UBL Launches Easy Car Financing Scheme for Suzuki Swift Models Under ‘UBL Drive
Karachi:United Bank Limited (UBL) has introduced a new auto financing offer under its “UBL Drive” scheme, enabling customers to purchase various Suzuki Swift models through affordable monthly installments. This new facility is designed to make car ownership more accessible for consumers looking for flexible financing options.
The offer includes three models of the Suzuki Swift, each with different down payments, monthly installments, and end-of-term balloon payments. The fixed interest rate for all models is set at 14.5%.
### Details of the Financing Plans:
**1. Suzuki Swift GL Manual**
* **Total Price:** PKR 4,336,000
* **Down Payment:** PKR 1,344,000
* **Financed Amount:** PKR 2,991,840
* **Monthly Installment:** PKR 102,982
* **Balloon Payment at End:** PKR 69,567
**2. Suzuki Swift GL CVT (Automatic)**
* **Total Price:** PKR 4,560,000
* **Down Payment:** PKR 1,596,000
* **Financed Amount:** PKR 2,964,000
* **Monthly Installment:** PKR 102,023
* **Balloon Payment at End:** PKR 68,919
**3. Suzuki Swift GLX CVT (Top Model)**
* **Total Price:** PKR 4,719,000
* **Down Payment:** PKR 1,746,030
* **Financed Amount:** PKR 2,972,970
* **Monthly Installment:** PKR 102,332
* **Balloon Payment at End:** PKR 69,128
This financing scheme is particularly beneficial for customers seeking to drive a brand-new vehicle with low monthly payments. Ownership of the vehicle is finalized with the completion of the balloon payment at the end of the term.
Customers interested in the offer can visit their nearest UBL branch or the bank’s official website for more details on eligibility criteria, documentation requirements, and application procedures.
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