Motorbike Loan
Wheel your way to success!
U Bank offers the Motorbike Loan facility through which small-scale businessmen and salaried individuals can own their motorbike easily and in a very short time. The Motorbike Loan can be availed on easy monthly installments at a minimal markup rate.
Salient Features
Loan Facility: PKR 60,000 to 3,50,000
Loan Tenure: 6 to 60 months
Repayment in Easy Monthly Installments
Minimum Down Payment
Fast Processing
Minimum Markup Rate
Free Life Insurance
Complete Motorbike Insurance
Free Accidental Insurance
Available Brands
Atlas Honda
Al-Razi Motors
Required Documents
- CNIC of the applicant
- Passport-sized photograph
- Proof of employment or business
- CNIC of the guarantor
Terms & Conditions are applicable
FAQs
Who can apply for this loan?
Any resident Pakistani with a valid CNIC/NICOP
What is the eligibility criteria?
Any business or salaried individual
Is there any age limit for the borrower to avail this loan?
The age limit requirement is 18 – 68 years at the time of loan application and loan 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:
- Valid CNIC
- Passport-sized photograph
- Proof of income
What kind of processing charges are there?
- Loan Application Fee
- Processing Fee
- Insurance
What kind of collateral is required for this loan?
HPA on the motorbike
List of companies available in your panel for motorbike ?
Atlas Honda
Al-Razi Motors
For what purpose can I receive this loan? (Business, agri, personal)
Business, Personal
What is the down payment requirement if any?
10%