EBL Auto Loan
Thinking of buying a car? With EBL's exciting Auto Loan offer, don't think anymore........ Drive your dream car home!
Features
- Auto Loan for the purchase of brand new and reconditioned car for private use only
- Loan amount ranges from BDT 350,000 to BDT 4,000,000 (or 50% of car value whichever is lower)
- Competitive interest rate
- Repayment tenure of 12 months to 60 months
- Early Full and partial settlement allowed
- Spouse is allowed as Joint Applicant
- One personal guarantor required
- Minimal Documentation
- Shortest Loan Processing time
- Processing Fee: As per schedule of charges & LTV 50:50
Eligibility:
Any credit worthy individuals like:
- Salaried executives: Minimum 2 year experiencewith 6 months employment with present employer
- Professionals: Minimum 2 year’s experience
- Businessperson: Minimum 2 years involvement in business as per trade license.
- Land Lord /Lady
Age:
- Minimum : 22 Years
- Maximum : 60 years (For Salaried), 65 Years (For Others)
Minimum Gross Monthly Income:​
- Salaried Executives: BDT 30,000
- Professionals/Businessman: BDT 40,000