Bank lending for vehicle purchases rose sharply, with the latest State Bank data showing a strong increase in auto financing during December 2025.

The report said total auto financing reached Rs 319 billion in December 2025, marking a 35.5% rise compared with the same month last year.

In December 2024, the volume of such financing stood at Rs 235 billion, highlighting how vehicle purchases through banks accelerated over one year.

Data also showed a marginal monthly increase, as auto financing rose from Rs 318 billion in November 2025 to Rs 319 billion in December.

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This represented a 0.3% rise on a monthly basis, suggesting continued public interest in purchasing vehicles through bank financing during the period.

The State Bank report added that overall private sector credit also increased, alongside growth seen in loans provided specifically for vehicles nationwide.

By December 2025, banks had extended Rs 10,671 billion in loans to the private sector, compared with Rs 10,582 billion a year earlier.

This reflected a 0.8% increase in private sector lending on an annual basis, according to the central bank data released in December 2025.

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