Owning car is no longer a luxury anymore; rather it is a useful investment that improves your quality of life. The family car is increasingly becoming a vital part of our everyday life. With IDLC Car Loan, you can own your own car and add excitement to your life.
BENEFITS
# Loan sanction within 72 hours of application receipt*
# An opportunity to finance both brand new and re-conditioned cars
# No security
# No personal guarantee
# Competitive interest rate
# Expert advice on car market conditions
# Dedicated and supportive service both before and after disbursement
# Partial or full prepayment option with minimum charges
# Provided that all required documents have been provided to IDLC
# An opportunity to finance both brand new and re-conditioned cars
# No security
# No personal guarantee
# Competitive interest rate
# Expert advice on car market conditions
# Dedicated and supportive service both before and after disbursement
# Partial or full prepayment option with minimum charges
# Provided that all required documents have been provided to IDLC
ELIGIBILITY
# You are eligible if you are:
# A salaried executive or professional or a businessman
# Between 22 and 60 years of age
# Minimum monthly income of Tk. 25,000/- (this will include income of spouse in case of joint application)
# A minimum of two (2) years of service
# A resident of Dhaka or Chittagong
# A salaried executive or professional or a businessman
# Between 22 and 60 years of age
# Minimum monthly income of Tk. 25,000/- (this will include income of spouse in case of joint application)
# A minimum of two (2) years of service
# A resident of Dhaka or Chittagong
LOAN AMOUNT
We provide maximum assistance to fulfill your requirement. We are ready to finance both brand new and re-conditioned cars. You can avail car loan from Tk 200,000/- to Tk. 4,000,000/- or 70% of the value of your car (including registration cost), whichever is lower. If you are ready to provide 50% of the car value as cash deposit with IDLC, you will enjoy a special rate for your entire car loan.
PREPAYMENT TERMS
With our attractive car loan package, you are able to repay the loan according to your convenience. Choose a maximum of 60 months to repay the loan for your brand new car or re-conditioned car
DOCUMENTATION REQUIRED
Employed
* One recent copy of passport size photo, National ID card and Bio data
* Application form (properly filled up)
* Employment confirmation form (properly filled up)
* Price quotation from the vendor
* CIB undertaking form (properly filled up)
* Latest salary slip/salary certificate
* Personal bank statements for last 12 months
* Rental income/other income documents
* Documents supporting other fixed assets
* Documents supporting liquid assets
* Application form (properly filled up)
* Employment confirmation form (properly filled up)
* Price quotation from the vendor
* CIB undertaking form (properly filled up)
* Latest salary slip/salary certificate
* Personal bank statements for last 12 months
* Rental income/other income documents
* Documents supporting other fixed assets
* Documents supporting liquid assets
Self Employed
- One recent copy of passport size photo, National ID card and Bio data
- Tax assessment paper for last 3 years
- Profit & Loss account and Balance sheet of business for last 3 years
- Company bank statements for last....months
- Memorandum & Articles of Association with form Xll of the company
- Trade license
- Price quotation from the vendor
Non Resident Bangladesh (NRBs)
- One recent copy of passport size photo and Bio data
- Photocopy of the passport with evidence of arrival of port of entry, visa stamped pages
- Employment contract
- Residency permit/work permit
- Latest work permit
- Overseas bank statements for last 12 months months
- Tax papers for last three years
- Utility bills copy
Source : IDLC Finance
