Laptop & Mobile Financing

Business at your convenience!

U Bank brings for its customers the perfect opportunity to purchase their choice of brand’s mobile phone or laptop on easy installments. Salaried individuals and business owners can easily remain connected in this digital world, by availing U Bank Laptop and Mobile Financing facility, with which customers can buy a laptop or mobile phone without having to pay the full purchase amount upfront, and easily fulfill their business or personal digital requirements.

Salient Features

Loan Facility: PKR 40,000 to PKR 350,000

Loan Tenure: Up to 3 years

Minimum Down Payment: 10%

Available for All Mainstream Brands

Minimal Markup Rates

Equal Monthly Installments

Minimum Documentation Requirements

Quick Processing

Required Documents

Copy of the applicant’s CNIC
Passport-sized photograph
Proof of Income (salary slip or letter from employer) or proof of business (business card, utility bills, cash memo, etc.)

Terms and Conditions are applicable

FAQs

Who can apply for this loan?

Any resident Pakistani with a valid CNIC/NICOP

What is the eligibility criteria?

Business individual or salaried person

Is there any age limit for the borrower to avail this loan?

The age limit requirement is 18 – 67 years at the time of loan application and maturity respectively

What is the procedure to apply for this loan?

The customer will be required to follow the following steps:

Visit the nearest U Bank branch
Provide the required KYC documents
Deposit the upfront charges
Sign the loan application form and submit

What documents are required to apply for this loan?

The following documents are required:

Sole Proprietors – Proof of business like business card, cash memo, letterhead or utility bill, bank statement

Businesses Individuals – Proof of business like business card, cash memo, letterhead or utility bill, bank statement

Salaried Individual – Three (03) recent salary slips or salary certificate, six (06) months’ bank statement

What kind of processing charges are there?

Processing Fee
Insurance Premium
Down Payment

What kind of collateral is required for this loan?

Multiple collateral options available

For what purpose can I receive this loan?

Business, personal, livestock

Any down payment requirement?

10%

Laptop & Mobile Financing

How Much do you need ?

Rs 40,000 Rs 350,000

6 months 60 months

YOU ARE GETTING

Rs. 0

TERMS OF USE

Months

TOTAL INTEREST

Rs. 0

INSTALLMENT AMOUNT

Rs. 0

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Success Stories

Bringing Dreams to Life

Yasir Sheikh, a resident of Sheikh Muhalla in Shikarpur, Sindh, always dreamed of running his own business. He began with a small cart selling snacks on the street and gradually expanded to owning a grocery store. As his family grew, Yasir’s desire to provide a quality education for his children intensified. He enrolled them in good private schools, but soon found himself struggling to manage the school fees alongside daily expenses. Faced with the difficult choice between feeding his family and paying for education, Yasir felt overwhelmed and worried. In search of a solution, Yasir turned to U Bank for financial support. The bank's staff guided him through the loan options, and he quickly secured the necessary funds with Barhta Karobar Plus Loan. Within a year, Yasir not only expanded his grocery business but also successfully repaid the loan. Today, his store offers a wider variety of products, his income has increased, and his children are receiving the education he always dreamed of providing. Yasir’s story is a testament to how U Bank's microfinance services can empower small businesses to improve lives and livelihoods in Pakistan.

From Salesman to Business Owner

M. Iqbal Qadri from Adda Shabeel, Sahiwal – Punjab, Pakistan, is a determined business owner, who was working for a small pharmacy as a salesman before progressing to opening his own shop in Sahiwal. Sahiwal, where he is from, is an agricultural region and his family had traditionally been farmers. Between 2006 and 2007, Iqbal worked as a salesman, before he decided to open up his own retail store. He further required capital to expand it and increase his customer inflow. With suggestions from his friends, he twice availed the U Bank Islamic Banking - Apna Karobar Premium Murabaha Financing facility to add investment to his store for its growth. Today, he owns the shop himself, has added inventory and variety to his store, does not have to pay rent, sends his kids to good schools, and is living a good life.

U Bank Transforming Lives of Entrepreneurs

In the rural town of Kot Laysan, Rajanpur, Punjab, Tauqeer Ahmed has been running a successful clothing shop in Saddar Bazaar for 16 years, offering a wide variety of female clothing, from formal wedding clothes to casual dresses. Before starting his own business, Tauqeer worked as a salesman in a jewelry store for a decade, where he struggled with financial constraints. Realizing the potential in the clothing market, he decided to open his own shop, which required less initial investment and promised higher sales. To further expand his business, Tauqeer turned to U Bank for a Running Finance facility. The bank responded promptly, processing his loan quickly and offering a low markup rate. With this financial support, Tauqeer was able to invest in his business, resulting in substantial growth. Now, he enjoys daily sales of thousands of rupees, his income has improved significantly, and he has elevated his household's living standards. Tauqeer’s story highlights the vital role that U Bank's microfinance services play in empowering small and medium-sized businesses in Pakistan.

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