Islamabad, 10 May,2025: Honda City buyers in Pakistan can now access an easier path to car ownership, as United Bank Limited (UBL) introduces a new vehicle financing option through its UBL Drive program.
The bank has rolled out this initiative to simplify car purchases by offering manageable monthly instalments with minimal upfront requirements and documentation.
According to UBL, the new financing scheme is designed to make the Honda City more attainable for a broader range of customers.
READ MORE: Honda Grace VS Honda City: A Complete 2025 Comparison
With reduced down payments and adjustable tenures, the scheme offers a choice of five different Honda City variants, each paired with tailored instalment plans.
Variants and Financial Breakdown
The UBL Drive program currently includes the following options:
- Honda City 1.2 M/T: Listed at Rs. 4,649,000, requiring an initial deposit of Rs. 1,673,640. The remaining Rs. 2,975,360 can be paid via Rs. 102,415 monthly.
- Honda 1.2L CVT: Offered at Rs. 4,689,000, with a Rs. 1,734,930 down payment and Rs. 101,682 in monthly instalments.
- Honda 1.5L CVT: Priced at Rs. 5,439,000, necessitating Rs. 2,447,550 upfront and Rs. 102,969 monthly.
- Honda 1.5L Aspire M/T: Available for Rs. 5,649,000 with a Rs. 2,655,030 deposit, and monthly dues of Rs. 103,055.
- Honda 1.5L Aspire CVT: Costs Rs. 5,849,000, with Rs. 2,866,010 due initially and Rs. 102,677 per month.
READ MORE: Honda City Price, Specs, & Features Guide
Features and Conditions
UBL has highlighted that the financing process is quick, thanks to limited paperwork, and that customers can choose tenures ranging from one to three years.
Additionally, the scheme allows up to 50% residual value, giving applicants greater payment flexibility.
Interested applicants are encouraged to verify terms via UBL’s official site before applying. It is important to note that car prices may vary depending on manufacturer adjustments and that insurance costs are not included in the financing package.
