United Commercial Bank Limited

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Purchase of non-commercial new and reconditioned vehicles for personal use only by an individual.

Customer Segment:
Any Bangladeshi individual who has the means and capacity to repay the loan. In specific terms, the target customers should cover salaried executives of multinational Companies, middle to large size local corporate, Government officials, Officials working in Semi- Government, Autonomous and reputed NGOs (Non-Government Organizations), international aid agencies & UN bodies, any tax paying businessmen of repute and self-employed tax-paying individual having a reliable source of income.

Interest rate @12.00% (Mid Rate)

• Service Charge: 10 lac< 1.50% & above 10 lac> 1.00% on loan amount + VAT applicable as per Govt.rule

1. Age limit: Minimum 25 years, Maximum 65 years at loan maturity
2. Per Month Tk.25,000 for Salaried Individual Per Month
3. Per Month Tk.50, 000 for Business man.
4. Other Usual Documents.

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