Car Loan - Defence Officers

To purchase a car for personal usage of Defence Officers. 

Features

 
  • Loan Limit: Up to BDT 40 Lac; 
  • Tenure: Maximum up to 5 years 
  • Rate of Interest: 10.00 % p.a. (Rate may change, when required by management);
  • Processing Fee: 0.5% of the loan amount + 15 % VAT;
  • Down Payment: Minimum 50%;
  • Type of Car:
    • Brand New Automobile;
    • Recondition Automobile – 5 years from date of manufacture or as per decision by the regulatory authority; 

Eligibility

Confirmed and active In-service Defence Officer of Bangladesh Army, Navy & Air Force;