Car installment · Kia
Kia Sportage L installment per month for every variant, from Pakistani banks — with the State Bank’s limits already applied.
Entry plan (FWD HEV): Rs 103,714 a month for 36 months with 76% down, through Bank Alfalah at 16.54%.
Entry installment
Rs 103,714/mo
76% down · 36 months · Bank Alfalah
Installment calculator
Pick a variant, bank, tenure and down payment. Figures update instantly from each bank’s published rate.
1Variant
2Bank
3Tenure
Up to 3 years for this carSBP limits cars above 1000cc to 3 years.
4Down payment
76% · Rs 9,271,240The minimum is 76%, not 30%. Banks can lend at most Rs 3,000,000 per person (SBP), so the rest of the Rs 12,199,000 price is paid upfront.
Kia Sportage L FWD HEV · 3 years · 76% down (or each bank’s minimum)
| Bank | Rate | Monthly | Upfront | Total markup / profit | |
|---|---|---|---|---|---|
 Car Ijarah | 14.75%fixed | Rs 105,131 | Rs 9,763,000 | Rs 1,344,916 | |
 Auto LoanLowest | 16.54%variable | Rs 103,714 | Rs 9,271,240 | Rs 805,944 | Selected |
 UBL DriveLowest | 16.54%variable | Rs 103,714 | Rs 9,271,240 | Rs 805,944 | |
 Apni CarLowest | 16.54%variable | Rs 103,714 | Rs 9,271,240 | Rs 805,944 |
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.
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 Sportage L
76%
Above the usual 30% because of the lending limit.
Longest tenure
3 years
SBP caps cars above 1000cc at 3 years (Meezan offers 5 on local EVs).
Income you’ll need
Rs 260,000+
Loan payments must stay under 40% of take-home pay.
Buyer’s guide
The entry Kia Sportage L — the Kia Sportage L FWD HEV — costs Rs 103,714 a month with Bank Alfalah: 76% down (Rs 9,271,240) and 36 months at 16.54%. The Kia Sportage L AWD HEV works out to Rs 103,643 a month, but only because it needs 78% down (Rs 10,373,220) — with the loan capped at Rs 3,000,000, pricier variants mostly raise the upfront payment, not the installment. 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 Kia Sportage L that means 76% for the Kia Sportage L FWD HEV and up to 78% for the Kia Sportage L AWD HEV. Most comparison sites still quote 30% here, which no bank can approve.
The Kia Sportage L is above 1000cc, so the State Bank caps car financing at 3 years. Ads that show five- or seven-year Sportage L plans are out of date.
Over 3 years on the Kia Sportage L FWD HEV, Meezan Car Ijarah comes to Rs 105,131 a month at a fixed 14.75% — and that rental already includes takaful and the tracker. Bank Alfalah Auto Loan is Rs 103,714 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 Kia Sportage L 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.