IFIC Bank Limited

1. Processing fee 1.00% 

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Owning a car means freedom of convenience for moving out, affords punctuality, shelter from rain and heat during traveling and above all guarantees the much needed safety. Owning a car is a dream of many people. To materialize your dream, now we have Auto Loan with more flexible, affordable and convenient package option.

For Commercial - @13.45% (Mid)

For Residential-  @11.49% (Mid)

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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.

• Registered mortgage of the concerned property
• Registered irrevocable power of attorney (RIGPA).
• Iinsurance Coverage.
• One personal guarantee.