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Prime Bank Limited

Prime Bank Limited

 9567265, 9570747-8 PABX

 880-2-9567230, 9560977, 9566215, 9560960

 info@primebank.com.bd

Loan information of PRIME BANK LIMITED
NameCar Loan
Category Car Loan
Loan AmountMaximum Tk. 40.00 Lac
Rates12.00% - 15.00%
Tenure5 year (Old Car) 6 Years (Brand New)
Charges

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Conditions
  • One personal guarantee.
  • Joint registration of the vehicle.
  • First party comprehensive insurance of the car.
FeaturedNo
Description

Get and drive your dream car on the road through Prime Bank's wonderful car loan facilities. Prime Bank offer you to materialize your dream of owning a car. Whether you want to purchase a brand new car or a reconditioned one, They care your demand.

Benefit
  • Flexible repayment schedule.
  • Automatic realization of monthly installments.
  • Shortest loan processing time.
  • Early, full and partial settlement allowed.
  • Competitive interest rate.
  • Joint applicant allowed.
  • Minimal documentation.
Eligibility

Age:

  • Minimum: 22 Years (at the time of application)
  • Maximum: 65 years (at the end of loan tenor).

Experiance:

  • For permanent and confirmed salaried person, minimum one (1) year experience with 6 months employment in present organization.
  • For Businessmen, minimum one (1) year experience in the same line of business.
  • For Landlord/Landlady having 6 months rental income continuation.

Income Range:

  • BDT. 30,000.00  for salaried person of MNCs, LLC, Foreign NGOs, aid agencies and UN bodies.
  • BDT. 35,000.00  for salaried person other than MNCs, LLC, Foreign NGOs and UN bodies
  • BDT.30,000.00  for Govt. employees.
  • BDT. 40,000.00  for Landlord/ Landlady.
  • BDT. 45,000.00 for Businessmen.
Supporting Documents

For Service holder:

  • Recent passport size color photographs of applicant (s) and guarantor (s).
  • Photocopy of NID/passport/ driving license of applicant (s) and guarantor (s)
  • Price quotation of car.
  • Latest utility bill (gas/water/electricity/municipal tax).
  • Latest tax certificate/ E-TIN.
  • Personal net worth statements of applicant (s) and guarantor (s).
  • Bank statement of last 12 months for businessmen and 6 months for others.
  • Salary Certificate/ Letter of Introduction.
  • Offer letter/Release letter from previous employer to prove service experience.
  • Professional certificate issued by concerned institution.

For Businessman:

  • Copy of trade license.
  • Memorandum of Association and Articles of Association of the company.
  • Certificate of Incorporation.
  • Latest form xii.
  • Partnership deed.
  • Others.
*Bdbankbazaar is not responsible for any discrepancy of interest rate and terms and condition of respective Bank/ NBFI