Tokyo - Japan's largest carmaker Toyota Motor Corporation said Tuesday it will recall more than 176 000 passenger cars sold domestically due to defective brake parts and reported 470,000 cars shipped overseas have a similar problem.

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Sales of cars and other vehicles including motorcycles touched 44,747 mark in August registering an increase of 41.60 percent compared to same month last year on the back of rising demand and production.

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The Central Board of Revenue (CBR) last month enhanced the depreciation on used cars up to 50 to 80 percent from 800cc to 1800cc cars under the transfer of residence and gift scheme.

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FINANCING LIST

 
 

UNION BANK LIMITED

United Bank Limited is one of the largest commercial bank in the country. With almost forty three years of good standing to its valued clients, it has stood the test of time, producing assets of over Rs. 190 billion. We offer our services through a wide network of over 1000 domestic branches all over Pakistan and 15 overseas branches as part of global network. Shareholder's Equity of over Rs. 12 billion and a solid track record of 43 years - in addition to the convenience of over 1000 branches serving you throughout the country and also at several overseas locations.

Product List:

You as an individual can gain and benefit the most through UBL Consumer Banking. In UBL you get friendly, efficient and attentive personalized banking services - a unique banking relationship experienced by each UBL client. You can utilize the following services

• UBL Drive

UBL Drive

UBL Drive is a unique car financing product which offers you features, options and flexibility unmatched by any other bank, some for the very first time in Pakistan. Because at UBL, you come first.

No Documents Required

UBL Drive gives you the opportunity to get the car of your choice financed with minimal documentation. You do not have to provide any income related documents - all that is required is a copy of your NIC and 2 photographs!

Low Down Payment Just 10%

In addition to low installments, UBL Drive allows you to drive away in your own car by making a down payment of just 10% - one of the lowest down payment options in the market!

Zero Pre-payment Panalty

For the first time in Pakistan, UBL Drive offers you the option to pay-off your loan amount anytime after the first year of the financing period, without incurring any extra charges.

 

 

 

 
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