🏦 Habib Bank Limited — Pakistan
HBL Car Loan Calculator 2025
Instantly calculate your HBL car loan monthly installment. New & used locally assembled cars. Fixed markup rate, no surprises.
✓ 13.99% Fixed Markup
✓ Up to 70% Financing
✓ Up to 5 Years Tenure
✓ PKR 200K – 10M
✓ New & Used Cars
Simple Calculator
Advanced (Vehicle Price)
🚗 New Car
🔄 Used Car
PKR 200,000 – 10,000,000
HBL fixed rate: 13.99%
Monthly Installment
PKR —
Exclusive of insurance charges
—
Total Payable
—
Total Markup
—
Est. Insurance/yr
* Calculations are tentative and exclusive of insurance. Verify current rates at any HBL branch or call 111-111-425.
HBL Car Loan Calculator Pakistan — How It Works
This free HBL car loan calculator helps you estimate your monthly installment for HBL CarLoan in Pakistan. Whether you’re financing a new car or a used locally assembled vehicle, simply enter your loan amount, markup rate, and tenure — and get your results instantly.
HBL car financing operates on a fixed markup rate of 13.99% per annum. This means your monthly installment stays the same throughout your loan tenure — no fluctuations, no surprises. HBL bank car loan covers financing from PKR 200,000 up to PKR 10,000,000 with repayment periods of 1 to 5 years.
Use the Advanced tab above to enter your vehicle price and select your down payment percentage for a more accurate HBL car loan installment calculation. The repayment schedule shows you a complete month-by-month breakdown of principal, markup, and outstanding balance.
HBL Car Loan Features & Benefits
Why HBL CarLoan is Pakistan’s most popular car financing option
Fixed Markup Rate
13.99% p.a. — rate stays the same throughout your loan tenure
Up to 70% Financing
Borrow up to PKR 10 million — minimum PKR 200,000
Flexible Tenure
Repay over 1 to 5 years based on your monthly budget
Partial Payments Allowed
Pay off extra whenever you want — reduces outstanding principal
New & Used Cars
Finance new or used locally assembled vehicles through 150+ dealers
NRP Eligible
Non-Resident Pakistanis can also apply with a nominee in Pakistan
📊 Rates & Charges
Markup Rate 13.99% p.a. (Fixed)
Min Financing PKR 200,000
Max Financing PKR 10,000,000
Max Financing % Up to 70% of vehicle value
Max Tenure 5 Years (60 months)
Processing Fee (New) PKR 7,500 + FED
Processing Fee (Existing) PKR 3,750 + FED
Insurance Rate ~1.9% p.a. of vehicle value
✅ Eligibility Criteria
Citizenship Pakistani citizen
Minimum Age 22 years
Max Age (Salaried) 60 yrs or retirement
Max Age (Self-Employed) 70 years at maturity
Min Monthly Income PKR 35,000 net
Employment (Salaried) Min 6 months
Business (Self-Employed) Min 1 year
Credit History Clean eCIB required
🔍 Quick Eligibility Check
Required Documents
👔 Salaried Individuals
Copy of valid CNIC
Latest salary slips (last 3 months)
Bank statement (last 3 months)
Employment confirmation letter
Vehicle proforma invoice from authorized dealer
2 recent passport-size photographs
🏢 Self-Employed / Business
Copy of valid CNIC
Bank statement (last 6 months)
Proof of business (registration, letterhead)
Latest tax returns (NTN)
Vehicle proforma invoice
2 recent passport-size photographs
Frequently Asked Questions
Everything you need to know about HBL car loan calculator and HBL car financing in Pakistan
How do I use the HBL car loan calculator? ▾
Using this HBL car loan installment calculator is simple. Enter your loan amount (or use the Advanced tab to enter vehicle price and down payment), set the markup rate — HBL’s current fixed rate is 13.99% p.a. — and choose your tenure (1 to 5 years). Click Calculate and you get your monthly installment, total payable amount, total markup, and a full month-by-month repayment schedule instantly.
What is the HBL car loan markup rate in 2025? ▾
HBL CarLoan currently offers a fixed markup rate of 13.99% per annum. This is a fixed rate — it does not change with the SBP policy rate during your loan tenure, so your monthly installment stays predictable from day one. Always confirm the latest rate at any HBL branch or call 111-111-425 before applying, as rates are subject to revision.
What is the monthly installment for a PKR 1 million HBL car loan? ▾
At 13.99% markup rate over 5 years (60 months), the monthly installment for a PKR 1,000,000 HBL car loan is approximately PKR 23,200. Over 3 years, it rises to around PKR 34,200 per month. Use the calculator above to get the exact figure for your specific loan amount and tenure.
How much down payment is required for HBL car financing? ▾
HBL bank car loan requires a minimum down payment (security deposit) of 30% of the vehicle’s value. HBL finances up to 70% of the vehicle price. For a PKR 3,000,000 car, you pay at least PKR 900,000 upfront and HBL finances the remaining PKR 2,100,000. A higher down payment means a lower monthly installment and less total markup.
Can I calculate HBL used car loan installments with this calculator? ▾
Yes. This calculator works for both new and used car loan calculations for HBL. Toggle to “Used Car” mode at the top of the calculator. HBL CarLoan covers used locally assembled vehicles — the maximum tenure for used cars may be up to 5 years depending on the vehicle age. Use the Advanced tab to enter the vehicle price and select your down payment percentage for more accurate results.
What is the minimum salary for HBL car loan in Pakistan? ▾
The minimum net monthly income required for HBL car loan is PKR 35,000 — for both salaried individuals and self-employed applicants. As a rule of thumb, your monthly installment should not exceed 40–50% of your net income. With PKR 35,000 salary, you can comfortably support an installment of PKR 14,000–17,500 per month. Use the Eligibility Checker above to see your estimated maximum loan amount.
What is the maximum HBL car loan amount in Pakistan? ▾
HBL car financing in Pakistan goes up to PKR 10,000,000 (10 million) or 70% of the vehicle value — whichever is lower. The minimum financing amount is PKR 200,000. Your income, credit history (eCIB), and the vehicle’s price all determine the final approved amount.
Does HBL offer Islamic car finance as well? ▾
Yes. HBL offers HBL Car Ijarah — a Shariah-compliant car financing product through its Islamic banking division. It uses a Musharakah-based structure with a profit rate instead of markup interest. This is separate from the conventional HBL CarLoan. Visit any HBL Islamic Banking branch for details and current profit rates.
Can Non-Resident Pakistanis (NRPs) use the HBL car loan calculator? ▾
Yes. NRPs can use this car loan calculator HBL Pakistan tool to estimate installments. NRPs who maintain a relationship with HBL Pakistan or HBL International are eligible to apply. The vehicle is delivered to a nominee in Pakistan. A joint application with a resident co-borrower is also permitted. Call 111-111-425 for NRP-specific terms.
How is the HBL car loan monthly installment calculated? ▾
The HBL car loan installment calculator uses the standard EMI (Equated Monthly Installment) formula: M = P × r(1+r)^n / ((1+r)^n – 1). Where P = loan amount, r = monthly markup rate (annual rate ÷ 12), and n = total months. At 13.99% annual markup over 60 months on PKR 1,500,000 — the monthly installment comes to approximately PKR 34,800. The calculator above does this automatically in real time.
Ready to apply for HBL Car Loan?
Use the calculator above to finalize your installment, then apply online or at any HBL branch