Car Loan Calculator Pakistan 2026 Bank Rates
Calculate your car loan EMI for any Pakistani car model. SBP 2026 rules applied automatically — down payment limits, ₨30 lakh cap, and True Cost of Ownership including fuel, registration and insurance.
Choose car, bank, down payment and years. We estimate your monthly payment and total car burden.
Products vary by bank. Confirm availability at your nearest branch before applying.
⚠ Prices are ex-factory (May 2026). On-road price is higher — add freight, registration, WHT and dealer charges.
Focus on the monthly payment first. Then check down payment and total cost before visiting a showroom or bank.
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True Total Cost of This Car
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| Month | Fixed — Principal | Fixed — Profit | Balance | Variable — Profit | Variable Payment |
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Car Loan in Pakistan — Complete 2026 Guide
Buying a car on installments in Pakistan is regulated by the State Bank of Pakistan. Whether you are looking at a Suzuki Alto, Honda City, or Toyota Corolla, understanding the SBP rules, bank rates, and true cost of ownership before signing any financing agreement can save you lakhs of rupees.
SBP Car Loan Rules 2026
SBP caps aggregate auto financing at ₨30 lakh (PKR 3 million) per person across all banks combined. For locally manufactured cars up to 1000cc, the minimum down payment is 15% and maximum tenure is 5 years. For all other cars above 1000cc, the minimum down payment is 30% and maximum tenure is 3 years.
Car Loan Rates in Pakistan (May 2026)
After recent SBP rate movements, car loan rates currently range from Bank of Punjab at 14.75%–14.99% to most banks between 15.25% and 16.25%. Meezan Bank Car Ijarah is at 14.99% Islamic. Your actual rate depends on your credit profile, income, and whether you are an existing customer.
True Cost of Owning a Car in Pakistan
The sticker price is just the beginning. Add: registration fee (~1% of value), withholding tax (WHT) (filers: 0.5%–2%, non-filers: double), annual token tax, insurance or Takaful (~2%–3% per year), petrol costs (₨403.78/L verified 25 May 2026), and maintenance. Our True Cost calculator adds all of these automatically.