Auto financing in Pakistan rises to Rs345bn in March

April 17, 2026 (MLN): Automobile financing in Pakistan has increased to Rs345.34bn in March 2026, witnessing a rise of 2.6% MoM compared to Rs336.61bn recorded in February 2026, according to the latest data released by the central bank.

On a year on year basis, car financing increased by 34.19%, as in the same period last year, the figure for financing was reported at Rs257.36bn.

Going by the data provided by the State Bank of Pakistan (SBP), consumer financing for house building stood at Rs227.51bn by the end of March 2026, up by 14.08% YoY.

Month-wise, the financing for house building has increased by 1.67% compared to Rs223.77bn incurred in the previous month.

Meanwhile, financing for personal use clocked in at Rs280.26bn, up by 4.7% YoY and 1.14% MoM.

Thereby, the overall credit disbursed to consumers registered a rise of 21.29% YoY to clock in at Rs1.06tr. Compared to the credit of Rs1.04tr in the previous month, consumer financing has recorded a 2.28% MoM rise.

The data released by the central bank further showed that outstanding credit to the private sector rose 12.24% YoY to Rs10.69tr in March 2026.

On a sequential basis, private sector loans reported a rise of 0.72% MoM compared to the credit of Rs10.61tr in February.

Under the credit to the private sector, the loans to the manufacturing sector clocked in at Rs5.86tr in the review period, up by 7.48% YoY while down 0.23% MoM.

The borrowing from the construction sector stood at Rs217.45bn in March, up by 2.2% YoY and 1.77% MoM.

Going forward, the data further shows that loans to the agriculture, forestry, and fishing sectors rose to Rs593.26bn in the month under review, up by 28.65% YoY, and on a sequential basis, the loans to the same sector recorded growth of 0.52% MoM.

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