Car finance · UBL
Today’s UBL car-financing rate, its terms, and the monthly installment for every locally assembled car.
UBL Drive is a conventional car loan: markup is charged on the reducing balance and insurance is paid separately to the bank’s panel insurer.
3-year rate today
16.54%
1-year KIBOR + 4.00%
Installment calculator
Choose a car, tenure and down payment. SBP limits are applied automatically.
1Choose a car
2Variant
3Tenure
Up to 3 years for this carSBP limits cars above 1000cc to 3 years.
4Down payment
51% · Rs 3,110,490The minimum is 51%, not 30%. Banks can lend at most Rs 3,000,000 per person (SBP), so the rest of the Rs 6,099,000 price is paid upfront.
Every eligible car
Entry variant at its minimum down payment and the longest tenure allowed, cheapest first.
| Car | Entry price | Down payment | Tenure | Monthly |
|---|---|---|---|---|
| Suzuki EveryVXR | Rs 2,965,200 | 30%Rs 889,560 | 60 months | Rs 51,073 |
| Suzuki AltoVXR Upgraded | Rs 2,994,861 | 30%Rs 898,458 | 60 months | Rs 51,584 |
| Suzuki CultusVXR | Rs 4,089,490 | 30%Rs 1,226,847 | 60 months | Rs 70,438 |
| Changan KarvaanPower Comfort | Rs 3,149,000 | 30%Rs 944,700 | 36 months | Rs 78,086 |
| Chery Tiggo 9Premium PHEV AWD | Rs 14,299,000 | 80%Rs 11,439,200 | 36 months | Rs 101,306 |
| Tank 500HEV | Rs 20,500,000 | 86%Rs 17,630,000 | 36 months | Rs 101,667 |
| Hyundai Santa FeSmart | Rs 13,258,000 | 78%Rs 10,341,240 | 36 months | Rs 103,324 |
| Jetour DashingDeluxe | Rs 7,899,000 | 63%Rs 4,976,370 | 36 months | Rs 103,532 |
| Kia Sportage LFWD HEV | Rs 12,199,000 | 76%Rs 9,271,240 | 36 months | Rs 103,714 |
| Hyundai TucsonHybrid Smart | Rs 12,202,000 | 76%Rs 9,273,520 | 36 months | Rs 103,739 |
| Changan Alsvin1.3L MT Comfort | Rs 4,189,000 | 30%Rs 1,256,700 | 36 months | Rs 103,874 |
| Jaecoo J7Premium | Rs 10,499,000 | 72%Rs 7,559,280 | 36 months | Rs 104,137 |
| Deepal L07EV | Rs 13,999,000 | 79%Rs 11,059,210 | 36 months | Rs 104,140 |
| Jetour T2i-DM | Rs 12,795,000 | 77%Rs 9,852,150 | 36 months | Rs 104,248 |
| Honda HR-VVTi | Rs 7,549,000 | 61%Rs 4,604,890 | 36 months | Rs 104,293 |
| MG HSHybrid+ | Rs 9,499,000 | 69%Rs 6,554,310 | 36 months | Rs 104,313 |
| Haval H61.5-T | Rs 8,923,986 | 67%Rs 5,979,071 | 36 months | Rs 104,321 |
| Jaecoo J5Comfort | Rs 6,699,000 | 56%Rs 3,751,440 | 36 months | Rs 104,415 |
| Honda BR-Vi-VTEC S | Rs 6,429,000 | 54%Rs 3,471,660 | 36 months | Rs 104,761 |
| Peugeot 2008Active | Rs 5,799,000 | 49%Rs 2,841,510 | 36 months | Rs 104,767 |
| Toyota HiluxE | Rs 11,379,000 | 74%Rs 8,420,460 | 36 months | Rs 104,804 |
| Haval Jolion1.5-T | Rs 7,796,104 | 62%Rs 4,833,584 | 36 months | Rs 104,945 |
| Changan Oshan X7Comfort | Rs 8,474,000 | 65%Rs 5,508,100 | 36 months | Rs 105,065 |
| Toyota Corolla Cross1.8 | Rs 7,235,000 | 59%Rs 4,268,650 | 36 months | Rs 105,081 |
| Hyundai Elantra1.6 Special Edition | Rs 6,449,000 | 54%Rs 3,482,460 | 36 months | Rs 105,087 |
| MG ZSVibe | Rs 6,599,000 | 55%Rs 3,629,450 | 36 months | Rs 105,194 |
| Honda CivicStandard | Rs 8,499,000 | 65%Rs 5,524,350 | 36 months | Rs 105,375 |
| Toyota YarisGLI MT 1.3 | Rs 4,649,000 | 36%Rs 1,673,640 | 36 months | Rs 105,400 |
| Honda City1.2L CVT | Rs 4,737,000 | 37%Rs 1,752,690 | 36 months | Rs 105,717 |
| Toyota Fortuner2.7 G | Rs 12,435,000 | 76%Rs 9,450,600 | 36 months | Rs 105,720 |
| Jetour X70 PlusDeluxe | Rs 8,299,000 | 64%Rs 5,311,360 | 36 months | Rs 105,835 |
| Suzuki SwiftGL Manual | Rs 4,460,160 | 33%Rs 1,471,853 | 36 months | Rs 105,858 |
| Toyota CorollaAltis X Manual 1.6 | Rs 6,099,000 | 51%Rs 3,110,490 | 36 months | Rs 105,866 |
| Chery Tiggo 8Premium PHEV 4WD | Rs 11,499,000 | 74%Rs 8,509,260 | 36 months | Rs 105,909 |
| Hyundai Sonata2.0 | Rs 10,330,000 | 71%Rs 7,334,300 | 36 months | Rs 106,120 |
| Isuzu D-MaxHi-Spark S/C M/T | Rs 8,100,000 | 63%Rs 5,103,000 | 36 months | Rs 106,166 |
| Kia StonicEX+ | Rs 5,999,000 | 50%Rs 2,999,500 | 36 months | Rs 106,255 |
| Chery Tiggo 7Premium PHEV FWD | Rs 9,999,000 | 70%Rs 6,999,300 | 36 months | Rs 106,262 |
| Deepal S05REEV Premium | Rs 9,999,000 | 70%Rs 6,999,300 | 36 months | Rs 106,262 |
| Deepal S07EV | Rs 14,999,000 | 80%Rs 11,999,200 | 36 months | Rs 106,266 |
Terms
Rate today (3 years)
16.54%
1-year KIBOR + 4.00%
Tenure
1–5 years
Cars above 1000cc: 3 years maximum (SBP).
Financing limit
Rs 3,000,000
Per person across all banks (SBP).
Processing fee
Per schedule
As per UBL schedule of charges
Guide
UBL prices the loan at 1-year KIBOR plus a spread: 4.00% up to 5 years. With KIBOR at 12.54%, that is 16.54%. The rate resets when KIBOR moves, so the installment can change over the loan. Other published options: Existing UBL customers (floating) KIBOR + 3.50%; Fixed — new to bank 17.00%; Fixed — existing customers 16.50%.
UBL follows the State Bank rules: at least 30% down, and no more than Rs 3,000,000 financed per person across all banks. On any car above Rs 4,285,714 the minimum down payment rises — the table above shows the exact figure for each car.
Processing: As per UBL schedule of charges. Expect to provide your CNIC, six months of bank statements and salary or business proof. Ask for the key fact statement before signing — it shows the APR, insurance and early-settlement charges. Figures here use the new-to-bank floating rate; existing UBL customers pay 0.5% less. UBL adds 0.5% for any deviation from policy.
FAQ
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1-year KIBOR 12.54% (1 October 2026). Figures are indicative — the bank confirms the final rate, insurance and fees in its key fact statement. Prices are ex-factory; banks finance the invoice price, which may include freight. Bank names and logos belong to their owners and are shown only to identify each bank; Watan Motors is not affiliated with any bank.
