Community Bank Car Loan
Community Bank offers a quick and convenient Car Loan facility for purchasing new or reconditioned cars (sedans, SUVs, luxury vehicles, microbuses) to customers nationwide.
FEATURES & BENEFITS
- Loan Amount: BDT 200,000 to BDT 4,000,000*
- Repayment Period: Up to 5 years
- Financing: Up to 50% of the reconditioned or brand new vehicle price
- Minimum Age: 21 years
- Attractive Interest Rate*
- Takeover Facilities available from other banks/NBFIs
*CONDITIONS APPLY
Frequently Asked Questions (FAQs) on Community Bank Car Loan
Q: What is the minimum and maximum loan amount offered by Community Bank for their Car Loan facility?
A: The minimum loan amount is BDT 200,000, while the maximum is BDT 4,000,000.
Q: What is the repayment period for Community Bank’s Car Loan?
A: The repayment period extends up to 5 years.
Q: How much financing does Community Bank offer for new or reconditioned vehicles?
A: Community Bank provides financing for up to 50% of the vehicle’s price, whether it’s new or reconditioned.
Q: Is there a minimum age requirement to apply for the Car Loan?
A: Yes, applicants must be a minimum of 21 years old to be eligible for the Car Loan.
Q: What are the interest rates offered by Community Bank for their Car Loan?
A: Community Bank offers attractive interest rates. Please contact the bank for current rates.
Q: Does Community Bank provide takeover facilities for Car Loans from other banks or NBFIs?
A: Yes, Community Bank offers takeover facilities for Car Loans from other banks or Non-Banking Financial Institutions (NBFIs).