BRAC Bank Limited

Phone: +880-2-885 9202, +88 01819 230000 (Call Center)
Fax: +880-2-986 0395

Auto Loan

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.
Loan Amount
- Loan Amount: Up to BDT 2,000,000.
- Upto 90% of quoted value of the car.

12 to 60 months.
- 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 serv
Supporting Documents
- 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 guarantor
- Price quotation of the vehicle
- Business card/ visiting card of the applicant
- Personal TIN certificate
Schedule of Charges

- Processing Fee: 1.0% of Loan Amount.
- Early Settlement Fee: 2% (within 1 -2 years), 1% (after 2 years and before expiry)


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