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Own that car you have always desired, with a little help from us. We offer lucrative interest rates that would pleasantly surprise you. MTB Auto Loans are built for utmost speed and competence. MTB Auto Loan is available for financing both new and reconditioned cars. Your dream car is closer than you think.

Features:

  • MTB Auto Loan is available for financing brand new reconditioned (unregistered) and registered (locally used) cars
  • No hidden charges
  • Competitive interest rate
  • Easy documentation and quick processing
  • Option for early settlement
  • Financing for brand new, reconditioned (unregistered) and registered (locally used) cars

Loan Amount:

  • For brand new & reconditioned (unregistered) car:
    Minimum BDT 400,000/-and Maximum BDT 40,00,000/-
  • For registered used car:
    Minimum BDT 400,000/-and Maximum BDT 25,00,000/-
    Note: Maximum loan size will be governed by BB regulation.

Repayment Tenor:

  • Minimum- 06 months
  • Maximum- 72 months (72 months for Brand new and 60 months for reconditioned vehicle)
  • Maximum 48 months for locally registered/ used vehicle

Eligibility:

  • Age Minimum 21 and maximum 65 years or retirement date whichever is earlier at the loan maturity
  • Experience:
    • Salaried person : 1 year with 6 months permanent employment status
    • Self employed : 1 year of practice in the profession
    • Businessperson : 2 years of involvement in the same nature of business
  • a)Minimum BDT 40,000 for Salaried Person/Self-employed Professional/Land lord/other income individuals
    b)Minimum BDT 50,000 for Businessperson

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