Karachi March 18 2022: Car financing in Pakistan soared to PKR 357 billion as of February 2022, as the latest data released by the State Bank of Pakistan.
During the month of February 2022, car loans witnessed an increase of 30.9 percent year-on-year basis, mainly due to launch of new models by auto assemblers.
On month on month basis, car loans also increased by 1.3 percent.
