The Toyota RAV4 plug-in hybrid is expected to get about Rs 50 lakh cheaper under the Auto Policy 2026-31, from about Rs 2.33 crore to roughly Rs 1.83 crore, the largest rupee cut reported for any car.
Note: Toyota (Indus Motor) has not yet updated its official prices after the Auto Policy 2026-31. All new prices on this page are expected figures based on reported estimates, and current prices may differ slightly by dealer. We will update this page when official prices are announced.
Last updated: 11 November 2026 by Ahmed Malik. Current prices are approximate, as reported after the policy announcement; 1-year KIBOR 12.92%.
Toyota RAV4 PHEV Current and Expected Price
| Variant | Fuel | Current price | Expected after policy |
|---|---|---|---|
| Toyota RAV4 PHEV | Plug-in hybrid | about Rs 2,33,00,000 | about Rs 1,83,00,000 |
Reported estimate: about Rs 2.33 crore now, falling to about Rs 1.83 crore. Even at Rs 1.83 crore, the RAV4 PHEV is above the new Rs 1 crore NEV loan limit, so most of the price would still be down payment.
Toyota RAV4 PHEV on Installment Under Current Rules
SBP’s current rules: at least 30% down payment, at most Rs 30 lakh financed, and up to 3 years for cars above 1000cc. Because the price is well above Rs 42.86 lakh, the loan is capped at Rs 30 lakh and any price cut lowers the down payment, not the installment.
| Variant | Down payment | Financed | HBL 14.50%, 3 years | MCB KIBOR + 4%, 3 years |
|---|---|---|---|---|
| At current price | Rs 2,03,00,000 (87%) | Rs 30,00,000 | Rs 1,03,263 | Rs 1,06,839 |
| At expected price | Rs 1,53,00,000 (84%) | Rs 30,00,000 | Rs 1,03,263 | Rs 1,06,839 |
Excludes insurance and tracker. Some banks offer corporate financing above Rs 30 lakh based on company accounts.
If the Rs 1 Crore NEV Loan Limit Applies
The policy raises the bank loan limit for new energy vehicles from Rs 30 lakh to Rs 1 crore, with up to 5 years to repay. Banks can offer this only after the State Bank issues new rules. For the Toyota RAV4 PHEV at the expected price:
| Toyota RAV4 PHEV at Rs 1,83,00,000 | Current rules | If NEV rules apply (Rs 1 crore max, 5 years) |
|---|---|---|
| Down payment | Rs 1,53,00,000 | Rs 83,00,000 (loan capped at Rs 1 crore) |
| Financed | Rs 30,00,000 | Rs 1,00,00,000 |
| Monthly at 14.50% | Rs 1,03,263 (3 years) | about Rs 2,35,283 (5 years) |
Illustration only; NEV loan rates have not been published.
Salary Needed for a Toyota RAV4 PHEV on Installment
Banks usually keep loan installments within about 40% of take-home pay, so a Rs 1,03,263 installment needs a take-home salary of roughly Rs 2,58,157.
Check before you book: see if you qualify with our car loan eligibility guide, work out the monthly qist on the car loan calculator, and compare all models in car prices after the Auto Policy.
Toyota RAV4 PHEV New Price: FAQs
What will be the new price of Toyota RAV4 PHEV?
About Rs 1.83 crore, down from about Rs 2.33 crore, if the reported estimate holds.
What is the Toyota RAV4 PHEV installment?
About Rs 1,03,263 a month for 3 years at HBL’s 14.50% under current rules, because banks finance at most Rs 30 lakh. The rest is paid as down payment.
Toyota RAV4 PHEV ki nayi qeemat kya hogi?
Andazan RAV4 PHEV takreeban Rs 2.33 crore se kam ho kar Rs 1.83 crore ho sakti hai. Company ki official nayi list abhi nahi aayi, yeh expected qeemat hai.
Toyota RAV4 PHEV ki qist kitni hogi?
Maujooda qawaid mein bank zyada se zyada Rs 30 lakh finance karta hai, is liye 3 saal ki qist takreeban Rs 1,03,263 hai. Qeemat kam hone se down payment 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 cars
- Wuling Bingo EV new price
- GAC Aion UT new price
- Haval H6 PHEV new price
- Car loan banks in Pakistan
- Car loan calculator