KIBOR Rate Today in Pakistan, 6 November 2026: 6 Month 12.57%, 1 Year 12.94% (Every Tenor)
KIBOR on 6 November 2026 is 12.37% for 3 months, 12.57% for 6 months and 12.94% for 1 year, up to 0.04 point higher. See every tenor and your loan cost change.
KIBOR on 6 November 2026 is 12.37% for 3 months, 12.57% for 6 months and 12.94% for 1 year, on the offer side of the State Bank of Pakistan's sheet. The 6 month rate, one of the two that car and home loans commonly follow, rose 0.01 point from 12.56%. Every tenor rose a little on Friday, after Thursday's big fall. The rise is small: only 0.01 to 0.04 point.
We read the State Bank's KIBOR sheet for Friday 6 November and compared it with the earlier sheets recorded on our pages. Below is every tenor with bid and offer, how far each one has moved this month, what it means for a loan priced on KIBOR, and when the next sheet is due. KIBOR is the rate at which banks say they will lend to each other, and most floating loans in Pakistan are priced from it.
KIBOR for every tenor on 6 November 2026
The State Bank's sheet for 6 November gives seven tenors, from 1 week to 1 year. Offer rates run from 12.37% for 3 months to 12.94% for 1 year. Bid rates are 0.25 to 0.50 point lower. All seven offer rates rose from Thursday.
| Tenor | Bid, 6 Nov | Offer, 6 Nov | Offer, 5 Nov | Change |
|---|---|---|---|---|
| 1 week | 11.89% | 12.39% | 12.35% | Up 0.04 |
| 2 weeks | 11.89% | 12.39% | 12.37% | Up 0.02 |
| 1 month | 11.91% | 12.41% | 12.38% | Up 0.03 |
| 3 months | 12.12% | 12.37% | 12.36% | Up 0.01 |
| 6 months | 12.32% | 12.57% | 12.56% | Up 0.01 |
| 9 months | 12.39% | 12.89% | 12.86% | Up 0.03 |
| 1 year | 12.44% | 12.94% | 12.92% | Up 0.02 |
Thursday's sheet and its fall are in KIBOR on 5 November. The plain guide to the benchmark is KIBOR rate today.
Friday kept most of Thursday's fall
On Thursday the 6 month rate fell 0.11 point in one day, and the 1 year rate 0.12 point. Friday took back only 0.01 and 0.02 point. So most of Thursday's fall held. The 6 month rate is still 0.10 point below where it stood on 4 November, and 0.11 point below 2 November.
| Tenor, offer | 23 October | 4 November | 5 November | 6 November |
|---|---|---|---|---|
| 1 week | 11.86% | 12.37% | 12.35% | 12.39% |
| 1 month | 11.93% | 12.43% | 12.38% | 12.41% |
| 3 months | 12.00% | 12.44% | 12.36% | 12.37% |
| 6 months | 12.41% | 12.67% | 12.56% | 12.57% |
| 1 year | 12.75% | 13.04% | 12.92% | 12.94% |
The State Bank has not changed the policy rate. It is still 12%, and the next meeting is on 14 December 2026, as listed in the next SBP meeting date. KIBOR is a market rate quoted daily by banks, so it can move without any State Bank decision. The State Bank gave no reason for Friday's small rise, and we do not guess at one.
KIBOR is still above where it was before the rate rise
On 23 October, before the State Bank raised the policy rate, 6 month KIBOR was 12.41% and 3 month KIBOR 12.00%. On 6 November they are 12.57% and 12.37%. So the 6 month rate is 0.16 point above that level and the 3 month rate 0.37 point above. Every day of last month is in the KIBOR history for October 2026, and the decision itself is in the SBP rate rise to 12%.
A loan of Rs 10 lakh resetting on Friday costs about Rs 8 a month more than on Thursday
If your loan resets on 6 month KIBOR on 6 November instead of 5 November, the 0.01 point rise adds about Rs 100 a year on every Rs 10 lakh you still owe. That is roughly Rs 8 a month. Your bank's margin stays the same. Only the KIBOR part moves, and only on your reset date.
| Reset on 6 November, compared with | 6 month KIBOR change | Yearly cost per Rs 10 lakh | Monthly |
|---|---|---|---|
| 5 November | Up 0.01 | Rs 100 more | About Rs 8 more |
| 4 November | Down 0.10 | Rs 1,000 less | About Rs 83 less |
| 23 October | Up 0.16 | Rs 1,600 more | About Rs 133 more |
These figures are our own arithmetic on the State Bank's rates, not a quote from any bank. Savers feel the other side. Floating term deposits that pay "KIBID minus a margin" move with the bid column, and 6 month KIBID is now 12.32%.
How to check your loan rate against KIBOR
Find which tenor your loan uses, usually 3 or 6 month KIBOR, and the date it last reset. Then add your bank's margin to the offer rate for that tenor on the reset date.
- Open your loan agreement or your latest statement and note the benchmark, for example "6 month KIBOR plus 3%".
- Note your last and next reset dates.
- Open the State Bank's KIBOR sheet for the reset date and read the offer rate for your tenor.
- Add your margin. That is your new yearly rate.
- Multiply your outstanding balance by the change in KIBOR to see the yearly difference, then divide by 12.
The "plus 3%" above is only an example. Banks set margins customer by customer, and we did not check any bank's margin. The State Bank will be closed on Monday 9 November for Allama Iqbal Day, so the next sheet is expected on Tuesday 10 November. The next Treasury bill auction is on 11 November, covered in the 11 November T-bill auction.
Common questions
What is the 6 month KIBOR rate on 6 November 2026?
12.57% offer and 12.32% bid on the State Bank of Pakistan's sheet, up 0.01 point from 5 November.
What is the 3 month KIBOR rate on 6 November 2026?
12.37% offer and 12.12% bid, up 0.01 point from 5 November.
What is 1 year KIBOR on 6 November 2026?
12.94% offer and 12.44% bid, up 0.02 point from 12.92%.
Did the State Bank change the policy rate?
No. The policy rate is still 12%. KIBOR is quoted by banks every working day and moved on its own.
When is the next KIBOR sheet?
KIBOR is set on working days only. Saturday and Sunday have no sheet, and the State Bank is closed on Monday 9 November, so the next one is expected on Tuesday 10 November.
How we verified this
What we checked, where we read it, and what we could not confirm.
Last checked 7 November 2026 at about 04:10 PKT. We read the State Bank of Pakistan's KIBOR sheet for 6 November 2026. Rates for earlier dates come from the State Bank sheets recorded on our earlier pages. The closure is from the State Bank press release of 5 November 2026. Every change and loan figure is our own arithmetic. We did not check any bank's loan margins.
About the author
Senior Writer, Public Services and Technology
Shahid joined us in 2024 as an author. He is a senior contributor to Pakistan's leading technology websites. He writes detailed articles, mostly covering his expertise in the latest tech, mobiles, apps, gadgets, and step-by-step guides. His ideology is to help people understand the latest trends and explain complex methods through very easy-to-understand guides.
