Car finance · Faysal Bank
Today’s Faysal Bank car-financing rate, its terms, and the monthly installment for every locally assembled car.
Faysal Bank Islami Car Finance is Islamic Diminishing Musharakah: you and the bank co-own the car and you buy the bank’s share in instalments.
3-year rate today
17.54%
1-year KIBOR + 5.00%
Installment calculator
Choose a car, tenure and down payment. SBP limits are applied automatically.
1Choose a car
2Variant
3Tenure
Up to 3 years for this carSBP limits cars above 1000cc to 3 years.
4Down payment
55% · Rs 3,354,450The minimum is 55%, not 30%. Banks can lend at most Rs 3,000,000 per person (SBP), so the rest of the Rs 6,099,000 price is paid upfront.
Every eligible car
Entry variant at its minimum down payment and the longest tenure allowed, cheapest first.
| Car | Entry price | Down payment | Tenure | Monthly |
|---|---|---|---|---|
| Suzuki EveryVXR | Rs 2,965,200 | 30%Rs 889,560 | 60 months | Rs 52,190 |
| Suzuki AltoVXR Upgraded | Rs 2,994,861 | 30%Rs 898,458 | 60 months | Rs 52,712 |
| Suzuki CultusVXR | Rs 4,089,490 | 30%Rs 1,226,847 | 60 months | Rs 71,978 |
| Tank 500HEV | Rs 20,500,000 | 90%Rs 18,450,000 | 36 months | Rs 73,640 |
| Changan KarvaanPower Comfort | Rs 3,149,000 | 30%Rs 944,700 | 36 months | Rs 79,183 |
| Kia Sportage LFWD HEV | Rs 12,199,000 | 80%Rs 9,759,200 | 36 months | Rs 87,643 |
| Hyundai TucsonHybrid Smart | Rs 12,202,000 | 80%Rs 9,761,600 | 36 months | Rs 87,664 |
| Toyota Fortuner2.7 G | Rs 12,435,000 | 80%Rs 9,948,000 | 36 months | Rs 89,338 |
| Jetour T2i-DM | Rs 12,795,000 | 80%Rs 10,236,000 | 36 months | Rs 91,925 |
| Hyundai Sonata2.0 | Rs 10,330,000 | 75%Rs 7,747,500 | 36 months | Rs 92,769 |
| Jaecoo J7Premium | Rs 10,499,000 | 75%Rs 7,874,250 | 36 months | Rs 94,286 |
| Honda HR-VVTi | Rs 7,549,000 | 65%Rs 4,906,850 | 36 months | Rs 94,911 |
| Hyundai Santa FeSmart | Rs 13,258,000 | 80%Rs 10,606,400 | 36 months | Rs 95,251 |
| Haval H61.5-T | Rs 8,923,986 | 70%Rs 6,246,790 | 36 months | Rs 96,170 |
| Jaecoo J5Comfort | Rs 6,699,000 | 60%Rs 4,019,400 | 36 months | Rs 96,257 |
| Haval Jolion1.5-T | Rs 7,796,104 | 65%Rs 5,067,468 | 36 months | Rs 98,018 |
| Toyota CorollaAltis X Manual 1.6 | Rs 6,099,000 | 55%Rs 3,354,450 | 36 months | Rs 98,590 |
| Jetour DashingDeluxe | Rs 7,899,000 | 65%Rs 5,134,350 | 36 months | Rs 99,312 |
| Toyota YarisGLI MT 1.3 | Rs 4,649,000 | 40%Rs 1,859,600 | 36 months | Rs 100,201 |
| Deepal L07EV | Rs 13,999,000 | 80%Rs 11,199,200 | 36 months | Rs 100,575 |
| Isuzu D-MaxHi-Spark S/C M/T | Rs 8,100,000 | 65%Rs 5,265,000 | 36 months | Rs 101,839 |
| Honda City1.2L CVT | Rs 4,737,000 | 40%Rs 1,894,800 | 36 months | Rs 102,098 |
| Toyota HiluxE | Rs 11,379,000 | 75%Rs 8,534,250 | 36 months | Rs 102,189 |
| Chery Tiggo 7Premium PHEV FWD | Rs 9,499,000 | 70%Rs 6,649,300 | 36 months | Rs 102,367 |
| MG HSHybrid+ | Rs 9,499,000 | 70%Rs 6,649,300 | 36 months | Rs 102,367 |
| Chery Tiggo 9Premium PHEV AWD | Rs 14,299,000 | 80%Rs 11,439,200 | 36 months | Rs 102,730 |
| Chery Tiggo 8Premium PHEV 4WD | Rs 11,499,000 | 75%Rs 8,624,250 | 36 months | Rs 103,267 |
| Honda BR-Vi-VTEC S | Rs 6,429,000 | 55%Rs 3,535,950 | 36 months | Rs 103,924 |
| Toyota Corolla Cross1.8 | Rs 7,235,000 | 60%Rs 4,341,000 | 36 months | Rs 103,958 |
| Suzuki SwiftGL Manual | Rs 4,460,160 | 35%Rs 1,561,056 | 36 months | Rs 104,142 |
| Peugeot 2008Active | Rs 5,799,000 | 50%Rs 2,899,500 | 36 months | Rs 104,156 |
| Hyundai Elantra1.6 Special Edition | Rs 6,449,000 | 55%Rs 3,546,950 | 36 months | Rs 104,248 |
| Jetour X70 PlusDeluxe | Rs 8,299,000 | 65%Rs 5,394,350 | 36 months | Rs 104,341 |
| Changan Alsvin1.3L MT Comfort | Rs 4,189,000 | 30%Rs 1,256,700 | 36 months | Rs 105,334 |
| Changan Oshan X7Comfort | Rs 8,474,000 | 65%Rs 5,508,100 | 36 months | Rs 106,541 |
| MG ZSVibe | Rs 6,599,000 | 55%Rs 3,629,450 | 36 months | Rs 106,672 |
| Honda CivicStandard | Rs 8,499,000 | 65%Rs 5,524,350 | 36 months | Rs 106,856 |
| Kia StonicEX+ | Rs 5,999,000 | 50%Rs 2,999,500 | 36 months | Rs 107,748 |
| Deepal S05REEV Premium | Rs 9,999,000 | 70%Rs 6,999,300 | 36 months | Rs 107,755 |
| Deepal S07EV | Rs 14,999,000 | 80%Rs 11,999,200 | 36 months | Rs 107,759 |
Terms
Rate today (3 years)
17.54%
1-year KIBOR + 5.00%
Tenure
1–5 years
Cars above 1000cc: 3 years maximum (SBP).
Financing limit
Rs 3,000,000
Per person across all banks (SBP).
Processing fee
Rs 12,000
PKR 12,000 + FED (50% off for Amal women account holders); upfront tracker fee PKR 22,000 + FED
Guide
Faysal Bank prices the loan at 1-year KIBOR plus a spread: 5.00% up to 5 years. With KIBOR at 12.54%, that is 17.54%. The rate resets when KIBOR moves, so the installment can change over the loan. Other published options: New car — self-employed businessmen KIBOR + 6.00%; Used car — salaried / professionals KIBOR + 4.00%; Used car — self-employed businessmen KIBOR + 5.00%.
Faysal Bank follows the State Bank rules: at least 30% down, and no more than Rs 3,000,000 financed per person across all banks. On any car above Rs 4,285,714 the minimum down payment rises — the table above shows the exact figure for each car.
Processing: PKR 12,000 + FED (50% off for Amal women account holders); upfront tracker fee PKR 22,000 + FED. Expect to provide your CNIC, six months of bank statements and salary or business proof. Ask for the key fact statement before signing — it shows the APR, insurance and early-settlement charges. Figures here use Faysal's new-car rate for salaried customers. Faysal prices used cars 1% lower.
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