Car Loans Surge in Pakistan, Boosting Automobile Market and Economic Activity

Islamabad (HRNW)- After car loans became more accessible in Pakistan, the trend of buying in the automobile market has started increasing. With the increase in financing by banks on easy terms, vehicle ownership has become more attainable for citizens than before.

According to data released by the State Bank of Pakistan, auto financing reached Rs 318 billion in November 2025, which shows a 35.5% increase compared to Rs 235 billion in the same month last year. The report said that on a monthly basis, financing also increased by 0.8%, which was recorded in November from Rs 315 billion in October 2025.

According to economists, the increase in car loans is a sign that banks are fully supporting the growing demand in the auto sector, while it has become easier for citizens to get a vehicle than before. He said that ease of financing is not only strengthening the automobile industry but is also having a positive impact on the country’s economic activities.

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