Car Loan Auto Loan

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Car Loan/Auto Loan

Designed to purchase brand new or re-conditioned cars.



Basic Information

Target Customer Loan Limit Tenor Interest Rate
Self Employed
Business person & Salaried Executives
Land Lord/Lady
From BDT 200,000 to BDT 20,00,000
(may differ from bank to bank)
12 to 72 months
(may differ from bank to bank)
Maximum 9% Yearly
(may differ from bank to bank & time to time)



Age Limit Minimum Monthly Income Employment Duration
Min 21 years, Max 60 years
(may differ from bank to bank)
For Salaried Tk. 30,000 – Professionals Tk. 30,000
For Businessmen and Self-employed Tk. 40,000
Land Lord/Lady – rental income – Tk. 40,000
Salaried: Min 2 years of working experience & min 6 months of continuous employment with present employer.
Professionals: Minimum 1 year of total practice in the profession.
Businessman: Minimum 2 year of involvement in business.
(may differ from bank to bank)



List of some banks which have Car Loan/Auto Loan Product

Bank Name Product Name
AB Bank Ltd. Auto Loan
Bank Asia Ltd. Auto Loan
BRAC Bank Ltd. BRAC Bank Auto Loan; Motorcycle Loan
Commercial Bank of Ceylon PLC. Auto Loan
Dhaka Bank Ltd. Car Loan
Dutch-Bangla Bank Ltd. Auto Line
Dutch-Bangla Bank Ltd. Care Line
Eastern Bank Ltd. EBL Auto Loan
IFIC Bank Ltd. IFIC Auto Loan
Jamuna Bank Ltd. Auto Loan
Mercantile Bank Ltd. Car Loan
Midland Bank Ltd. MDB Card Loan
Modhumoti Bank Limited Modhumoti Vehicle Loan
Mutual Trust Bank Ltd. MTB Auto Loan
NRB Bank Ltd. My Car-Auto Loan
NRBC Bank Ltd. Auto Finance
NCC Bank Ltd. NCC Bank Car Loan
One Bank Ltd. Car Loan
Prime Bank Ltd. Car Loan
Standard Bank Ltd. SBL Auto Loan
Standard Chartered Bank Auto Loan
The City Bank Ltd. City Drive
The Farmers Bank ltd. Car Loan
The Premier Bank Ltd. Auto Loan
United Commercial Bank Ltd. Auto Loan



Required Documents

  • National identity/passport/driver license/nationality/ward commissioner’s certificate with photo attachment
  • Clear studio Photograph and business card
  • Bank statement for last 6 months
  • Copy of TIN related document
  • Letter of Introduction (LOI) for salaried executives or salary slip
  • Trade license/MOA for businessmen
  • Copy of house ownership and rent agreement for landlord and land lady
  • Other document as per loan category
  • Other documents as per bank requirement

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