Auto Loan from Standard Chartered Posted by M.A. Halim Chowdhury | at 9:52 PM

With Standard Chartered Auto Loan, it is easier than ever to buy the car of your dream. It offers you a flexible and affordable loan with easy repayment options, all wrapped in a very convenient package. We finance a maximum of 75% of the car value. The loan amount may range from BDT 200,000 to BDT 5,000,000 for new / reconditioned cars and from 200,000 to BDT 1,000,000 for used cars.

Easy conditions to realise your dream car:

• Salaried Executives / Self-employed Individuals
• Minimum Age: 23 years (for salaried executives) and 25 years (for self-employed individuals)
• Maximum Age: 65 years
• Work Experience: Minimum 1-year service experience for salaried executives & 3 years for self-employed individuals.
• Nationality: Bangladeshi
• Minimum net income: BDT 25,000 for both salaried individuals and self employed persons per month.

Wide range vehicle types and brands to choose from:

• New Vehicle: Car, Station Wagon, Jeep, 4-Wheeler Jeep, Microbus (Pick up or any vehicle for commercial use is not included in this scheme)
  Selected Brands for new vehicles: BMW, Jaguar, Mercedes Benz, Volvo, Toyota, Honda, Nissan, Mitsubishi, Suzuki, Maruti, Hyundai, Opel, Rover, Fiat, Tata, Daihatsu, Daewoo, Mahindra
  
• Reconditioned Vehicle: Car, Station Wagon, Jeep, 4 Wheeler Jeep, Microbus (Pick up or any vehicle for commercial use is not included in this scheme)
  Selected Brands for reconditioned vehicles: Toyota, Honda, Nissan, Mitsubishi
  
• Used Vehicle: Car, Station Wagon, Jeep, 4 Wheeler Jeep, Microbus
  Selected Brand for used vehicles: Toyota only

Vehicle Age specifications:

• New Vehicle: Never used and ready for first time registration
• Reconditioned Vehicle: Ready for first time registration and maximum age of the vehicle at the end of the loan must not be more than 10 years.
• Used Vehicle: Ready for second time registration and maximum age of the vehicle at the end of the loan must not be more than 10 years.

Tailored Repayment Period:
Auto Loan from Standard Chartered has been custom designed, which lets you drive your dream car while providing you the convenience of repaying.
Maximum Repayment period
Brand New cars: 60 months
Reconditioned cars: 60 months for Toyota, 48 months for others
Used cars: 36 months

Competitive Cost:
We offer you one of the most competitive rates in the market. Our interest rate is only 13% per annum. However, you can enjoy lower interest rate if you prefer to deposit some security.

Processing Fee:
For loan amount from BDT 200,000 to BDT 399,000 : BDT 5,000.
For loan amount from BDT 400,000 to BDT 999,000 : BDT 7,500.
For loan amount 1,000,000 and more: 1% of loan amount.

Convenient:
At Standard Chartered, we believe in delivering our services to customers?doorsteps. Just call us at +88 (02) 8961151, 0173 041400-19 and let Standard Chartered help to realise your dream car.

Terms and conditions apply