About Pakistan Loan EMI Calculator
This free calculator helps you estimate the monthly instalment (EMI) for car, bike and personal loans from major Pakistani banks including Meezan Bank, HBL, UBL, MCB, Bank Alfalah, Allied Bank, Faysal Bank, JS Bank and Standard Chartered. Pick a loan category, choose the bank, and the calculator pre-fills the typical markup rate, maximum tenure and maximum loan amount that bank usually offers in Pakistan.
The formula used is the standard reducing-balance EMI: EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the principal, r is the monthly markup rate, and n is the number of months. For Islamic financing such as Car Ijarah or Diminishing Musharakah, the EMI structure is similar in cash-flow terms, even though the underlying contract is rent or co-ownership rather than interest. Always confirm the final number with your bank, as processing fees, takaful, insurance and registration are not included here.
How to use
- Select loan type: Car, Bike or Personal.
- Pick a Pakistani bank — rate, max tenure and max amount auto-fill.
- Adjust the markup rate within the bank's typical range.
- Set tenure (capped at the bank's maximum).
- See your EMI, total markup, and total payable instantly.