United Bank Limited (UBL) has introduced a new auto financing scheme under its UBL Drive program, offering customers flexible payment plans for various Changan Alsvin models. The financing option comes with a fixed markup rate of 14.5%, with monthly installments ranging from Rs. 98,764 to Rs. 102,863, depending on the variant.
The Changan Alsvin lineup, priced from Rs. 4,099,000, requires a down payment between Rs. 1,229,700 and Rs. 1,910,610. The financing covers multiple variants, including the 1.3L MT Comfort, 1.5L DCT Comfort, 1.5L DCT Lumiere, and Alsvin Black Edition.
Key features of the UBL Drive scheme include:
✅ Residual value option (up to 50% deferred to the end of the term)
✅ Tenure of up to 5 years with fixed monthly payments
✅ Fast processing with minimal documentation
✅ Digital application via UBL Digital App
The residual value component helps reduce monthly payments, making car ownership more affordable. Prospective buyers are advised to confirm terms, eligibility, and vehicle availability with UBL Drive or authorized Changan dealerships, as conditions may vary. This initiative aims to make premium car ownership accessible to a broader customer base in Pakistan.
Also read: UBL launches easy installment plans for Suzuki Swift and Toyota Yaris
