Pakistanis are borrowing more than ever to buy cars and homes, and almost every payment now moves through a phone. This page collects the latest official figures on loans, interest rates and digital payments in Pakistan in one place, with a link to the original source for every number. We update it every month when the State Bank of Pakistan releases new data.
Last updated: October 2026
Key Pakistan loan statistics at a glance
- Consumer financing in Pakistan reached Rs 1.29 trillion in September 2026, up 34.45% in a year (Mettis Global, SBP data).
- Car loans (auto financing) hit a record Rs 407.12 billion, up 33.61% from Rs 304.71 billion a year earlier.
- House building loans grew fastest, up 71.88% in a year to Rs 365.44 billion.
- Personal loans stood at Rs 300.54 billion, up 14.28%.
- Car loans grew by a third while car sales fell 9.8% in September 2026 (TechJuice, PAMA data).
- 92% of retail payments in Pakistan are now made digitally (Profit, SBP data).
- Pakistan has 137 million mobile, internet and digital banking users (ProPakistani).
- The SBP policy rate is 11.5%, raised from 10.5% in April 2026 (Dawn).
- Inflation was 10.3% in September 2026 (Profit, PBS data).
- Housing finance is only 0.3% of GDP (ProPakistani).
How much Pakistanis are borrowing
Bank lending to individuals for cars, homes and personal needs has grown quickly over the past year, helped by lower interest rates than in 2023 and 2024.
| Type of consumer loan | Outstanding, September 2026 | Change in one year |
|---|---|---|
| Auto financing (car loans) | Rs 407.12 billion | +33.61% |
| House building | Rs 365.44 billion | +71.88% |
| Personal use | Rs 300.54 billion | +14.28% |
| Total consumer financing | Rs 1.29 trillion | +34.45% |
Source: State Bank of Pakistan data reported by Mettis Global.
Car and bike loans in Pakistan
Car financing is at the highest level in Pakistan’s history. In September 2026 it rose 3.49% in a single month, from Rs 393.4 billion in August to Rs 407.12 billion.
The interesting part is what happened to sales at the same time. Car sales fell to 10,939 units in September 2026, down 9.8% on September 2025 and 20.3% on August. Motorcycle and three wheeler sales went the other way, up 27.4% to 202,502 units, with Honda alone selling 167,100 (TechJuice, PAMA data).
More money is being borrowed per car even as fewer cars are sold. Higher car prices mean each loan is larger, and with petrol above Rs 380 a litre many families are moving to motorcycles.
To see what a car loan costs on your salary, use our car loan calculator. For motorcycles, try the bike loan calculator.
Home loans in Pakistan
Home financing is growing fast from a very small base. Bank lending for house building reached Rs 365.44 billion in September 2026, up 71.88% in a year. Even so, housing finance is only 0.3% of Pakistan’s GDP and 1.48% of all bank lending (ProPakistani).
The government’s Mera Ghar Mera Ashiana scheme, which offers 5% financing for the first ten years, shows how strong the demand is. By 30 April 2026:
| Mera Ghar Mera Ashiana | Figure |
|---|---|
| Applications received | 25,304 |
| Applications approved | 8,990 (Rs 37.15 billion) |
| Applications paid out | 1,845 (Rs 5.07 billion) |
| Still being processed | 13,792 |
Only about one in five approved applicants had received money by that date. You can work out your own installment with our Mera Ghar Mera Ashiana calculator.
The cost of borrowing in Pakistan
Most Pakistani car, home and personal loans are priced at KIBOR plus a bank margin, and KIBOR follows the State Bank’s policy rate.
- Policy rate: 11.5% since 27 April 2026, after a 1% rise linked to higher oil prices (Dawn). It was 22% at its peak in 2023.
- Inflation: 10.3% in September 2026, with transport costs up 27.4% in a year.
- Typical loan rates: car loans around 14% to 16%, personal loans around 21% to 25% a year.
When inflation is close to the policy rate, savers earn little after inflation and borrowers face the risk of higher rates. Our guide on what happens to your installment when SBP changes rates shows the effect with examples.
Digital payments and fintech in Pakistan
Pakistan has moved from cash to phone payments faster than almost any area of its economy.
| Digital payments in Pakistan | Figure | Period |
|---|---|---|
| Share of retail payments made digitally | 92% of 3.7 billion transactions | Jan to Mar 2026 |
| Value of digital payments | Rs 68 trillion (3.4 billion transactions) | Jan to Mar 2026 |
| Payments made through mobile apps | 2.9 billion (78% of digital payments) | Jan to Mar 2026 |
| Raast transactions | 742.1 million, worth Rs 23.3 trillion | Jan to Mar 2026 |
| Mobile and digital banking users | 137 million (from 95 million) | June 2026 |
| Merchants accepting Raast QR | 1.73 million | June 2026 |
| Remittances paid into accounts or wallets | 92% | June 2026 |
Sources: Profit (SBP data) and ProPakistani.
More borrowers now also start their loan search online, comparing installments before they visit a bank. That is exactly why we built free calculators for every major bank.
How Pakistan compares with the world
- The global fintech market is estimated at $460.76 billion in 2026 (Omni Calculator, citing Fortune Business Insights).
- About 64% of consumers worldwide use at least one fintech service (DemandSage).
- In the United States, 51% of loan applications were made through digital channels in 2026 (Neontri).
How we collect this data
Every figure comes from the State Bank of Pakistan, the Pakistan Bureau of Statistics or the Pakistan Automotive Manufacturers Association, through their own releases or national news reports of them. We link the source next to each number and refresh the page each month after SBP publishes new lending data, usually in the third week.
You are welcome to quote these figures. Please credit and link: Source: LoanHissab, Pakistan Loan Statistics 2026.
Frequently asked questions
How much car financing is there in Pakistan? Rs 407.12 billion in September 2026, the highest ever, up 33.61% in a year.
Is borrowing in Pakistan growing? Yes. Total consumer financing rose 34.45% in a year to Rs 1.29 trillion, led by house building and car loans.
What share of payments in Pakistan are digital? About 92% of retail transactions in early 2026 were made through digital channels.
This page is for information only and is not financial advice.
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