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| 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. |
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| Features: |
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Loan amount ranges from BDT 2,00,000/- to BDT 40,00,000/- |
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Repayment tenure: Up to 60 months |
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Interest rate: 14.00% |
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Quick processing time |
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Minimal documentation |
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| Eligibility: |
| Any credit worthy individual having age between 21 to 70 years or retirement age whichever is earlier at loan maturity |
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| Professional Experience: |
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Salaried Executives: Regular/Permanent employees with minimum 1 year of total experience and minimum 6 months’ with present employer |
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Professionals: Minimum 2 years of practice in the respective profession |
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Business Individuals: Minimum 2 years of business establishment |
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| Minimum Gross Monthly Income: |
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BDT 40,000/- |
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