IFIC Auto Loan

IFIC Auto Loan

Owning a car means freedom of convenience for moving out, affords punctuality, shelter from rain and heat during traveling and above all guarantees the much needed safety. Owning a car is a dream of many people. To materialize your dream, now we have Auto Loan with more flexible, affordable and convenient package option.

Features

  • Loan amount up to BDT 2000000
  • Tenor 12 month Maximum 60 month
  • Competitive Interest Rate
  • Processing fee BDT 2000
  • No hidden charge

Required Documents

  • 2 copy passport size photograph of intending borrower and guarantor
  • Letter of Introduction from Employer (for salaried customer)  Bank Statement (For last 6 months) 
  • Salary Certificate/Trade License
  • TIN Certificate copy 
  • Registration of the vehicle in the name of the owner with HP clause as per Hire Purchase agreement
  • Cost of insurance and proportionate registration fees to be deposited along with equity portion at the time of application