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Bank Asia Limited

Bank Asia Limited

 02- 7110042,7110062,7110147,7110173,7110177,7110218

 88-02-7175524

 bankasia@bankasia.com.bd

Loan information of BANK ASIA LIMITED
NameAuto Loan
Category Car Loan
Loan AmountTk.20,00,000.00 (Max.) for (Recondition & Brand New Car)
Rates11.50% To 12.00%
Tenure12-72 Months (1-6Years)
Charges
  • No Hidden Charge
  • No early settlement & partial adjustment fees
Conditions
  1. Other Usual Documents.
  2. Other terms and condition imposed by the Bank.
FeaturedYes
Description

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.

Benefit

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Eligibility
  1. Age limit: Minimum 25 years, Maximum 65 years at loan maturity.
  2. Disposable Income Tk. 15,000 (Minimum)
  3. Minimum 3 Years Service or Business Experience.
Supporting Documents
  1. Bank statement of last 12 months.
  2. Copy of National ID/Voter ID/Driving license/Passport/ Nationality Certificates.
*Bdbankbazaar is not responsible for any discrepancy of interest rate and terms and condition of respective Bank/ NBFI