Selected Toyota Corolla Altis variants could get about Rs 6 to 8 lakh cheaper under the Auto Policy 2026-31. If the cut reaches the Corolla X 1.6 MT, its price would fall from Rs 61,19,000 to about Rs 53,19,000 to Rs 55,19,000. Your monthly bank installment, however, stays at about Rs 1,03,263 (3 years, HBL 14.50%) because the Corolla is financed at SBP’s Rs 30 lakh cap. The saving comes off your down payment.
Toyota (Indus Motor) has not announced new prices, and the estimate covers “selected variants” only. We will update this page when official prices come out.
Last updated: 11 November 2026 by Ahmed Malik. Current prices from Toyota’s price list (as on our Corolla Meezan page); 1-year KIBOR 12.92%.
Toyota Corolla Expected New Price
| Variant | Current price | If Rs 6 lakh cut | If Rs 8 lakh cut |
|---|---|---|---|
| Corolla X 1.6 MT | Rs 61,19,000 | Rs 55,19,000 | Rs 53,19,000 |
| Corolla X 1.6 CVT-i | Rs 67,19,000 | Rs 61,19,000 | Rs 59,19,000 |
| Corolla X 1.8 CVT-i | Rs 70,49,000 | Rs 64,49,000 | Rs 62,49,000 |
| Corolla X 1.6 CVT-i SE | Rs 73,59,000 | Rs 67,59,000 | Rs 65,59,000 |
| Altis Grande 1.8 (Beige) | Rs 76,89,000 | Rs 70,89,000 | Rs 68,89,000 |
| Altis Grande 1.8 (Black) | Rs 77,29,000 | Rs 71,29,000 | Rs 69,29,000 |
The Rs 6 to 8 lakh range was reported for selected Corolla Altis variants after the policy announcement. Which variants qualify, and when, depends on Toyota’s own revised list.
Corolla Installment After the Price Cut
SBP rules: banks finance at most Rs 30 lakh per car, at least 30% down, and cars above 1000cc for up to 3 years. Every Corolla is financed at the Rs 30 lakh cap, so the installment is the same for all variants.
| Variant | Down payment now | Down payment after Rs 6 lakh cut | HBL 14.50%, 3 years | MCB KIBOR + 4%, 3 years |
|---|---|---|---|---|
| X 1.6 MT | Rs 31,19,000 (51%) | Rs 25,19,000 (46%) | Rs 1,03,263 | Rs 1,06,839 |
| X 1.6 CVT-i | Rs 37,19,000 (55%) | Rs 31,19,000 (51%) | Rs 1,03,263 | Rs 1,06,839 |
| X 1.8 CVT-i | Rs 40,49,000 (57%) | Rs 34,49,000 (53%) | Rs 1,03,263 | Rs 1,06,839 |
| X 1.6 CVT-i SE | Rs 43,59,000 (59%) | Rs 37,59,000 (56%) | Rs 1,03,263 | Rs 1,06,839 |
| Altis Grande 1.8 (Black) | Rs 47,29,000 (61%) | Rs 41,29,000 (58%) | Rs 1,03,263 | Rs 1,06,839 |
Installments on Rs 30 lakh financed, excluding insurance and tracker. Meezan Bank rounds its minimum deposit up (55% on the X 1.6 MT); see the Corolla Meezan installment plan.
Salary Needed for a Corolla on Installment
At about Rs 1,03,263 a month, banks would look for a take-home salary of roughly Rs 2,58,200 (40% rule), whichever variant you pick.
Corolla vs Yaris After the Cut
Both cars have the same installment because both hit the Rs 30 lakh cap; the difference is only in the down payment. The Yaris 1.5 is expected to fall by about Rs 7 lakh. See the Yaris expected new price.
Corolla New Price: FAQs
What will be the new price of Toyota Corolla?
If selected variants get the reported Rs 6 to 8 lakh cut, the X 1.6 MT would cost about Rs 53 to 55 lakh instead of Rs 61.19 lakh. Toyota has not confirmed new prices.
Will the Corolla installment go down?
No. The Corolla is financed at the Rs 30 lakh cap, so the 3-year installment stays about Rs 1,03,263 at HBL. The cut lowers the down payment.
Corolla ki nayi qeemat kya hogi?
Kuch Altis variants Rs 6 se 8 lakh tak saste ho sakte hain. X 1.6 MT takreeban Rs 53 se 55 lakh ho sakti hai. Toyota ki official list abhi nahi aayi.
Corolla ki qist kam hogi?
Nahi, bank zyada se zyada Rs 30 lakh deta hai, is liye qist takreeban Rs 1,03,263 rahegi. Down payment Rs 6 se 8 lakh kam hoga.
This guide is for general information only and is not financial advice. Prices and rates change often; confirm with the company and your bank before you book.
Related Guides
- Car prices reduced in Pakistan: all categories
- Corolla installment plan on Meezan Bank
- Toyota Yaris new price after Auto Policy
- Car loan interest rates in Pakistan
- Car loan calculator