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Purpose : Purchase of Non-commercial New / Reconditioned / pre-owned (second hand) car for personal use.

• Competitive interest rate.
• Repayment tenure: 12 months to 60 months.
• Loan Limit:
  i) For Conventional Vehicles Maximum BDT 60.00 Lac or 60% of the car value which is lower.
  ii) For Hybrid/Electric Vehicles Maximum BDT 60.00 Lac or 70% of the car value which is lower.
• Partial settlement is allowed.

For New/Reconditioned/Pre-owned(Second hand) Car: The vehicle should not be older than five years from the date of manufacturing.
Age Limit:

• Minimum age: 23 years at the time of loan application.
• Maximum age: 65 years or retirement age whichever is earlier at the end of the loan tenure.

Professional experience: Minimum 3 years of continuous service/business in the same sector.

• Salary Certificate/Trade License/proof of other income related documents (if any)
• Photograph and National ID of applicant & guarantor(s).
• Quotation of the vehicle.
• In case of pre-owned car, deed of sale agreement between buyer & seller is required.
• All documents stated in the loan application form and other documents as required by the bank.