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Employment Eligibility
Some other important info:
Max. financing Amount : BDT4000000 50% will be financed by bank.
Min. loan tenure :1 year
Max. loan tenure: 5 year
Islamic / Conventional: Islamic
Processing fee:
1% on approved loan amount.
Early Settlement:
N/A
Late Payment Charges
2% on overdue amount.
Other Charges
N/A
Car Registration
Joint Registration of the vehicle under the names of both the borrower(s) and bank.
Allows joint applicant?
Yes
Car Insurance
Comprehensive 1st party insurance coverage of asset favoring the bank.
Security
Hypothecated over the car and postdated check.
Guarantor
You just need only two guarantors to be approved to get this loan.