|Loan Amount||Tk.20,00,000.00 (Max.) for (Recondition & Brand New Car)|
|Rates||11.50% To 12.00%|
|Tenure||12-72 Months (1-6Years)|
This product will allow car financing to the customer segment. Under this scheme, the vehicle is hypothecated to the bank only. In addition to this registration requirement, on a case-to-case basis, bank may also secure the loan partially by the commonly acceptable form of cash/quasi cash securities available in the market.