Car Loan from HSBC

HSBC is pleased to offer you HSBC Select – a customised banking proposition offering exclusive privileges and unrivalled personal attention. HSBC Select is designed to provide you with a superior service offering, access to exclusive facilities, preferential pricing, convenient services and personal attention, allowing you greater personal and financial freedom. HSBC all need a helping hand to be able to live HSBC life to the fullest. And in this regard, HSBC believe that we can be your right partner by providing you with HSBC Car Loan products that will help you meet your needs so that you never have to compromise with all that life has to offer! Car Loan

HSBC Car Loan

Car Loan from HSBC

So you have found your dream car that you have always wanted. Now comes the difficult part – arranging for the funding. You approach banks and financial companies who want guarantees and securities against loans and you feel your dream slipping away. Now with a Car Loan from HSBC, you can make your dream come true. With HSBC Car Loan, it is easier than ever to buy the car of your dreams. HSBC Car Loan Scheme offers you a flexible and affordable loan with easy repayment options, all wrapped in a very convenient package. You can purchase new, reconditioned, or second-hand cars with HSBC Car Loan. HSBC Car Loan life is change because after getting Car Loan may be you purchase new car, HSBC Car Loan is built for maximum speed and efficiency.

Features of Car Loan from HSBC:

● No personal guarantee or cash security

● Wide range of loan amounts –

– Minimum: BDT100, 000

– Maximum: 30% of car value (as per Central Bank guidelines) up to a maximum of BDT2, 000,000*

Car Loan from HSBC

Car Loan from HSBC

● Competitive interest rates

● Interest is calculated on monthly reducing balance

● Low processing fees

● Flexible repayment schedule of 12, 24, 36, 48 or 60 months

*The loan amount does not cover registration, insurance and other costs.

Eligibility of Car Loan from HSBC:

● Age: At least 23 years

● Professional Experience:

– Salaried: Employed for at least two years by a well-reputed company

– Self-employed: Business establishment for at least two years (with adequate proof)

● Minimum Monthly Income:

– Salaried: BDT 20,000

– Self Employed: BDT 50,000

HSBC Car Loan

Requirements of Car Loan from HSBC:

● Manufacturing year of the car must be within 5 years of application date

● The car must be covered under a comprehensive car insurance policy

● Documents stated in the Application Form

Reference by: HSBC Car Loan

Car Loan from HSBC