Sindh Bank KIBOR Rates
What KIBOR is, why Sindh Bank's variable-rate loans move with it, and where to check the actual current rate rather than a number that's already gone stale.
- Changes Daily
- Drives Loan Markup
- Published by FMAP
KIBOR moves daily. Rather than quote a specific rate here that would be out of date within hours of publishing, this page explains what it is and links directly to Sindh Bank's live rate page and the State Bank of Pakistan's official data — check those for today's actual number.
KIBOR — the Karachi Interbank Offered Rate — is the benchmark interest rate Pakistani banks use to lend to each other, published daily by the Financial Market Association of Pakistan. It matters to you as a customer because Sindh Bank, like most Pakistani banks, prices many of its variable-rate financing products off KIBOR plus a fixed spread, rather than a flat rate that never changes.
- What It Is
- Interbank Lending Benchmark
- Published By
- Financial Market Association of Pakistan
- Common Tenors
- 3-Month, 6-Month, 12-Month
- Update Frequency
- Daily
Why This Matters for Your Sindh Bank Loan
Not every Sindh Bank product moves with KIBOR — it depends on whether the specific product is priced as a variable (KIBOR-linked) or fixed rate. Here's how it plays out across products already covered on this site:
Benazir Zarai Khushhali Program
Explicitly priced at 6-Month KIBOR plus 3.5% per annum — a textbook example of a KIBOR-linked rate.
Car Loan (Auto Finance)
Typically benchmarked off KIBOR even under its current Shariah-compliant profit-rate structure, though the exact live rate needs branch confirmation.
Wazir-e-Azam Apna Ghar Program
The opposite case — a flat, government-subsidized 5% markup that does not move with KIBOR at all.
The practical takeaway: whenever a Sindh Bank product's terms reference "markup," check whether it's stated as a flat percentage (fixed, like Apna Ghar) or as a spread over KIBOR (variable, like Zarai Khushhali) — the two behave very differently over the life of a loan.
Where to Check Today's Rate
Since KIBOR is a daily-published rate, the only way to get an accurate current figure is directly from a live source — not from a page like this one, however recently it was written.
Sindh Bank's Own Page
Sindh Bank publishes its own Kibor Rates page, updated regularly, reflecting the rate it uses for its own pricing.
State Bank of Pakistan
SBP's economic data section publishes KIBOR independently across all standard tenors (overnight through 12-month), as the authoritative national source.
More on Sindh Bank
Trade Services
Export finance and LC facilities.
Bank Overview
History, leadership, ownership, and key facts.
Forex Rates
USD/PKR and other exchange rates.
Agricultural Loans
Crop, dairy, poultry, and tractor financing.
Car Loan (Sa'adat Auto Finance)
Auto finance structure and rates.
House Loan (Nasheman)
Home finance structure and rates.
Trade Services
Export finance and LC facilities.
For independent verification, see the State Bank of Pakistan's economic data, Sindh Bank's own Kibor Rates page.
Frequently Asked Questions
What is KIBOR?
KIBOR (Karachi Interbank Offered Rate) is the benchmark interest rate at which banks lend to each other in Pakistan's interbank market. It's published daily by the Financial Market Association of Pakistan and is the standard reference rate banks use to price variable-rate loans.
Where can I check today's KIBOR rate for Sindh Bank?
Directly on Sindh Bank's official Kibor Rates page, which is updated regularly, or via the State Bank of Pakistan's economic data section, which publishes the same benchmark rates independently.
Which Sindh Bank products are priced off KIBOR?
Variable-rate financing products typically reference KIBOR plus a spread — for example, the Benazir Zarai Khushhali Program agricultural loan is explicitly priced at 6-Month KIBOR plus 3.5% per annum. Fixed-rate or government-subsidized products, such as the flat-5% Wazir-e-Azam Apna Ghar Program, do not move with KIBOR.
Compare Sindh Bank With
Every Pakistani bank references the same national KIBOR benchmark — here's how Sindh Bank compares on the products built around it.
Last Verified: August 21, 2026