Know About

NBL Auto Finance

NBL Auto Finance for any credit worthy individuals who wish to purchase of new and reconditioned vehicle for personal use only.

    Age Limit:

    • Minimum age should be 25 years
    • Maximum age 65 years at the time of maturity of the loan.

     

    Loan amount:

    • Minimum: Taka 500000.00 (Taka Five Lac) only.
    • Maximum: Taka 4000000.00 (Taka Forty Lac) only.

     

    Loan Tenure: Maximum 05 years or 65 years age of the applicant at the end of the loan tenor whichever is lower.

     

    Debt Equity Ratio: Maximum 50:50 ratio.

     

    Interest Rate: SMART+3.75% rate of interest

Eligibility

  • Minimum age of the borrower 25 years
  • Maximum age of the borrower at the end of the loan tenor 65 years
  • Salaried person: Minimum  2 years of experience in total as a permanent employee & minimum monthly income of Tk.35000.00
  • Self- employed Professional: minimum monthly income of Tk.40000.00

Required Documents

  • Passport sized recent photographs (standard format) of all the applicants
  • Photocopy of National ID and/or valid passport of all the applicants
  • Photocopy of Latest TIN certificate.
  • Copy of loan sanction letter along with repayment account statements for all the existing facilities of the customer (if applicable)
  • Price quotation of the vehicle to be addressed to the Customer and to be accepted by the Customer and verified by the Branch /Sub-branch officials.

 

Self-employed Segment (e.g. Doctors):

  • Copy of Certificate of professional degree (e.g. MBBS etc.)
  • Professional Certificate of Membership with respective Professional Association (e.g. BMDC etc.)
  • Self declaration of practice income in chamber.

 

Business Segment:

 

For Proprietorship Business

  • Copy of Trade License that reflects minimum 3 (Three) years’ of experience
  • Last 1 (One) year Bank account statement.

 

For Partnership Business

  • Copy of Trade License that reflects minimum 3 (Three) years’ of experience.
  • Registered Partnership Deed 

 

For Limited Company:

  • Copy of Trade License that reflects minimum 2 years’ of experience.
  •  Certificate of incorporation (RJSC certified).
  • Certified Memorandum & Article of Association (RJSC certified).
  • List of Directors/Form XII (RJSC certified).
  • Schedule X.
  • Certificate of Commencement for business of Public Limited Company.
  • Financial Statement

 

For Landlord:

  • Ownership documents in favor of applicant(s), e.g. Title Deed, Mutation set with latest land tax or holding tax receipt.
  • Valid Rental Agreements and/or Rent Receipts with tenants/lessees.
  • Photos of the rented out properties.

Ways to Apply

Your money is making money for you & Your Family.

Lending Rate

Click the button below to learn more about our lending rates.

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