Car ownership in Pakistan is becoming more attainable as banks step up lending, leading to a noticeable rise in demand for vehicles across the country.
Data released by the State Bank of Pakistan (SBP) shows that bank financing for car purchases climbed to Rs 318 billion in November 2025, marking a significant increase of 35.5 per cent compared to Rs 235 billion recorded in the same month last year.
On a month-on-month basis, car financing also registered a modest rise of 0.8 per cent, up from Rs 315 billion in October 2025, indicating a steady upward trend in auto lending.
Experts say the growth in car loans reflects improved access to financing, with banks playing a key role in supporting consumer demand and making vehicle ownership more feasible for a wider segment of the population.
Economists view the trend as a positive sign for the economy, suggesting progress toward more affordable and accessible financing options.
They note that easier credit conditions could encourage more Pakistanis to consider purchasing personal vehicles, potentially boosting activity in the auto and allied industries.
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