With Standard Chartered Auto Loan, it is easier than ever to buy the car of your dreams. Our Auto Loan Scheme offers you a flexible and affordable loan with easy repayment options, all wrapped in a very convenient package. You can purchase new, reconditioned, or second-hand cars with Standard Chartered Auto Loan.
Features :
- Loan amount up to 90% of vehicle value
- Maximum loan amount up to BDT 2 million
- Longest loan tenor up to 60 months
- Competitive interest rates and absolutely transparent fees & charges
- Fast Loan approval process
- Options for early settlement and partial pre-payment of the loan
- Loan available for reconditioned / second-hand vehicles up to 6 years old from the year of manufacture
- Maximum allowable age of the vehicle at the end of the loan tenor is 10 years in case of Toyota-manufactured vehicles, and 8 years in case of other brands
- Who can apply?: Salaried professionals / Businesspersons / Landlord or landlady / Self-employed Individuals
- Minimum age of applicant: 23 years
- Maximum age of applicant: 65 years
- Work Experience: Minimum 1-year service experience for salaried executives & 3 years’ experience for businesspersons or self-employed individuals
- Minimum net income: BDT 32,500 per month
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