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 6,141 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.
Looking for a credit card, a loan or a savings account in Pakistan?
Compare what banks in Pakistan actually offer — rates, fees and eligibility, updated for 2026.
Personal & car loan rates in Pakistan
| Loan | Bank | Interest / profit rate | Max tenure | Loan amount |
|---|---|---|---|---|
| Car4U | MCB Bank | 1 Yr KIBOR + 4% for MCB account holders (ETB); 1 Yr KIBOR + 4.5% for non-MCB account holders (NTB), tenor 1-5... | Finance Tenor: Up to 7 years | Finance up to 70% of vehicle value |
| Alfalah Auto Loan | bank alfalah | 2 Years KIBOR + 3.50%; 3 Years KIBOR + 4.00%; 4-5 Years KIBOR + 4.50% | Tenures of up to 5 years | Financing Limit: PKR 200,000 to PKR 3,000,000 |
| Home Loans | MCB Bank | Salaried: 6 Month KIBOR+3.00%; Equity 30% or above 6 Month KIBOR+2.50%; Equity 50% or above 6 Month KIBOR+2.00... | Flexibility to borrow funds for 2 - 25 years | Broad range of financing available - Upto PKR 50 Million (or even higher) |
| Alfalah Home Finance | bank alfalah | Local Salaried 1 Year KIBOR + 3%; Self Employed / Businessmen / Others 1 Year KIBOR + 4%; Non-Resident Pakista... | Up to 25 years | Up to 80% financing of property value |
| UBL DRIVE | UBL Bank | Existing Customers 1YK + 4.25% (1-3 years) / 1YK + 4.75% (4-5 years); New to Bank Customers 1YK + 4.75% (1-3 y... | Minimum 1 year & Maximum 5 Years (Vehicles up to 1000 CC); Minimum 1 year & Maximum 3 Years (Vehicles above 10... | Finance up to 70% of the value of your preferred car |
| Alfalah Revolving Loan | bank alfalah | Starting from KIBOR + 18% | Running Finance / Evergreen | Minimum Loan: Rs 50,000 |
| ALLIED HOME FINANCE | Allied bank Pakisatn | Minimum 1YK + 1.75%, Maximum 1YK + 5% | Flexible repayment tenure from 3 to 25 years | Financing up to PKR 75 million |
| ALLIED CAR FINANCE | Allied bank Pakisatn | Minimum 1YK+1.75%, Maximum 1YK+5% | Financing for up to 5 Years | Financing up to Rs. 3 Million |
| ALLIED PERSONAL FINANCE | Allied bank Pakisatn | Minimum 1YK + 10%, Maximum 1YK + 18% | Flexibility to choose repayment period from 1 to 4 years | Loan amount: Rs. 30,000/- to Rs. 3,000,000/- |
| Student Personal Loan | MCB Bank | The pricing of all the programs will be 6M KIBOR only | Maximum loan repayment tenor shall be 7 years from the date the loan becomes repayable including grace period... | Maximum PKR 1 million only |
| Alfalah Instant Loan | bank alfalah | 1 year Kibor + 18% | Up to 4 years | Minimum PKR 50,000 to PKR 750,000 |
| Meezan Easy Home | meezan bank | — | Up to 25 years | PKR 1 million to PKR 100 million |
| Meezan Car Ijarah | meezan bank | Fixed Profit Rates (Non Lien Based): 1 Year 12.98%, 2 Year 13.01%, 3 Year 12.99%, 4 Year 13.12%, 5 Year 13.12%... | Maximum ijarah tenure: Upto 7 years | Maximum financing of up to 10 million as the net financing amount |
| Meezan Women House Finance | meezan bank | — | Maximum 25 years | PKR 0.5 Million to PKR 50 Million |
| 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 |
| UBL CashPlus | UBL Bank | — | Tenor: 1 - 4 years | Maximum Limit: Up to Rs. 3 Million |
| UBL Address Home Loan Facility | UBL Bank | Salaried (Address Only) KIBOR + 3.5%; SEB/SEP (Address Only) KIBOR + 4% | — | Minimum loan size: Rs. 1,000,000 |
| Personal Loan | MCB Bank | Salaried - Govt./Armed Forces: 1-Year KIBOR + 14% (qualifying credit history), 1-Year KIBOR + 16% (non-qualify... | Tenure: 1 year to 4 years | Minimum Loan Amount: PKR 50,000; Maximum Loan Amount: Up to PKR 2 Million |
| Meezan Women Consumer Ease | meezan bank | Discounted rates: 10% in Consumer Durables, 5% in Apni Bike & 0.5% in Meezan Solar Residential Financing | Approved limit active for 3 years, utilisable in 3, 6, 12, 18 & 24 months for multiple drawdowns | — |
| Standard Chartered Cash One | Standard Chartered | — | The loan can be repaid over a period of 12 to 60 months | Loans ranging from PKR 30,000 to PKR 4 mn depending on your eligibility, income and repayment capacity |
| KHUSHHALI APNA MAKAAN | Khushhali Microfinance Bank | — | 6-120 Months | PKR 50,000 to PKR 5,000,000 |
| Advance Salary_ Personal Loan | NBP | — | Maximum tenure up to 4 years (48 months) | Financing up to Rs. 3 Million against your salary |
| HBL Salary Plus | HBL Bank | 30% per annum | — | — |
| Alfalah Personal Loan | bank alfalah | — | Up to 4 years | Financing from PKR 50,000 up to PKR 3 million |
29 loan products from 9 banks — figures as published by each bank.
Credit card interest rates in Pakistan
Relevant if you convert a card purchase into monthly instalments. 37 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
- 1.75% a year
- Tenure
- 60 months
- Monthly EMI
- PKR 17,419
- Total interest
- PKR 45,116
Rate taken from ALLIED CAR FINANCE (Allied bank Pakisatn) — 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 1.75% a year over 60 months the instalment works out at about PKR 17,419, or PKR 45,116 of interest in total. That rate comes from ALLIED CAR FINANCE by Allied bank Pakisatn, the lowest published loan rate Buzdy holds for Pakistan.
Which banks offer personal loans in Pakistan?
Buzdy lists 29 loan products in Pakistan from banks including MCB Bank, UBL Bank, HBL Bank, meezan bank, Allied bank Pakisatn, bank alfalah.
What interest rate do credit cards charge in Pakistan?
Across the 37 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 6,141 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.