MCB Car4U·KIBOR + 2.0%–3.0% (≈14.05–15.05% today)Not published by MCB — indicative only, confirm at branch
Where this number comes from: MCB does not publish a governing markup rate for MCB Car4U on its own website. The figure above is compiled from third-party sources and has not been confirmed by the bank. Use it to size a monthly payment, not to decide between lenders — call MCB for a quote before you commit.
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MCB Car Loan Calculator Pakistan 2026
Estimate your MCB Car4U monthly instalment, then compare it side by side against every other major bank. SBP tenure rules applied automatically.
📋 Loan details
30% of vehicle price (SBP minimum: 30%)
ℹSBP rule: max tenure 3 years for vehicles above 1000cc.
✓ Your estimate
Monthly installment
PKR 108,503 /mo
Loan amountPKR 3,150,000
Total markup / interestPKR 756,105
Total payablePKR 3,906,105
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Your estimated EMI: PKR 108,503/mo
Amortization schedule
Year-by-year breakdown of principal vs. interest, and your remaining balance.
| Year | Payment | Principal | Interest | Remaining balance |
|---|---|---|---|---|
| 1 | PKR 1,302,035 | PKR 902,312 | PKR 399,723 | PKR 2,247,688 |
| 2 | PKR 1,302,035 | PKR 1,042,717 | PKR 259,318 | PKR 1,204,971 |
| 3 | PKR 1,302,035 | PKR 1,204,971 | PKR 97,064 | PKR 0 |
Compare bank rates
| Bank | Rate | Max tenure | Max financing | Est. monthly |
|---|---|---|---|---|
| Bank AL Habib Apni Carconventional | 14.55–15.55%* | 3 yrs | 70% of vehicle value | PKR 109,273/mo |
| Bank Alfalah Autoconventional | 15.55–16.55% | 3 yrs | PKR 6,000,000 at 15% down; above at 20% down | PKR 110,822/mo |
| HBL Car Loanconventional | 13.99% fixed* | 3 yrs | 70% of value; PKR 200,000–3,000,000 | PKR 107,644/mo |
| UBL Driveconventional | 16.30–17.30% | 3 yrs | PKR 4,000,000 (70% of value) | PKR 111,993/mo |
| MCB Car4Uconventionalviewing | 14.05–15.05%* | 3 yrs | PKR 6,000,000 new / PKR 4,000,000 used (70% of value) | PKR 108,503/mo |
| JS Bank Car Financeconventional | 16% fixed* | 3 yrs | PKR 3M (SBP cap) | PKR 113,092/mo |
🕒 Total markup = 1-year KIBOR (12.05%, SBP, 27 Jul 2026) + that bank's own spread, where applicable. Rates marked * are not published by the bank on its own website and are indicative only. SBP caps total auto financing at PKR 3,000,000 per person across all banks. Always confirm your exact offer with the bank directly.
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How MCB Car4U works
MCB Car4U is a conventional auto finance facility priced over 1-year KIBOR. MCB quotes a wide spread band, so the rate an individual applicant is offered depends heavily on income profile and relationship history.
What to check before applying to MCB
- The quoted spread range is unusually wide. Treat the lower bound as a best case available to existing MCB customers with strong income documentation.
- MCB applies a higher minimum income threshold than most peers on this list.
- Car4U covers new and used vehicles; used vehicles carry both a higher markup and a shorter maximum tenure.
Moneylyn is not affiliated with MCB. Rate figures are indicative, verified 2026-08-05, and change with SBP policy revisions and your individual profile. Always confirm current terms directly with the bank before applying.
Compare with other banks
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