United Bank Limited (UBL) has launched a new car financing package under its UBL Drive program, making the popular Suzuki Swift lineup more accessible for buyers. The plan introduces a residual value (RV) payment structure designed to cut upfront costs and ease monthly installments, offering a more affordable path to car ownership.
All Swift Variants Covered
The offer applies to all three Suzuki Swift trims currently sold in Pakistan:
Swift GL Manual
Swift GL CVT
Swift GLX CVT
Prices for the models range from Rs. 4.46 million to Rs. 4.76 million, with financing amounts of up to Rs. 3 million depending on the chosen variant. Buyers can get started with an equity contribution starting at roughly Rs. 1.47 million.
Installments Made More Manageable
UBL’s plan allows customers to choose between standard and RV-based installments:
- Standard monthly installments: Rs. 102,860 – Rs. 103,356
- RV-based installments: Starting at Rs. 69,485
The residual value option lets customers enjoy lower monthly payments, with the choice to pay off the remaining balance and fully own the car at the end of the financing term.
Key Terms of the Deal
- 50% Residual Value financing to reduce monthly costs
- Fixed markup rates for predictable budgeting
- Quick application processing through UBL Drive
- Limited-time availability at selected UBL branches
As with most financing products, this offer is subject to credit approval and may be adjusted based on future changes in Suzuki’s pricing or UBL’s lending policies.
This move comes as car sales in Pakistan remain under pressure due to inflation and higher interest rates, with many buyers turning to financing plans like UBL’s to make new vehicles more affordable.
