Auto financing in Pakistan rises to Rs407bn in September

October 16, 2026 (MLN): Automobile financing in Pakistan has increased to Rs407.12bn in September 2026, witnessing a rise of 3.49% MoM compared to Rs393.4bn recorded in August 2026, according to the latest data released by the central bank.

On a year on year basis, car financing increased by 33.61%, as in the same period last year, the figure for financing was reported at Rs304.71bn.

Going by the data provided by the State Bank of Pakistan (SBP), consumer financing for house building stood at Rs365.44bn by the end of September 2026, up by 71.88% YoY.

Month-wise, the financing for house building has increased by 15.73% compared to Rs315.78bn incurred in the previous month.

Meanwhile, financing for personal use clocked in at Rs300.54bn, up by 14.28% YoY and 1.3% MoM.

Thereby, the overall credit disbursed to consumers registered a rise of 34.45% YoY to clock in at Rs1.29tr. Compared to the credit of Rs1.23tr in the previous month, consumer financing has recorded a 4.86% MoM rise.

The data released by the central bank further showed that outstanding credit to the private sector rose 16.64% YoY to Rs11.28tr in September 2026.

On a sequential basis, private sector loans reported a rise of 3.36% MoM compared to the credit of Rs10.92tr in August.

Under the credit to the private sector, the loans to the manufacturing sector clocked in at Rs5.89tr in the review period, up by 12.25% YoY and 2.93% MoM.

The borrowing from the construction sector stood at Rs227.44bn in September, up by 6.46% YoY and 2.3% MoM.

Going forward, the data further shows that loans to the agriculture, forestry, and fishing sectors rose to Rs709bn in the month under review, up by 30.93% YoY, and on a sequential basis, the loans to the same sector recorded growth of 3.07% MoM.

Copyright Mettis Link News