JS Bank Car Loan Calculator — JS CarAamad Rates & Terms
What JS Bank's car financing actually costs before you run the numbers on a calculator.
- 1Y KIBOR + 7% (Floating)
- 15% Min. Down Payment
- 1–7 Year Tenure
- Last Verified: 11 Sep 2026
JS CarAamad, JS Bank's auto financing product, prices at a floating rate of 1-Year KIBOR + 7% or a fixed rate of 1-Year KIBOR + 10%. It requires a minimum 15% down payment, runs tenures from 1 to 7 years, and covers financing from PKR 300,000 up to PKR 50 million on new, used, and imported vehicles.
Before you run any numbers through a calculator, it's worth knowing the rate structure — KIBOR (the Karachi Interbank Offered Rate) is the variable your monthly installment ultimately tracks, and it moves periodically.
JS CarAamad at a Glance
| Feature | Detail |
|---|---|
| Markup Rate (Floating) | 1-Year KIBOR + 7% |
| Markup Rate (Fixed) | 1-Year KIBOR + 10% |
| Minimum Down Payment | 15% of vehicle value |
| Financing Tenure | 1 to 7 years |
| Financing Amount | PKR 300,000 to PKR 50 million |
| Vehicle Types | New, used, and imported cars |
| Insurance Options | EFU General, Adamjee General, Shaheen, TPL Direct, Askari General |
Rate and eligibility details confirmed from JS Bank's official JS CarAamad page. KIBOR-linked rates change with the benchmark rate — always confirm the current 1-Year KIBOR figure before estimating your installment.
A note on down payment and financing limits: JS Bank's own published materials aren't fully consistent here. Its dedicated JS CarAamad product page and Schedule of Charges support the 15% minimum down payment and PKR 300,000–50 million range shown above, and third-party dealer sources corroborate the same figures. Separately, a general car-financing guide published on JS Bank's own website cites a 30% minimum down payment and a PKR 3 million financing cap for vehicles above 1000cc — figures that appear to describe State Bank of Pakistan's general auto-financing prudential limits rather than JS CarAamad's specific product terms. Given the conflict sits within JS Bank's own site, confirm your exact down payment and financing limit directly with a branch or JS Bank's 24/7 Phone Banking team before applying.
JS CarAamad Fees & Charges
| Charge | Amount |
|---|---|
| Processing charges (incl. legal documents) | Rs. 7,500/- plus FED (Rs. 3,000/- upfront, Rs. 4,500/- at stage 2) |
| Late payment fee | Rs. 1,500/- per instance |
| Prepayment charges | 7.5% of principal, first two years only |
| Balloon payment / partial settlement | 25% of outstanding principal per year (not allowed in year 1); 6.5% penalty in year 2, 5.5% in year 3 |
| Vehicle repossession charges | At actual (maximum Rs. 56,000/- per instance) |
| Repossessed vehicle storage | At actual, daily basis (maximum Rs. 5,000/- per month) |
| Valuation charges | At actual (maximum Rs. 7,000/-) |
| Insurance charges | At actual (maximum Rs. 20,000/- per instance) |
| Secured Transaction Registry (STR) fee | Rs. 500/- (existing customer) / Rs. 1,000/- (new customer) |
Upfront processing charges are non-refundable and not an additional fee — the balance is paid at stage 2. Females, senior citizens, and persons with disability (PWDs) get a 50% blanket discount on the stage-2 processing charge portion.
Fee figures confirmed from JS Bank's official Schedule of Charges, July–Dec 2026 edition, Consumer Lending §G (JS CarAamad Auto Financing). Charges are subject to change — confirm current fees with JS Bank.
Eligibility
Salaried applicants must be between 21 and 60 years old (or retirement age), with a minimum gross monthly salary of Rs. 50,000. Self-employed applicants can apply between 21 and 70 years old at the end of the financing tenure, with a minimum average monthly balance of Rs. 100,000. A co-borrower facility is available, and existing JS Bank customers with at least a 6-month deposit relationship may find the process faster.
JS CarAamad Instalment Calculator — Floating vs. Fixed Compared
JS CarAamad prices off 1-Year KIBOR plus a spread — floating at KIBOR + 7%, fixed at KIBOR + 10%. Most calculators only show one rate at a time; this one shows both side by side so you can see exactly what the fixed-rate premium costs you, plus a year-by-year breakdown of principal vs. interest. Enter the car price and down payment, and update the KIBOR figure from SBP's published rate if it's moved since this page was last verified.
Vehicle value, new or used
JS CarAamad minimum is 15%
SBP offer rate, 19 Aug 2026 — check for the latest
JS CarAamad runs 1–7 years
Year-by-Year Breakdown (Floating Rate)
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|
Illustrative estimate only — not an official bank quotation. Assumes the applicable rate (KIBOR + spread) stays constant for the full tenure; in reality the floating rate resets periodically with KIBOR while the fixed rate stays locked. Excludes insurance, tracker, registration, and processing fees.
How to Verify the Latest Information
This page was last verified on 11 Sep 2026. Figures and details around markup rates, tenure, and required documents can change without notice, so before relying on anything here for a decision, cross-check it against JS Bank's official JS CarAamad page — the authoritative, always-current source.
FAQs
What is JS CarAamad's markup rate?
JS CarAamad offers a floating rate of 1-Year KIBOR + 7%, or a fixed rate of 1-Year KIBOR + 10%, as published on JS Bank's official car financing page.
What is the minimum down payment for a JS Bank car loan?
JS CarAamad requires a minimum down payment of 15% of the vehicle value, with financing tenures from 1 to 7 years.
Good For
- Understanding the actual markup structure behind JS CarAamad
- Knowing the minimum down payment before you calculate an installment
- Checking eligibility before applying
- Comparing fixed vs. floating rate options
Ready to estimate your car loan installment?
Use JS Bank's own car loan calculator for a rate-accurate estimate.
For independent verification, see JS Bank JS CarAamad Page, State Bank of Pakistan (for current KIBOR).