Auto Loan

 

 

 

Purpose
  • To purchase any unregistered vehicle for personal use.
Loan Ceiling
  • 50% of the price of the vehicle subject to maximum Tk. 40 Lac.
fees
  • Application fee: Free
  • Processing fee: Loan Limit up to Tk.50.00 lac @0.50% but not over Tk.15,000.
    Loan Limit above Tk.50.00 lac @0.30% but not over Tk.20,000.
Tenor
  • up to 60 months
Rate of Interest
Security
  • The vehicle will be registered in the name of the Bank on account of the customer.
Guarantee
  • Spouse or any immediate family members.

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