UBL Bank Car Finance

UBL Bank offers UBL Ameen Drive and UBL Drive programs for car finance with the following benefits.

Features and Benefits

Choice of Vehicle

Any locally assembled/manufactured car – new & used

Processing Fee

After approval of the financing case

Financing Period

1-7 years (up to 1000 CC vehicles), 1 – 5 Years (above 1000 CC vehicles)

Quick Processing

Quick processing and minimal documentation

Debt Burden Ratio-DBR

Maximum allowed 50% (up to 1000 CC vehicles), Maximum allowed 40% (above 1000 CC vehicles)

Minimum down payment

30% for all vehicles

Minimum Customer Share

15% - 30% (New vehicle), 20% - 30% (Used vehicle)

Car Replacement Program

Zero charges on the car replacement program

Car Loan Calculator

New Car
Used Car

United Bank Limited (UBL) is the market leader in banking and financial services. With more than 4 million clients, the Bank has Pakistan's largest network of more than 40,000 customer touchpoints, including more than 1,400 branches, more than 37,000 Omni Agents, and more than 1,400 ATMs. There are UBL offices on four continents. The Bank, with its UBL Omni platform, is a pioneer in branchless banking. Through UBL's top-notch Internet Banking, customers may access the bank around-the-clock from anywhere in the world. At the 2017 Pakistan Banking Awards, UBL was named "Best Bank for Corporate Finance & Capital Market Development" in Pakistan. UBL is at the forefront of the financial services and banking industry in Pakistan with a credit rating of AA+/A-1+ and a client base of more than 5 million. The bank offers a wide range of services and products to meet all financial needs.

Required Documents

2 recent photographs
Copy of CNIC
Employment Proof/Acceptable proof of business
For salaried person: Experience Letter
Bank statement of last 1 year

Eligibility

For Salaried Person Age: 21-60
Job Status: Permanent only
Salary Income: PKR 35,000 per month
Length of Employment: Min 3 months
For Self-Employed Businessmen (SEB)/Self-Employed Professionals (SEP): Age: 21-70
Salary Income: PKR 50,000/- per month
Length of Business: 1-year

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