Car Loan

ONE Bank Car Loan is a terminating loan facility for the purpose of financing purchase of brand new and reconditioned unregistered vehicle, for personal use only, under an Equated Monthly Installment (EMI) based repayment plan.

Features:

• Loan amount ranges from BDT 2,00,000/- to BDT 40,00,000/-
• Repayment tenure: Up to 60 months
• Interest rate: 14.00%
• Quick processing time
• Minimal documentation

Eligibility:

Any credit worthy individual having age between 21 to 70 years or retirement age whichever is earlier at loan maturity

Professional Experience:

• Salaried Executives: Regular/Permanent employees with minimum 1 year of total experience and minimum 6 months’ with present employer
• Professionals: Minimum 2 years of practice in the respective profession
• Business Individuals: Minimum 2 years of business establishment

Minimum Gross Monthly Income:

• BDT 40,000/-