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.

Loan amount up to Tk. 40 lac
Tenor: Minimum 12 months – Maximum 60 Months
Competitive Interest Rate

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