Automobile financing in Pakistan rose to Rs318.03 billion in November 2025, showing a modest month-on-month increase of 0.83 percent compared to Rs315.4 billion in October, according to the latest figures from the State Bank of Pakistan (SBP).
Despite this monthly gain, car financing remains heavily influenced by high interest rates, rising vehicle prices, tighter loan regulations, and increased taxes on imported automobiles and their parts. On a year-on-year basis, however, financing for vehicles surged by 35.54 percent, up from Rs234.64 billion in November 2024.
Housing and personal loans
Consumer financing for house building reached Rs214.32 billion by the end of November, marking a 7.05 percent increase compared to the same month last year. Month-on-month, however, housing loans saw a slight dip of 0.53 percent, down from Rs215.47 billion in October.
Loans for personal use were recorded at Rs268.85 billion, reflecting a 6.33 percent decline from November 2024 but a small monthly increase of 0.57 percent. Overall, consumer credit in Pakistan rose by 13.99 percent year-on-year, totalling Rs987.2 billion. Compared to October’s Rs980.26 billion, this represents a month-on-month increase of 0.71 percent.
Private sector borrowing trends
Meanwhile, total outstanding credit to the private sector fell slightly by 0.42 percent year-on-year, reaching Rs9.86 trillion in November. On a monthly basis, private sector loans grew by 1.57 percent, up from Rs9.7 trillion in October.
Within this category, loans to the manufacturing sector dropped 7.78 percent year-on-year to Rs5.31 trillion but saw a marginal rise of 0.93 percent month-on-month. Borrowing in the construction sector reached Rs203.18 billion, up 0.15 percent from the previous year and 2.56 percent from October.
Notably, loans for agriculture, forestry, and fishing sectors rose sharply to Rs551.51 billion, registering a 26.85 percent increase year-on-year and a 7.73 percent rise from the previous month.
The SBP’s data reflects a mixed picture, with strong growth in certain sectors like automobiles and agriculture, while manufacturing and personal loans remain under pressure due to higher costs and tighter financing conditions.
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