No model-specific price cut has been announced for the Honda City yet under the Auto Policy 2026-31. The City 1.2 LS CVT currently costs Rs 47,67,000. Even when its price falls, the monthly bank installment will stay about Rs 1,03,263 (3 years, HBL 14.50%) because every City variant is financed at the State Bank’s Rs 30 lakh cap. Any price cut will come off your down payment, rupee for rupee.
Honda Atlas has not announced post-policy prices, and no estimate has been reported for the City. We will update this page when official prices come out.
Last updated: 11 November 2026 by Ahmed Malik. Current prices from Honda’s price list (as on our City Meezan page); 1-year KIBOR 12.92%.
Honda City Current Price (All Variants)
| Variant | Current price | Expected after policy |
|---|---|---|
| City 1.2 LS CVT | Rs 47,67,000 | No estimate yet |
| City Special Edition CVT | Rs 51,66,000 | No estimate yet |
| City 1.5 LS CVT | Rs 60,99,000 | No estimate yet |
| City Aspire 1.5 CVT | Rs 61,19,000 | No estimate yet |
The policy cuts customs and excise duties on locally assembled cars in stages over five years, and officials said all non-luxury cars should get cheaper. Estimates so far cover the Alto, Cultus, Yaris 1.5, Corolla and some SUVs, but not the City.
Honda City on Installment (3 Years)
SBP’s rules: at least 30% down payment, at most Rs 30 lakh financed, and up to 3 years for cars above 1000cc. Since 70% of even the 1.2 LS is more than Rs 30 lakh, every variant is financed at the cap.
| Variant | Down payment | Financed | HBL 14.50% | MCB KIBOR + 4% |
|---|---|---|---|---|
| 1.2 LS CVT | Rs 17,67,000 (37%) | Rs 30,00,000 | Rs 1,03,263 | Rs 1,06,839 |
| Special Edition CVT | Rs 21,66,000 (42%) | Rs 30,00,000 | Rs 1,03,263 | Rs 1,06,839 |
| 1.5 LS CVT | Rs 30,99,000 (51%) | Rs 30,00,000 | Rs 1,03,263 | Rs 1,06,839 |
| Aspire 1.5 CVT | Rs 31,19,000 (51%) | Rs 30,00,000 | Rs 1,03,263 | Rs 1,06,839 |
Excludes insurance and tracker. Meezan Bank rounds its minimum deposit up (40% on the 1.2 LS) and includes takaful; see the City Meezan installment plan.
What a Price Cut Would Mean for the City 1.2 LS
| If the price falls by | New price | Down payment | Installment (HBL, 3 years) |
|---|---|---|---|
| No change | Rs 47,67,000 | Rs 17,67,000 | Rs 1,03,263 |
| Rs 2 lakh | Rs 45,67,000 | Rs 15,67,000 | Rs 1,03,263 |
| Rs 4 lakh | Rs 43,67,000 | Rs 13,67,000 | Rs 1,03,263 |
| Rs 6 lakh | Rs 41,67,000 | Rs 12,50,100 (30%) | Rs 1,00,403 |
Only once the price falls below about Rs 42.86 lakh does the financed amount drop under Rs 30 lakh and the installment start to fall.
Salary Needed for a Honda City 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).
Honda City New Price: FAQs
Has the Honda City price been reduced?
Not yet. The Auto Policy 2026-31 should lower prices of non-luxury cars over time, but Honda has not announced new City prices and no estimate has been reported.
What is the Honda City installment?
About Rs 1,03,263 a month for 3 years at HBL’s 14.50%, with Rs 17.67 lakh down on the 1.2 LS CVT. All variants have the same installment because of the Rs 30 lakh cap.
Honda City sasti hogi?
Policy ke baad sab non-luxury gaariyan dheere dheere sasti honi chahiye, lekin City ka andaza ya Honda ki nayi list abhi nahi aayi.
Honda City ki qist kitni hai?
3 saal ke liye takreeban Rs 1,03,263 mahana, 1.2 LS par Rs 17.67 lakh down payment ke saath. Qeemat kam hui to down payment kam hoga, qist nahi.
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
- Honda City installment plan on Meezan Bank
- Toyota Yaris new price after Auto Policy
- Car loan interest rates in Pakistan
- Car loan calculator
Related tools: check the full on-road cost with our car registration tax calculator, compare Islamic financing on the Meezan car loan calculator, or see all car loan banks in Pakistan.