home   | about us   | retail  | corporate  | investment   | treasury   | overseas

  retail
  UBL drive
  Wish to Apply
  faqs
 
 
 
 
 
 
 
 
 UBL Drive IMC Alliance
     
Mark Up: Fixed Rate and Floating Rate (Consult your nearest UBL Branch or IMC Dealership for updated rates)

Minimum Equity: 20%

Tenure of Finance: Min. 1 Year & Max 5 Years

Processing Fee: Rs.4000/- + FED

Insurance Rates: Competitive Insurance Rates. (Consult your nearest UBL Branch or IMC Dealership for updated rates)

Priority Delivery: Fast Track Delivery
     
 
 UBL Drive - Pak Suzuki Auto Finance Arrangement Program
     
Mark Up: Fixed Rate and Floating Rate (Consult your nearest UBL Branch or Pak Suzuki Dealership for updated rates)

Minimum Equity: 20%

Tenure of Finance: Min. 1 Year & Max 5 Years

Processing Fee: Rs.3000/- + FED

Insurance Rates: Competitive Insurance Rates. (Consult your nearest UBL Branch or Pak Suzuki Dealership for updated rates)

Priority Delivery: Fast Track Delivery
     
   UBL Drive (Standard Product)  
     
 
UBL Drive is a unique auto financing product which offers you features, options and flexibility unmatched by any other bank, because at UBL, You come first. Both Fixed and Floating rates are offered to our customers. Floating rate is linked with the KIBOR.  
   
New Car Financing  
   
UBL Drive allows you to drive away in your own car by making a down payment of minimum 20% and to top that with low monthly installments.

Pricing Plan (Fixed Rate)

Tenure                 1 to 2 years                   3 to 4 years                          5 years
Rate                     19% - 20%               19.5% - 20.50%                  20% - 21%


Pricing Plan (Floating Rate)

1 year Kibor + 4.5% to 5.5%
* Floating rate is revised annually.


  
Used Car Financing  
   
With UBL Drive you can buy your favorite used car (up to 5 years old) at the most affordable rates.

Pricing Plan (Fixed Rate)

Tenure                   1 to 2 years                     3 to 4 years                     5 years
Rate                        20% - 21%                  20.5% - 21.50%            21% - 22%

Pricing Plan (Floating Rate)

1 year Kibor + 5.5% to 6.5%
* Floating rate is revised annually.
 
Car Replacement Plan  
   
Drive’s Car Replacement Plan is the slogan name for a premier auto financing product. Customers who intend to avail loan facility from UBL Drive under this variant can readily have their existing cars replaced after a year of financing.  
   
Product Features  
   
Free Tracking Device
  Option will be provided to the customers on affordable rates. this will be done in collaboration with the insurance companies on our panel.
Zero Pre-Payment Penalty
  No penalty will be charged from the customer if the loan is been paid off after a year.
Payment Holidays
  A unique concept whereby which payment breaks will be given to the customers on occasions such as Eid etc. Payment Holidays will be given once a year to the customers.
Payment Flexibility
  Whereby which the customer will be provided the flexibility to change the loan tenor, opt for partial payment of the outstanding principal amount.
 
   
Insurance Options  
   
UBL Drive offers you the following insurance options:  
   
Comprehensive insurance
Insurance financing for the first year
Discounted rates with free tracking device
   
Processing Charge  
   
Processing charges as per Schedule of Charges.  
   
Contact Us  
   
For more information, call us at 111-825-888 or visit our Web site at www.ubl.com.pk.
   
   
 
disclaimer | careers | media center | bank charges | forms | locations | contact us | sitemap  
All Rights Reserved. United Bank Limited 2010