The entry Deepal L07 — the Deepal L07 EV — costs Rs 88,017 a month with Meezan Bank: 80% down (Rs 11,199,200) and 60 months at 14.75%. Figures use each bank’s published rate on 2 October 2026 and the ex-factory price.
Car installment · Deepal
Deepal L07 installment per month for every variant, from Pakistani banks — with the State Bank’s limits already applied.
Entry plan (EV): Rs 88,017 a month for 60 months with 80% down, through Meezan Bank at 14.75%.
Entry installment
Rs 88,017/mo
80% down · 60 months · Meezan Bank
Installment calculator
Pick a variant, bank, tenure and down payment. Figures update instantly from each bank’s published rate.
1Variant
2Bank
3Tenure
4Down payment
80% · Rs 11,199,200The minimum is 80%, not 30%. Banks can lend at most Rs 3,000,000 per person (SBP), so the rest of the Rs 13,999,000 price is paid upfront.
Deepal L07 EV · 5 years · 80% down (or each bank’s minimum)
| Bank | Rate | Monthly | Upfront | Total markup / profit | |
|---|---|---|---|---|---|
 Car IjarahLowest | 14.75%fixed | Rs 88,017 | Rs 11,203,000 | Rs 2,481,220 | Selected |
 Auto Loan | 16.54%variable | Rs 99,1813 years | Rs 11,199,200 | Rs 770,716 | |
 UBL Drive | 16.54%variable | Rs 99,1813 years | Rs 11,199,200 | Rs 770,716 | |
 Apni Car | 16.54%variable | Rs 99,1813 years | Rs 11,199,200 | Rs 770,716 |
Meezan’s rental already includes takaful and tracker; conventional banks charge insurance separately at their panel rates.
By variant
Minimum down payments above 30% come from the SBP limit of Rs 3,000,000 per borrower.
| Variant | Ex-factory price | Minimum down | Longest tenure | Monthly at min. down |
|---|---|---|---|---|
| EV | Rs 13,999,000 | 79%Rs 11,059,210 | 5 years | Rs 88,017Meezan Bank · 60 mo · 80% down |
Before you apply
Most a bank can lend
Rs 3,000,000
Per person, across all banks combined — State Bank of Pakistan rule.
Minimum down on the L07
79%
Above the usual 30% because of the lending limit.
Longest tenure
5 years
SBP caps cars above 1000cc at 3 years (Meezan offers 5 on local EVs).
Income you’ll need
Rs 221,000+
Loan payments must stay under 40% of take-home pay.
Buyer’s guide
The entry Deepal L07 — the Deepal L07 EV — costs Rs 88,017 a month with Meezan Bank: 80% down (Rs 11,199,200) and 60 months at 14.75%. Figures use each bank’s published rate on 2 October 2026 and the ex-factory price.
State Bank of Pakistan rules allow one person to borrow at most Rs 3,000,000 for a car, across all banks. Once the price is above Rs 4,285,714, a 30% down payment would leave more than Rs 3,000,000 to finance — so the minimum rises. On the Deepal L07 that means 79% for the Deepal L07 EV. Most comparison sites still quote 30% here, which no bank can approve.
The Deepal L07 is electric. Most banks treat it like a car above 1000cc and cap financing at 3 years; Meezan Bank’s own calculator offers up to five years on locally assembled EVs.
Over 3 years on the Deepal L07 EV, Meezan Car Ijarah comes to Rs 119,787 a month at a fixed 14.75% — and that rental already includes takaful and the tracker. Bank Alfalah Auto Loan is Rs 104,140 at 16.54% variable, before insurance, which you pay separately. A variable rate moves with KIBOR every year; Meezan’s does not.
Besides the down payment, budget for the bank’s processing fee, comprehensive insurance (included in Meezan’s rental), and registration — token tax, withholding tax and number plates. See the full Deepal L07 on-road price by province, and the monthly running cost for fuel and maintenance.
FAQ
1-year KIBOR 12.54% (1 October 2026). Figures are indicative — the bank confirms the final rate, insurance and fees in its key fact statement. Prices are ex-factory; banks finance the invoice price, which may include freight. Bank names and logos belong to their owners and are shown only to identify each bank; Watan Motors is not affiliated with any bank.