Designed to purchase brand new or re-conditioned cars.
Basic Information
| Target Customer | Loan Limit | Tenor | Interest Rate |
| Self Employed Professionals 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) |
Eligibility
| 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
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