UBL (United Bank Limited) is one of Pakistan's largest banks and offers a full range of consumer financing — a personal loan, car financing, home financing and Shariah-compliant alternatives through UBL Ameen. This guide covers UBL's main loan products, their 2026 markup rates, eligibility and how the cost compares with the wider market.
UBL CashPlus personal loan
UBL CashPlus is the bank's unsecured personal loan for salaried customers. In 2026 the markup rate ranges from about 21% to 28% per year, with financing of up to PKR 3 million and a maximum tenor of 4 years. Eligibility typically requires a minimum monthly income of around PKR 20,000–40,000. Because it is unsecured, the rate is higher than secured products like car or home financing — use it for genuine short-to-medium term needs, not long-term borrowing.
UBL Drive car / auto loan
UBL Drive finances new and used vehicles. The markup is usually floating at 1-Year KIBOR + 4.25% to 5.25%, which works out to roughly 10%–13% per year at 2026 KIBOR levels. The down payment is typically 15%–30% of the vehicle price, and the tenor runs 5 to 7 years depending on engine capacity. Because the rate is floating, your instalment can move when KIBOR changes.
UBL Address home loan
UBL Address is the bank's home financing product, priced at around 1-Year KIBOR + 3.0% to 4.0% — the lowest markup band among UBL's consumer loans because it is secured against the property. Borrowers may also qualify for the subsidised Wazir-e-Azam Apna Ghar scheme, which offers financing of up to PKR 10 million on government-supported terms for eligible first-home buyers.
UBL Ameen: Shariah-compliant options
For customers who prefer Islamic financing, UBL Ameen offers UBL Ameen Drive for cars and UBL Ameen Address for homes. These use Islamic structures (such as Diminishing Musharakah) instead of conventional interest, so the cost is expressed as a profit rate rather than markup, but the practical monthly instalment is comparable to the conventional products.
How UBL's rates compare in 2026
All Pakistani bank lending tracks the State Bank of Pakistan (SBP) policy rate, which is 11.50% in 2026, and KIBOR, currently around 11.6%–12.4%. Secured products (car, home) priced at KIBOR + a small margin land in the low-to-mid teens, while unsecured personal loans such as CashPlus sit at 21%–28%. Across the market, personal loan markups typically range from about 18% to 35%, so UBL's CashPlus is mid-range. Always compare the total cost — markup plus processing fee and insurance — not just the headline rate.
Eligibility and how to apply
UBL consumer loans are aimed at salaried individuals (and, for some products, self-employed and business owners) who meet the minimum income threshold and age criteria, with a clean credit record at the State Bank's eCIB. You apply at a UBL branch or through the bank's digital channels with your CNIC, salary slips or bank statements, and proof of address. Check your eCIB report before applying, since a poor repayment history is the most common reason for rejection.