HBL Loan Comparison Tool (All HBL Products)
HBL offers five main loan products — Car, Personal, Home, Business, and Solar — each with different markup rates, tenures, and collateral requirements. Car and Personal loans suit short-term needs (12 to 48 months), while Home loans stretch to 25 years. Comparing them side by side helps you match the right HBL product to your actual financial goal.
HBL Multi Product Loan Calculator
Customize loan parameters to calculate your monthly HBL installment:
HBL CAR Loan Repayment Schedule
Complete month-by-month and yearly principal vs. markup distribution
PKR 47,057
PKR 2,000,000
PKR 823,394
PKR 2,823,394
| Year | Payment | Principal | Interest | Ending Balance |
|---|---|---|---|---|
| Yr 1 | 564,684 | 293,688 | 270,990 | 1,706,311 |
| Yr 2 | 564,684 | 339,222 | 225,458 | 1,367,090 |
| Yr 3 | 564,684 | 391,815 | 172,867 | 975,277 |
| Yr 4 | 564,684 | 452,558 | 112,121 | 522,720 |
| Yr 5 | 564,684 | 522,720 | 41,959 | 0 |
All figures in PKR. Rotate your phone or view on a larger screen for the full breakdown (balance & cumulative interest columns).
HBL Cross Product Loan Comparison Matrix
| HBL Product | Rate Range (% p.a.) | Max Tenure | Security / Advance Payment | SBP Regulations |
|---|---|---|---|---|
| HBL CarLoan / Ijarah | 11.99% to 16.66% | 5 Years (7 Yrs for EV) | 30% to 50% Equity | PKR 3M Max Cap |
| HBL PersonalLoan | 27.00% to 35.99% | 4 Years | Clean (No Collateral) | PKR 3M Max Cap |
| HBL Islamic Home Finance | 14.66% to 15.91% | 25 Years | 20% to 25% Advance | 50% DBR Limit |
| HBL Solar Financing | 6.00% to 8.50% | 5 Years | Hypothecation of Solar Panels | SBP Concessional |
| HBL PMYBALS Youth Loan | 0%, 5%, 7% Fixed | 8 Years | Tiered Guarantee / Mortgage | Govt Subsidized |
Which HBL Loan Is Right for You?
- • Buying a car: Car Loan or Islamic Car Ijarah
- • Buying, building, or renovating a home: Home Loan, or Roshan Apna Ghar if you're overseas
- • Need cash for a personal expense: Personal Loan or ReadyCash
- • Running or starting a business: PMYBALS if you're 21-45, otherwise Small Business Finance or Asaan Finance
- • Installing solar panels: SBP Renewable Energy Scheme or a Personal Loan
Secured vs Unsecured — How HBL Products Differ
Car and home loans are secured against the vehicle or property itself, which is why their rates run lower than a Personal Loan or Asaan Finance, both unsecured and priced higher to compensate for the lack of collateral. Solar financing under the SBP scheme sits in between — often lightly secured or collateral-light depending on category — while PMYBALS scales its security requirement by tier.
Can You Combine Multiple HBL Loans?
Yes, there's no rule against holding a car loan, a personal loan, and a home loan simultaneously. What limits you is your Debt Burden Ratio: your combined installments across every facility (at HBL and elsewhere, checked via your eCIB report) must stay within SBP's 40% cap for consumer loans or 50% for mortgages. Use the Loan Affordability Calculator to check your combined capacity before applying for an additional facility.
Eligibility Comparison Across Products
Minimum income requirements scale with the product: personal and car loans need a modest verifiable salary (from PKR 35,000), while home loans and larger business facilities require substantially higher income to clear their respective DBR caps at typical loan sizes. See each product's dedicated eligibility page — car, personal, home, business — for exact figures.
Frequently Asked Questions
Which HBL loan product offers the lowest interest rate?
HBL PM Youth Business Loans (PMYBALS Tier 1) offer 0% markup, followed by SBP-scheme HBL Solar Financing (~6.00% to 8.50%, subject to current scheme availability) and subsidized Roshan Apna Ghar housing loans (4% to 9%). Conventional HBL car loans range from 11.99% to 16.66%, while clean personal loans range from 27% to 36%.
Which HBL loan is right for me?
Buying a car → Car Loan or Islamic Car Ijarah. Buying/building/renovating a home → Home Loan or Roshan Apna Ghar if you're overseas. Need cash for a personal expense → Personal Loan or ReadyCash. Running or starting a business → PMYBALS if you're 21-45, otherwise Small Business Finance or Asaan Finance. Installing solar → the SBP Renewable Energy Scheme or a Personal Loan.
Does HBL Car Loan or HBL Solar Loan have the lower markup?
Solar financing under the SBP scheme (6.00% to 8.50%) is typically much lower than a conventional Car Loan (11.99% to 16.66%), but solar financing is subject to category eligibility and scheme allocation availability, while the car loan rate is reliably available to any qualifying applicant.
Can overseas Pakistanis get financing across all HBL products, or just car loans?
HBL offers NRP-specific routes across multiple products: Roshan Apni Car for vehicles and Roshan Apna Ghar for property, both using a Roshan Digital Account. Personal loans, business financing, and solar financing don't currently have a dedicated NRP-specific route in the same way — check directly with HBL for overseas eligibility on those products.
What is the maximum I can borrow across all HBL products combined?
There's no single combined ceiling — each product has its own cap (PKR 3M for clean personal loans and standard car loans, PKR 50M+ for home financing, PKR 20M for Small Business Finance). What does apply across products is your Debt Burden Ratio: total installments across every facility you hold must stay within SBP's 40% (consumer) or 50% (mortgage) cap on your income.