HSBC Auto Loan
So you have found your dream car that you have always wanted. Now comes the difficult part - arranging for the funding. You approach banks and financial companies who want guarantees and securities against loans and you feel your dream slipping away. Now with a car loan from HSBC, you can make your dream come true.
Features
01. No personal guarantee or cash security
02. Wide range of loan amounts -
- Minimum: BDT100,000
- Maximum: 75% of brand new car value or 70% of reconditioned car value (up to a maximum of BDT2,000,000)*
03. Competitive interest rates
04. Interest is calculated on monthly reducing balance
05. Low processing fees
06. Flexible repayment schedule of 12, 24, 36, 48 or 60 months
The loan amount does not cover registration, insurance and other costs.
02. Wide range of loan amounts -
- Minimum: BDT100,000
- Maximum: 75% of brand new car value or 70% of reconditioned car value (up to a maximum of BDT2,000,000)*
03. Competitive interest rates
04. Interest is calculated on monthly reducing balance
05. Low processing fees
06. Flexible repayment schedule of 12, 24, 36, 48 or 60 months
The loan amount does not cover registration, insurance and other costs.
Eligibility
01. Age: At least 23 years
02. Professional Experience:
- Salaried: Employed for at least two years by a well-reputed company
- Self-employed: Business establishment for at least two years (with adequate proof)
03. Minimum Monthly Income:
- Salaried: BDT 20,000
- Self Employed: BDT 50,000
02. Professional Experience:
- Salaried: Employed for at least two years by a well-reputed company
- Self-employed: Business establishment for at least two years (with adequate proof)
03. Minimum Monthly Income:
- Salaried: BDT 20,000
- Self Employed: BDT 50,000
Requirements
* Manufacturing year of the car must be within 5 years of application date
* The car must be covered under a comprehensive car insurance policy
* Documents stated in the Application Form
*All of the above conditions are subject to change
*Other Conditions Apply
*Last updated in March, 2009
* The car must be covered under a comprehensive car insurance policy
* Documents stated in the Application Form
*All of the above conditions are subject to change
*Other Conditions Apply
*Last updated in March, 2009
Need to Know More...
Call now on 01199 88LOAN (5626), 01199 88HSBC (4722)
