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|
| Consumer
Credit Scheme |
Car Loan |
|
Car Loan will be sanctioned
against Registration of the Vehicle in the name of the Bank.
Instead of down payment, the Customers shall have option to avail
loan against their FDR or any other savings instruments up to 90% of
the loan amount. |
|
Eligible Items / Articles |
| 01. |
Car |
05. |
Pick up
Van |
| 02. |
Jeep |
06. |
Cover
Van |
| 03. |
Station
Wagon |
07. |
Bus /
Truck for Corporate Bodies (own use) |
| 04. |
Any
other vehicles for own use |
08. |
Ambulance for Corporate Bodies / Medical Professionals |
|
|
|
|
|
Loan Limit and Period of
Loans |
|
|
|
Name of the Item |
Loan Limit |
Duration of the Loan |
|
New Vehicle |
Tk.
40,00,000 |
5-yrs |
|
Recondition
Vehicle |
Tk.
15,00,000 |
4-yrs |
|
Bus / Truck
for Corporate Bodies for own use only |
Tk.
40,00,000 |
5-yrs |
|
| |
|
Required Documents |
| 01. |
Employer Certificate for
Service Holders |
04. |
Bank Account Statement
of last six months |
| 02. |
Photocopy of Trade
License for Businessmen |
05. |
Photocopy of Passport,
Telephone(T&T) Bill, if any |
| 03. |
Photocopy of Tin Certificate, if any |
|
|
| |
|
Security |
| 01. |
Undated Cheques |
02. |
Registration of the
vehicle in the name of the Bank |
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