UBL Drive·KIBOR + 4.3%–5.3% (≈16.30–17.30% today)Published by UBL · checked 2026-08-05
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UBL Car Loan Calculator Pakistan 2026
Estimate your UBL Drive monthly instalment, then compare it side by side against every other major bank. SBP tenure rules applied automatically.
📋 Loan details
30% of vehicle price (SBP minimum: 30%)
ℹSBP rule: max tenure 3 years for vehicles above 1000cc.
✓ Your estimate
Monthly installment
PKR 111,993 /mo
Loan amountPKR 3,150,000
Total markup / interestPKR 881,741
Total payablePKR 4,031,741
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Your estimated EMI: PKR 111,993/mo
Amortization schedule
Year-by-year breakdown of principal vs. interest, and your remaining balance.
| Year | Payment | Principal | Interest | Remaining balance |
|---|---|---|---|---|
| 1 | PKR 1,343,914 | PKR 880,468 | PKR 463,445 | PKR 2,269,532 |
| 2 | PKR 1,343,914 | PKR 1,040,325 | PKR 303,588 | PKR 1,229,206 |
| 3 | PKR 1,343,914 | PKR 1,229,206 | PKR 114,708 | PKR 0 |
Compare bank rates
| Bank | Rate | Max tenure | Max financing | Est. monthly |
|---|---|---|---|---|
| Bank AL Habib Apni Carconventional | 14.55–15.55%* | 3 yrs | 70% of vehicle value | PKR 109,273/mo |
| Bank Alfalah Autoconventional | 15.55–16.55% | 3 yrs | PKR 6,000,000 at 15% down; above at 20% down | PKR 110,822/mo |
| HBL Car Loanconventional | 13.99% fixed* | 3 yrs | 70% of value; PKR 200,000–3,000,000 | PKR 107,644/mo |
| UBL Driveconventionalviewing | 16.30–17.30% | 3 yrs | PKR 4,000,000 (70% of value) | PKR 111,993/mo |
| MCB Car4Uconventional | 14.05–15.05%* | 3 yrs | PKR 6,000,000 new / PKR 4,000,000 used (70% of value) | PKR 108,503/mo |
| JS Bank Car Financeconventional | 16% fixed* | 3 yrs | PKR 3M (SBP cap) | PKR 113,092/mo |
🕒 Total markup = 1-year KIBOR (12.05%, SBP, 27 Jul 2026) + that bank's own spread, where applicable. Rates marked * are not published by the bank on its own website and are indicative only. SBP caps total auto financing at PKR 3,000,000 per person across all banks. Always confirm your exact offer with the bank directly.
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How UBL Drive works
UBL Drive is a conventional auto finance product priced at a spread over 1-year KIBOR. The instalment is recalculated when KIBOR is repriced, so the figure you sign is not necessarily the figure you pay throughout.
What to check before applying to UBL
- UBL Drive covers new, used and imported vehicles, each with different maximum financing limits.
- A variable rate suits borrowers who expect the SBP policy rate to fall and who can absorb an increase if it does not.
- Confirm whether early settlement carries a penalty before you sign — this varies by product tier.
Moneylyn is not affiliated with UBL. Rate figures are indicative, verified 2026-08-05, and change with SBP policy revisions and your individual profile. Always confirm current terms directly with the bank before applying.
Compare with other banks
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