🏦 United Bank Limited — Pakistan
UBL Car Loan Calculator 2025
Calculate UBL Drive monthly installment — conventional & Islamic (UBL Ameen) car financing
✓ Fixed & Variable Rates
✓ Up to PKR 5 Million
✓ 1–5 Years Tenure
✓ UBL Ameen Islamic
✓ Free Tracker
UBL Drive
Conventional Car Loan
UBL Ameen Drive
Islamic Car Financing
Simple Calculator
Advanced (Vehicle Price)
⚠️ Non-filers pay an additional 4% Advance Tax on vehicle price. Filer status affects your total cost — factor this in before applying.
🔒 Fixed Rate
📈 Variable (KIBOR)
PKR 200,000 – 5,000,000
Fixed or KIBOR-linked — confirm at branch
Monthly Installment
PKR —
Exclusive of insurance charges
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Total Payable
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Total Markup
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Non-Filer Tax (if applicable)
* Indicative only. Confirm current markup rate at any UBL branch or call 021-111-825-888. Non-filer 4% advance tax applies on vehicle price at disbursement.
UBL Car Loan Calculator Pakistan — UBL Drive & UBL Ameen
This UBL car loan calculator covers both UBL Drive (conventional) and UBL Ameen Drive (Islamic). UBL Drive lets you finance a new or used car with a fixed or KIBOR-linked variable markup rate. UBL Ameen Drive uses Diminishing Musharakah — a Shariah-compliant model where you and UBL jointly own the car, and your ownership grows with each payment.
UBL car financing covers up to PKR 5,000,000 with tenure from 1 to 5 years. Minimum down payment is 30% for standard vehicles (15% for under 1000cc). A free tracker is included with all financed vehicles. Non-tax filers pay an additional 4% advance tax on the vehicle price at disbursement.
Switch between UBL Drive and UBL Ameen Drive tabs above to calculate your installment for either product. Use the Advanced tab to enter vehicle price and down payment for a more precise UBL car loan installment calculation.
UBL Drive vs UBL Ameen Drive
Choose the right UBL car financing product for your needs
🏦 UBL Drive (Conventional)
Rate Type Fixed or KIBOR-Variable
Max Financing PKR 5,000,000
Min Down Payment 15–30%
Tenure 1–5 Years
Insurance Conventional Insurance
Non-Filer Tax +4% on vehicle price
☪ UBL Ameen Drive (Islamic)
Structure Diminishing Musharakah
Max Financing PKR 5,000,000
Min Down Payment 15–30%
Tenure 1–5 Years
Insurance Takaful (Islamic)
Riba (Interest) None — Shariah-compliant
UBL Car Financing — Key Features
What UBL Drive offers Pakistan’s car buyers
Fixed & Variable Rates
Choose fixed rate for payment certainty or KIBOR-linked variable for potential savings
Up to PKR 5 Million
Finance up to PKR 5,000,000 per vehicle — one of Pakistan’s highest car loan limits
Free Tracker Included
All UBL financed vehicles come with a free GPS tracker for added security
New & Used Cars
Finance new, used locally assembled, and imported vehicles under UBL Drive
Islamic Option Available
UBL Ameen Drive offers Shariah-compliant car financing for those who want halal finance
5–7 Day Processing
UBL Drive is processed within 5–7 working days after complete document submission
📊 UBL Drive — Rates & Charges
Max Financing PKR 5,000,000
Min Down Payment 15–30% of vehicle value
Tenure 1–5 Years
Rate Options Fixed or KIBOR-Variable
Free Tracker Included
Non-Filer Tax +4% on vehicle price
Early Settlement Charges may apply
✅ Eligibility Criteria
Citizenship Pakistani citizen
Min Age 21 years
Max Age (Salaried) 60 years at maturity
Max Age (Self-Employed) 65 years at maturity
Min Salary (Salaried) PKR 35,000/month
Min Income (Self-Employed) PKR 50,000/month
Processing Time 5–7 working days
🔍 Quick Eligibility Check
Required Documents
👔 Salaried Individuals
Copy of valid CNIC
Latest salary slip
Bank statement (last 3 months)
Employment confirmation letter
Vehicle proforma invoice
4 passport-size photographs
🏢 Self-Employed / Business
Copy of valid CNIC
Proof of business (tax forms, partnership deed)
Bank statement (last 6 months)
Latest tax return / NTN
Vehicle proforma invoice
4 passport-size photographs
Frequently Asked Questions
Common questions about UBL car loan calculator and UBL Drive Pakistan
What is the UBL car loan markup rate in 2025? ▾
UBL Drive offers both fixed and variable rate options. The fixed rate stays the same throughout your tenure — ideal for budgeting. The variable rate is KIBOR-linked and can go up or down annually. Current rates vary by customer profile and vehicle type. Visit any UBL branch or call 021-111-825-888 to confirm the latest markup rate before applying.
What is UBL Ameen Drive car loan? ▾
UBL Ameen Drive is UBL’s Islamic car financing product based on Diminishing Musharakah. You and UBL jointly own the vehicle at the start. As you make monthly payments, your ownership share increases until you fully own the car at the end of the tenure. No Riba (interest) is charged — it uses a profit rate instead. Takaful (Islamic insurance) is used instead of conventional insurance.
What is the maximum UBL car loan amount in Pakistan? ▾
UBL Drive provides a maximum financing of PKR 5,000,000 (5 million) per vehicle. This is higher than HBL’s conventional limit of PKR 3,000,000 (though HBL’s overall max is PKR 10M). The actual approved amount depends on 70% of vehicle value, your income, and credit history. Minimum financing starts at PKR 200,000.
What is the non-filer tax on UBL car loan? ▾
Non-tax filers pay an additional 4% Advance Tax on the vehicle purchase price at the time of loan disbursement. This is a one-time charge — not added to your monthly installment. For example, on a PKR 3,000,000 car, a non-filer pays PKR 120,000 extra. Filing your taxes before applying can save you this cost.
Can I use the UBL car loan calculator for used cars? ▾
Yes. This UBL car financing calculator works for both new and used locally assembled vehicles. UBL provides financing for cars up to 5 years old, though the markup rate may be slightly higher for used vehicles. Use the Advanced tab, select your vehicle price, and choose the appropriate down payment percentage.
What is the minimum salary for UBL car loan? ▾
For salaried individuals, the minimum net monthly income is PKR 35,000. For self-employed or business persons, the minimum is PKR 50,000 per month. Your monthly installment should ideally not exceed 40–50% of your net income. Use the eligibility checker above to estimate your maximum loan amount.
Does UBL include a free tracker with car financing? ▾
Yes. UBL Drive includes a free GPS tracker with every financed vehicle. This is a standard feature for both new and used cars under the UBL car loan scheme — you do not pay extra for it. The tracker adds security and is also required by UBL as part of the financing agreement.
UBL Drive vs HBL car loan — which is better? ▾
UBL Drive offers a higher max limit (PKR 5M vs HBL’s PKR 3M conventional) and a choice of fixed or variable rate. HBL CarLoan has a fixed rate of 13.99% p.a. — more predictable. UBL’s variable rate can be cheaper if KIBOR drops. UBL also includes a free tracker. For Islamic financing, both HBL (Car Ijarah) and UBL (Ameen Drive) offer Shariah-compliant options. Use both calculators to compare your specific scenario.
Ready to apply for UBL Car Financing?
Calculate your installment above, then apply online or at any UBL branch across Pakistan