| Name | Car Loan |
| Category |
Car Loan |
| Loan Amount | Maximum Tk. 40.00 Lac |
| Rates | 12.00% - 15.00% |
| Tenure | 5 year (Old Car) 6 Years (Brand New) |
| Charges | |
| Conditions |
- One personal guarantee.
- Joint registration of the vehicle.
- First party comprehensive insurance of the car.
|
| Featured | No |
| Description | Get and drive your dream car on the road through Prime Bank's wonderful car loan facilities. Prime Bank offer you to materialize your dream of owning a car. Whether you want to purchase a brand new car or a reconditioned one, They care your demand.
|
| Benefit |
- Flexible repayment schedule.
- Automatic realization of monthly installments.
- Shortest loan processing time.
- Early, full and partial settlement allowed.
- Competitive interest rate.
- Joint applicant allowed.
- Minimal documentation.
|
| Eligibility | 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.
Income Range:
- BDT. 30,000.00 for salaried person of MNCs, LLC, Foreign NGOs, aid agencies and UN bodies.
- BDT. 35,000.00 for salaried person other than MNCs, LLC, Foreign NGOs and UN bodies
- BDT.30,000.00 for Govt. employees.
- BDT. 40,000.00 for Landlord/ Landlady.
- BDT. 45,000.00 for Businessmen.
|
| Supporting Documents | For Service holder:
- Recent passport size color photographs of applicant (s) and guarantor (s).
- Photocopy of NID/passport/ driving license of applicant (s) and guarantor (s)
- Price quotation of car.
- Latest utility bill (gas/water/electricity/municipal tax).
- Latest tax certificate/ E-TIN.
- Personal net worth statements of applicant (s) and guarantor (s).
- Bank statement of last 12 months for businessmen and 6 months for others.
- Salary Certificate/ Letter of Introduction.
- Offer letter/Release letter from previous employer to prove service experience.
- Professional certificate issued by concerned institution.
For Businessman:
- Copy of trade license.
- Memorandum of Association and Articles of Association of the company.
- Certificate of Incorporation.
- Latest form xii.
- Partnership deed.
- Others.
|
