πŸ•Œ Askari Ikhlas Islamic Banking

Askari Ijarah Bis Sayyarah
Calculator 2026

Shariah-compliant car leasing. Fixed rental rate for the entire tenure. No Riba.

Fixed RateFull Tenure
2–5 YrsTenure
30%+Security Deposit
No RentalsBefore Delivery

Ijarah Calculator

Enter vehicle value, tenure and security deposit  Β·  View on Askari Bank β†—

Vehicle ValuePKR 2,100,000
Tenure in Years5 Years
25
Security Deposit30%
30%70%
Engine Capacity
πŸ“Œ Note: Fixed rental rate for the entire tenure. Rental starts only after vehicle delivery. Indicative, exclusive of Takaful and Tracker. Contact Askari Bank at 111-000-787.

Askari Ijarah Bis Sayyarah β€” Overview

A fully Shariah-compliant car leasing solution. A key advantage is its fixed rental rate for the entire tenure β€” your monthly payment stays the same from Day 1 to the final installment.

Eligibility Criteria

πŸ‘” Salaried

  • Age 21–60 years at maturity
  • Minimum 6 months in current organization

🏒 Self-Employed

  • Age 21–65 years at maturity
  • Minimum 6 months in current business

Frequently Asked Questions

Is the rental rate fixed or can it change?
Askari Ijarah offers a fixed rental rate for the entire tenure β€” it does not change once approved.
When does my rental payment start?
Only after the vehicle is physically delivered to you.
What happens if my car is stolen or destroyed?
Ijarah rentals stop immediately and your security deposit is refundable.

Ready to Apply for Askari Ijarah?

Calculate your rental above, then apply via Askari Bank.

Askari Bank Car Installment Plan 2026

Monthly rental for popular locally assembled cars at Askari Bank's indicative rental rate of about 15.50% a year. Prices are the makers' listed ex-factory prices on 4 November 2026. Each row follows SBP rules: at least 30% down, no more than PKR 3,000,000 financed, and a maximum of 3 years for cars above 1000cc. That is why the down payment on bigger cars is more than 30%.

CarPriceDown paymentFinanced3 yrs / month5 yrs / month
Suzuki Every VXR 2,965,200 889,560 2,075,640 72,462 49,926
Suzuki Alto VXR 2,994,861 898,458 2,096,403 73,187 50,425
Suzuki Alto VXR AGS 3,166,480 949,944 2,216,536 77,381 53,315
Suzuki Alto VXL AGS 3,326,446 997,934 2,328,512 81,290 56,008
Suzuki Cultus VXR 4,089,490 1,226,847 2,862,643 99,937 68,856
Suzuki Cultus VXL AGS 4,591,460 1,591,460 3,000,000 104,732 72,160
Suzuki Swift GL 4,460,160 1,460,160 3,000,000 104,732 3 yrs max
Suzuki Swift GLX CVT 4,766,190 1,766,190 3,000,000 104,732 3 yrs max
Toyota Yaris 1.3 GLi MT 4,649,000 1,649,000 3,000,000 104,732 3 yrs max
Toyota Yaris 1.3 GLi CVT 4,809,000 1,809,000 3,000,000 104,732 3 yrs max
Honda City 1.2LS 4,737,000 1,737,000 3,000,000 104,732 3 yrs max
Honda City Aspire 1.5 6,069,000 3,069,000 3,000,000 104,732 3 yrs max
Suzuki Fronx GL 5MT 5,999,999 2,999,999 3,000,000 104,732 3 yrs max
Toyota Corolla 1.6 MT 6,099,000 3,099,000 3,000,000 104,732 3 yrs max
Toyota Corolla Altis 1.8 CVT 7,029,000 4,029,000 3,000,000 104,732 3 yrs max
Hyundai Elantra 1.6 SE 6,449,000 3,449,000 3,000,000 104,732 3 yrs max
Honda HR-V VTi-S 7,299,000 4,299,000 3,000,000 104,732 3 yrs max
Toyota Corolla Cross 1.8 7,235,000 4,235,000 3,000,000 104,732 3 yrs max
Honda Civic Oriel 8,834,000 5,834,000 3,000,000 104,732 3 yrs max

All figures in PKR. Insurance or takaful (roughly 1.5–3% of the car's value a year), tracker, registration and withholding tax are extra and paid upfront or yearly. The bank's final rate depends on your profile and KIBOR on the day of approval. See the installment plan for all 24 banks or check which car your salary can finance.