Midland Bank Limited

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Enjoy the freedom of driving your own car with MDB Car Loan. Car loan for purchase of brand new or reconditioned car (for private use only). Bank will finance maximum 50% of car quotation price or BDT 40 lac whichever is lower.

• Competitive interest rate.
• Early full settlement and partial settlement allowed.
• No hidden charges.
• Quick loan processing.
• Bank will finance maximum 50% of car quotation price or BDT 40 lac whichever is lower.

Age :

• Minimum : 21 Years
• Maximum : 62 years (For Salaried), 65 Years (For Others) (at the end of loan tenor)

Minimum Gross Monthly Income :

• Govt. Employees : Minimum BDT 25,000 per Month
• Salaried Exec. : Minimum BDT 30,000 per Month
• Professionals/Businessperson : Minimum BDT 30,000 per Month

Experience :

• Salaried Executives : Minimum 2 years’ experience with 6 months employment with present employer
• Self Employed : (Doctors, Architects, Engineers, Chartered Accountant and Certified Consultant, IT Professionals etc.) with Minimum 2 years’ experience
• Businessperson : Minimum 2 years of involvement in business

As per Bank;s requirement.