MDB Car Loan

Enjoy the freedom of driving your own car with MDB Car Loan.

Title	Details
Features	Car loan for purchase of brand new or reconditioned car (for private use only) Loan Amount ranges from BDT 200,000 to BDT 4,000,000 Repayment tenure of 12 months to 60 months Competitive interest rate Early full settlement and partial settlement allowed No hidden charges Quick loan processing
Eligibility	Experience : Salaried Executives : Minimum 2 years’ experience with 6 months employment with present employer Self Employed : (Doctors, Architects, Engineers, Chartered Accountant and Certified Consultant, IT Professionals etc.) with Minimum 2 years’ experience Businessperson : Minimum 2 years of involvement in business
	Age : Minimum : 21 Years Maximum : 62 years (For Salaried), 65 Years (For Others) (at the end of loan tenor)
	Minimum Gross Monthly Income : Govt. Employees : Minimum BDT 25,000 per Month Salaried Exec. : Minimum BDT 30,000 per Month Professionals/Businessperson : Minimum BDT 30,000 per Month
	Joint Application : Joint application allowed
Tenure	Maximum 5 (five) years
Purpose	For purchasing new or reconditioned car
Benefit	Quick loan processing
Taxes, Duty, Surcharges	As per NBR circular
Highest Amount	Bank will finance maximum 50% of car quotation price or BDT 40 lac whichever is lower