Auto Loan from Brac Bank Limited

Auto Loan from Brac Bank Limited. Brac Bank Auto Loan is different to another bank, this Auto Loan is easy to get from this bank, Brac Bank auto loan to this service is very good so in this purpose, I suggest Auto Loan of Brac Bank Ltd. is attractive. BRAC Bank Auto Loan provides you personal bank representative for information search till moving into the home.

Building profitable and socially responsible financial institution focused on Market and Business with Growth potential, thereby assisting BRAC and stakeholders to build a just, enlightened, healthy democratic and poverty free Bangladesh”.

Auto Loan from Brac Bank Limited

Auto Loan from Brac Bank Limited

Whether you want to purchase a brand new car or a reconditioned one, BRAC Bank Auto Loan is built for maximum speed and efficiency. Get your dream car on the road in no time.

Eligibility to get an auto loan from BRAC Bank

■ Available for Salaried individuals, Business Persons, Self Employed & Landlord

■ Age between 21 at the time of application to 65 at the time of maturity *

■ Minimum Monthly Income: BDT 25,000 (for salaried); BDT 35,000 (for others).

■ Length of service: Confirmed employment with total 1-year work experience.

■ Age of Business: Min 2 years

Features Auto Loan for BRAC Bank

■ Up to 50% of the quoted value of the car

■ Loan Amount: Up to BDT 2,000,000.

■ Competitive Interest Rates

■ Tenor: 12 to 60 months.

■ For brand new and reconditioned cars

Auto Loan from Brac Bank Limited

Documents required getting an auto loan from BRAC Bank required

■ Latest one year’s personal bank statement

■ Photocopy of national ID/Passport

■ One copy passport size photograph of the applicant

■ One copy passport size photograph of the guarantor

■ Price quotation of the vehicle

■ Business card/ visiting card of the applicant

■ Personal TIN certificate

Additional documents required for a salaried person of auto loan

■ Letter of Introduction stating salary, issued by the employer

Additional documents required for business person auto loan of BRAC Bank

■ Copy of Trade License

■ Company’s bank statement for last one year

■ Memorandum of Articles for Limited Liability Company

Additional documents required for self-employed person auto loan of BRAC Bank

■ Professional Certificate issued by an authorized institution

Additional documents required for self-landlord to get an auto loan of BRAC Bank: 

■ Valid documents of the property

■ Rent receipt/deed

Auto Loan from Brac Bank Limited

Schedule of Charges to get an auto loan from BRAC Bank

■ Processing Fee: 1.0% of Loan Amount

■ Early Settlement Fee: 2% (within 1 -2 years), 1% (after 2 years and before expiry)

Auto Loan from Brac Bank Limited

Auto Loan from BRAC Bank life is changing because after getting the auto loan may be you purchase the new car, BRAC Bank Auto Loan is built for maximum speed and efficiency. If you want to know Auto Loan from BRAC Bank then you 24 hours banking facilities. Auto Loan from Brac Bank Limited.

Reference by: BRAC Bank Auto Loan