MDB Saalam Auto Finance

Drive your own car with MDB Saalam Auto Finance.

Title

Details

Features

Auto Finance is for purchase of brand new, reconditioned and registered used car (for personal use only)
Investment Amount ranges from BDT 200,000 to BDT 4,000,000
Repayment tenure of 12 months to 72 months
Competitive Profit rate
Early full settlement and partial settlement allowed
Quick processing

Eligibility

Experience :

Government Employee: Confirmed employee and 3 months salary should be credited in the account.
Employee of Multinational Companies: Confirmed employee with at least 1 year working experience and 3 months salary should be credited in the account.
Other Salaried: Must be confirmed employee having 2 years work experience including 3 months at present employer.
Self Employed: Must have minimum 2 years experience
Businessperson: Must have minimum 2 years business experience
Contractual employees: Minimum length of service is 3 years. Last two contract renewal documents to be provided.

Age :

Minimum : 21 years
Maximum : For salaried segment 65 years or retirement date whichever is earlier at investment maturity for salaried segment. For other segment- 65 years

Minimum Net Monthly Income :

Category	Minimum Requirement
Salaried Executives (Govt.)	Tk. 25,000/- per month
Salaried Executives (other than Govt.)	Tk. 25,000/- per month
Self-employed, Businessman & Landlord	Tk. 30,000/- per month