Pricing on Business & Consumer are,