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Ciphering through the various loan definitions available to you when searching for new or used car financing takes a little time, but it is worth it. By choosing the right kind of loan, you can get the most favorable interest rate and loan terms for your situation.
Prime Rate LoanIf you qualify for this type of auto loan, you have outstanding credit and are able to secure a loan with the low advertised rate. With this loan, you enjoy the most favorable terms.
Sub-Prime LoanThis is a loan geared for borrowers with spotty credit or a bankruptcy in their past. It will come with a higher interest rate to compensate for the risk involved to the lender.
Student Auto LoanDesigned specifically for college-aged students, this loan is less difficult to obtain, but it comes with higher interest rates because of the poor or absent credit rating among most students.
100% Financing LoanThis loan lends you the full price of the automobile you are purchasing without the need of a down payment. It comes with higher risk, so the interest rate will be higher.
Military Auto LoanMembers of the armed forces are eligible to receive a military car loan, typically a type that comes with a reduced interest rate and better terms for the borrower.
There are numerous types of car loans, each of which has its own definition. However, they all share common elements including the principal amount borrowed, an interest rate and a period of time you have to pay it back.

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Meezan Bank's Remittance services are simple and reliable. They are available at your doorstep through a wide and efficient network of corresponding banks worldwide. Only the leading global financial institutions form this network of correspondent banks.

Advantages of Meezan Home Remittance:Quick Remittance in major currencies i.e USD, GBP, EUR, JPY, CHF, SGD, AUDEasy Guidelines for Money Transfer
If you wish to remit money to Pakistan, simply give instructions to your existing bank for money transfer by providing the name of your preferred Meezan Bank branch and beneficiary account number.
 
 Personal and Home Loans... Standard Chartered Pakistan Best Suited for Standard Chartered Home Loans gives you the unique feature of reducing your principal balance through partial and full pre-payments. We will disburse your loan within 15 days, provided that all the relevant documents are submitted on time.
Features Loan to value up to 60% of the property value.
Repayment tenor of 1 to 20 years in monthly installments.
To avail higher loan amount Standard Chartered Home Loans offers you the option of Clubbing the income of your spouse and blood relatives.
Financing of Up to PKR 30 Million
Markup rates for Mortgage Loan for Salaried is 1 year Kibor + up to 5% Margin
Eligibility Minimum Net Income as low as PKR 30,000 per month
Minimum age of the primary borrower should be >=25 years. In case of co-borrower the secondary borrower should be either >=21 if income is being clubbed or >= 18 if income is not being clubbed
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Best Suited for Standard Chartered Home Loans gives you the unique feature of reducing you principal balance through partial and full pre-payments. This allows you to reduce your overall mark-up costs as and when you have access to additional funds.
Features Loan to value maximum of up to 60% of the property value
Repayment tenor ranging from 1 to 10 years in monthly installments
Loan amount of up to PKR 3,000,000 to fulfill your requirements
To avail higher loan amount Standard Chartered Home Loans offers you the option of clubbing the income of your spouse and blood relatives
Markup rates for Mortgage Loan for Salaried is 1 year Kibor + up to 5% Margin
Eligibility Minimum Net Income as low as Rs. 20,000 per month
Age of the primary borrower should be >=25 years and <=65 or retirement age at the time of maturity of the loan.
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Best Suited for Swift Finance is an efficient, accessible and convenient way of meeting all your short-term liquidity needs.
Features Financing up to 85% of your collateral amount.
Avail facilities at the most competitive rates in the market.
Markup charged only on the amount utilized and only for the number of days it is utilized.
Get your financing amount disbursed into your account in 7 working days.
Eligibility -
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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