EMI Calculator Pakistan
Work out your monthly loan instalment in PKR, see the total interest, and compare it against rates Pakistan banks actually publish.
Click any bank to use their rate. Green = best deal
See how changes affect your loan
How is EMI calculated?
EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.
What's a safe EMI-to-salary ratio?
Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.
Longer tenure = lower EMI?
Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.
Loan interest rates in Pakistan
Buzdy tracks 29 banks in Pakistan with 6,140 branches across 256 cities. EMI results on this page are shown in PKR. The rates below are the ones those banks publish — use them in the calculator instead of a guess.
Personal & car loan rates in Pakistan
| Loan | Bank | Interest / profit rate | Max tenure | Loan amount |
|---|---|---|---|---|
| HBL car loan | HBL Bank | — | At 70 years of age | 170000 |
| HBL Personal Loan | HBL Bank | 35.99% * | 12 to 48 months | 25000 to 300000 |
| HBL Salary Plus | HBL Bank | 30% per annum | — | — |
3 loan products from 1 bank — figures as published by each bank.
Credit card interest rates in Pakistan
Relevant if you convert a card purchase into monthly instalments. 40 cards with a published rate.
Worked example — PKR 1,000,000 loan over 5 years in Pakistan
- Loan amount
- PKR 1,000,000
- Rate used
- 30% a year
- Tenure
- 60 months
- Monthly EMI
- PKR 32,353
- Total interest
- PKR 941,204
Rate taken from HBL Salary Plus (HBL Bank) — the lowest published loan rate we hold for Pakistan. Change the numbers in the calculator above for your own case.
Banks we track in Pakistan
Keep going in Pakistan
Guides for Pakistan
Pakistan — frequently asked questions
What is the EMI on a PKR 1,000,000 loan in Pakistan?
At 30% a year over 60 months the instalment works out at about PKR 32,353, or PKR 941,204 of interest in total. That rate comes from HBL Salary Plus by HBL Bank, the lowest published loan rate Buzdy holds for Pakistan.
Which banks offer personal loans in Pakistan?
Buzdy lists 3 loan products in Pakistan from banks including HBL Bank.
What interest rate do credit cards charge in Pakistan?
Across the 40 cards with a published rate in Pakistan, quoted rates run from 1.5% a year to 4.17% per month. Card interest only applies if you carry a balance past the interest-free period.
Where can I apply for a loan in Pakistan?
Buzdy maps 6,140 bank branches in Pakistan across 256 cities. Open the branch directory to find the nearest one to you.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.