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UBL Car Loan Calculator (UBL Drive)

Most UBL car loan calculators stop at the monthly instalment. This one also shows what UBL Drive's early termination charge actually costs — and the one detail almost every other calculator gets wrong: it isn't a flat penalty, it drops the longer you've held the loan.

Loan Details

Please enter a valid car price.
UBL Drive finances up to 70% of a vehicle's value, so minimum down payment is 30%.
Down payment must be at least 30% of car price (UBL's max financing is 70%).
Max tenure depends on engine size — up to 1000cc goes to 5 years; above 1000cc caps at 3 years.
Existing UBL customers get a lower markup margin over KIBOR.
Prefilled from SBP's official 1-Year KIBOR offer rate, 20 Aug 2026 (sbp.org.pk). KIBOR moves — check the current rate before applying and edit this field.
KIBOR + margin —
Margin is fixed by UBL per tenure bracket and customer type: existing customers get +4.25% (1–3 yrs) or +4.75% (4–5 yrs); new-to-bank get +4.75% (1–3 yrs) or +5.25% (4–5 yrs). An additional 1% may apply for cases with a deviation from standard policy — not included here.
UBL doesn't publish a fixed insurance rate for UBL Drive — it's set by the insurance/Takaful company you're quoted. Leave at 0 to exclude insurance from the total, or enter your actual quoted rate.

Showing a Rs. 3,500,000 car as an example — edit the fields above and it updates instantly.

True Total Cost — Not Just the Monthly Number

Total Cost of Ownership (full loan life)
—
Monthly Instalment—
Down Payment—
Amount Financed—
Total Markup Paid (over tenure)—
Est. Insurance/Takaful (1st year)—
UBL Processing Fee (one-time, SOC-verified)—

⚡ The Detail Every Other Calculator Misses: Exit Charges Get Cheaper Over Time

Most car loan calculators either skip early settlement entirely or show a flat penalty. UBL Drive doesn't work that way — the early termination charge is a declining scale tied to which year of the loan you're in, applied to your outstanding principal at that point.

Years into loanCharge on outstanding principal
Years 1–38%
Years 4–56%
Years 6–74%
Outstanding Balance at that point—
Early Termination Charge—
Total to Close the Loan
—

No personal or financial account information is required. This tool runs entirely in your browser.

Fee Data & Sources

Down payment/financing limit, tenure by engine size, markup margins by customer type and tenure, processing fees, and early termination charges are taken directly from UBL's official Schedule of Bank Charges, effective 1 July – 31 December 2026, Consumer Banking Section C (UBL Drive/Car Financing).

The 1-Year KIBOR default (12.16%) is the offer rate published by the State Bank of Pakistan for 20 August 2026 (sbp.org.pk/ecodata/kibor_index.asp). KIBOR changes daily — always check the current rate before relying on this calculator.

Insurance/Takaful rate is not published by UBL for UBL Drive; it's set by the insurance/Takaful company on a case-by-case basis, so no default is assumed here.

The Rs 3,000,000 aggregate auto-financing cap is a State Bank of Pakistan regulatory ceiling (not a UBL-specific policy) — the maximum total auto financing one individual can hold across all banks combined, from SBP's Prudential Regulations for Consumer Financing (amended via BPRD Circular Letter No. 29, 23 September 2021), independently confirmed as still current by SBP-sourced industry reporting as of August 2026.

Last verified: August 23, 2026. Bank charges and rates change — always confirm with UBL directly before making a financial decision.

Independent estimate — not an official UBL calculator. PakFinHub is not affiliated with United Bank Limited.

Financing a home instead of a car? Try the UBL Home Loan Calculator. Want to see how UBL stacks up against other banks? Compare UBL, HBL, MCB & Bank AL Habib side by side.