Policy rate kitni hai?

Policy rate 11.50% hai, aur corridor 10.50% se 12.50% tak.

KIBOR is the Karachi Interbank Offered Rate, the rate at which banks lend to each other. Many car, home and business loans are priced as KIBOR plus the bank’s margin, so they move when KIBOR moves.

KIBOR woh rate hai jis par banks aapas mein qarz dete hain. Aapke loan ka rate aam tor par KIBOR aur bank ke margin ko jod kar banta hai.

When is the next SBP Monetary Policy Committee meeting?

The next MPC meeting is on 26 October 2026; the statement is released the same day.

SBP policy rate today

Current policy rate

11.50%

Interest rate corridor: 10.50% – 12.50% · as of 23 October 2026

Source: sbp.org.pk

Next MPC meeting

26 October 2026

KIBOR today

The daily KIBOR fix (3M, 6M, 12M bid and offer) is published by the State Bank at sbp.org.pk.

What it means for your loan

Many car, home and business loans are priced as KIBOR plus the bank’s margin. When the policy rate rises, KIBOR usually follows, and a floating-rate loan can cost more at its next repricing; a fixed-rate loan does not change straight away. Ask your bank for the exact instalment: we do not estimate EMIs.

FY27 MPC meeting dates

26 October 2026
14 December 2026
25 January 2027
8 March 2027
26 April 2027
17 June 2027

Official calendar: sbp.org.pk

Questions readers ask

The State Bank of Pakistan policy rate is 11.50% (as of 23 October 2026). This page is updated after each Monetary Policy Committee statement.