The Bank of Khyber Car Loan Calculator 2026
BOK Car Finance β estimate your monthly installment instantly.
Rates last reviewed: November 2026 Β· 1-Year KIBOR 10.89%
The Bank of Khyber Calculator
Adjust the fields below to estimate your monthly installment
About BOK Car Finance
The Bank of Khyber (BOK), headquartered in Peshawar and majority-owned by the Government of Khyber Pakhtunkhwa, is one of the few Pakistani banks offering car financing under both conventional and Shariah-compliant Islamic (Sarmaya Munafa) structures under one roof. This gives customers the flexibility to choose the mode that best fits their financial and religious preferences, without having to switch banks.
Financing is available for new and used locally assembled vehicles up to PKR 3,000,000, with markup priced as KIBOR plus a spread ranging from roughly 2% to 5% depending on the product variant, customer segment and tenure selected. BOK has a growing branch presence particularly strong in Khyber Pakhtunkhwa, alongside branches in major cities across Pakistan.
Eligibility Criteria
π Salaried Individuals
- Pakistani national with valid CNIC
- Minimum 6 months in current employment (permanent or contractual)
- Verifiable, regular monthly income meeting the bank's minimum income threshold
- Clean eCIB credit history required
- Debt Burden Ratio within the bank's approved limit
- Salary account with BOK may support faster processing
π’ Self-Employed / Business
- Pakistani national with valid CNIC
- Minimum 1 year of continuous involvement in current business or profession
- Verifiable business income through bank statements
- Valid business registration / NTN where applicable
- Clean eCIB credit history required
- Debt Burden Ratio within bank-approved limits
Required Documents
π Salaried Individuals
- Copy of valid CNIC
- Latest salary slip or employer-issued salary certificate
- Last 6 months' personal bank statement
- Employment/service confirmation letter
- Vehicle proforma invoice from an authorized dealer
- Recent passport-size photographs
π Self-Employed / Business
- Copy of valid CNIC
- Business proof β NTN, partnership deed, or registration certificate
- Last 6 months' business bank statement
- Latest tax return where applicable
- Vehicle proforma invoice from an authorized dealer
- Recent passport-size photographs
How to Apply
BOK offers both branch-based and, where available, digital application channels for its car finance products.
Choose Your Mode
Decide between conventional financing or the Shariah-compliant Islamic option based on your preference.
Visit / Apply
Visit your nearest BOK branch or contact the helpline to start your application with the relevant documents.
Submit Documents
Provide CNIC, income proof, bank statements and the vehicle proforma invoice.
Approval & Delivery
Once approved, pay your down payment and collect your vehicle from the dealer.
How This Estimate Is Worked Out
The calculator uses the reducing balance method that Pakistani banks use for car finance: each month's markup is charged only on the amount still outstanding, so the share going to the car's price grows every month. Because BOK Car Finance is priced at 1-Year KIBOR plus a spread of about 3.5%, we add that spread to the current KIBOR of 10.89%, which gives 14.39% a year. On a variable plan this rate is reset once a year on your loan anniversary.
For example, on a PKR 3,000,000 car with the minimum down payment, the bank finances PKR 2,100,000. Over 5 years (60 months) the monthly installment comes to about PKR 49,289, and you pay roughly PKR 857,338 in markup over the full term. SBP rules cap the amount any one person can borrow for cars across all banks at PKR 3,000,000, ask for at least 30% down, and limit cars above 1000cc to 3 years, so the calculator applies those limits automatically. Read how we calculate for the full method.
The Bank of Khyber Car Installment Plan 2026
Monthly installment for popular locally assembled cars at The Bank of Khyber's indicative markup of about 14.39% 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%.
| Car | Down payment | 3 yrs / month | 5 yrs / month |
|---|---|---|---|
| Suzuki Every VXR | 889,560 | 71,334 | 48,717 |
| Suzuki Alto VXR | 898,458 | 72,048 | 49,205 |
| Suzuki Alto VXR AGS | 949,944 | 76,176 | 52,024 |
| Suzuki Alto VXL AGS | 997,934 | 80,025 | 54,652 |
| Suzuki Cultus VXR | 1,226,847 | 98,381 | 67,189 |
| Suzuki Cultus VXL AGS | 1,591,460 | 103,102 | 70,413 |
| Suzuki Swift GL | 1,460,160 | 103,102 | 3 yrs max |
| Suzuki Swift GLX CVT | 1,766,190 | 103,102 | 3 yrs max |
| Toyota Yaris 1.3 GLi MT | 1,649,000 | 103,102 | 3 yrs max |
| Toyota Yaris 1.3 GLi CVT | 1,809,000 | 103,102 | 3 yrs max |
| Honda City 1.2LS | 1,737,000 | 103,102 | 3 yrs max |
| Honda City Aspire 1.5 | 3,069,000 | 103,102 | 3 yrs max |
| Suzuki Fronx GL 5MT | 2,999,999 | 103,102 | 3 yrs max |
| Toyota Corolla 1.6 MT | 3,099,000 | 103,102 | 3 yrs max |
| Toyota Corolla Altis 1.8 CVT | 4,029,000 | 103,102 | 3 yrs max |
| Hyundai Elantra 1.6 SE | 3,449,000 | 103,102 | 3 yrs max |
| Honda HR-V VTi-S | 4,299,000 | 103,102 | 3 yrs max |
| Toyota Corolla Cross 1.8 | 4,235,000 | 103,102 | 3 yrs max |
| Honda Civic Oriel | 5,834,000 | 103,102 | 3 yrs max |
All figures in PKR. Insurance or takaful (roughly 1.5β3% 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.
Frequently Asked Questions
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