Model 3 Car Loan Calculator
Calculate your monthly EMI for Model 3 based on your down payment, loan term, and bank interest rate.
Rs. 1.50 Cr
20% — Rs. 30 Lakh
15%50%
5 years
23%
18%30%
Monthly Payment (EMI)
Rs 338,286
per month for 60 months
Down Payment
Rs. 30 Lakh
Loan Amount
Rs. 1.20 Cr
Total Payment
Rs. 2.03 Cr
Total Interest
Rs. 83.0 Lakh
Note: Rates are indicative. Actual bank rate depends on SBP policy rate, your credit profile, and bank-specific charges. Islamic financing uses profit rates, not interest.
Banks Offering Car Loans in Pakistan
Meezan Bank (Islamic)
IslamicRate
23%
Min Down
20%
Max Term
5 yrs
Diminishing Musharakah — halal financing
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HBL Car Loan
ConventionalRate
24%
Min Down
20%
Max Term
5 yrs
Linked-rate product, varies with KIBOR
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Allied Bank
ConventionalRate
23.5%
Min Down
25%
Max Term
5 yrs
Competitive rates for salaried employees
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Bank Alfalah
ConventionalRate
24.5%
Min Down
20%
Max Term
7 yrs
Longest term up to 7 years
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Dubai Islamic Bank
IslamicRate
22.5%
Min Down
20%
Max Term
5 yrs
Diminishing Musharakah — competitive Islamic rates
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Faysal Bank (Islamic)
IslamicRate
23%
Min Down
15%
Max Term
5 yrs
Lowest down payment at 15%
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Documents Required for Car Loan
🪪CNIC copy (applicant + guarantor)
💰3 months bank statement
📋Salary slip or income proof
🏠Proof of residence (utility bill)
📱Employee card / appointment letter
📸Passport-size photographs