LankaBangla Finance Auto Loan

LankaBangla Finance Auto Loan

LankaBangla Finance Auto Loan that you can use to buy a car for yourself. More specifically, when a lender lends you cash to buy a car, you are agreeing to pay the lender the total loan amount plus interest. Like any other loan, you must repay the loan amount and the interest amount in monthly installments.

Features of LankaBangla Finance Auto Loan

  • Loan facility up to 90% of the vehicle price
  • Up to 100% loan facility for institution/organization
  • 100% loan facility for the individual customer secured by full or partial TDR/ FDR and for the employee of specialized corporate
  • Three (3) months grace/moratorium period facility for salaried individual
  • Loan tenure from 12 to 60 months
  • Loan facility for both individual and institution/ organizational name
  • Early settlement & partial pre-payment facility.

Eligibility Criteria

Age: Minimum 23 years, maximum 65 years (at loan maturity)

Personal Guarantor: One (01)

Eligible persons for the loan

  • Salaried person
  • Businessman
  • Self-employed, or
  • A person who has a fixed rental income
  • Minimum Income: BDT 70,000
  • Having 2 years’ service & 3 years’ experience in the related business.

Required Documents to apply for Lankabangla Finance Auto Loan

Here is the documents list you need to submit when applying for a personal loan from Lankabangla Finance. You can check Prime Banks car loan offer with minimum document list.

Common Documents list:

  • Completed Application Form
  • Copy of National ID/Passport/ Driving License of Applicant(s)
  • Valid Photo ID of Guarantor(s)
  • Recent Photographs of Applicant(s) (Self-Attested)
  • Recent Photograph of Guarantor(s) (Attested by Applicant and Guarantor)
  • e-TIN Certificate along with IT-10B
  • Copy of Utility Bill- Electricity/Gas/WASA (If applicable)
  • Bank Statement of the last 12 months
  • Income Tax Return acknowledgment slip signed by the client.

Frequently Asked Questions (FAQs) on Lankabangla Finance Auto Loan

FAQs: Lankabangla Finance Auto Loan

Q: How do I apply for Lankabangla Finance Auto Loan?
A: To apply for Lankabangla Finance Auto Loan, follow these simple steps:

  1. Visit the Lankabangla Finance website.
  2. Click on ‘Retail,’ located under the ‘Menu Bar’ tab.
  3. Select ‘Auto Loan’ under the ‘Retails’ section.
  4. Click on ‘Apply Now’ or ‘Apply Online.’
  5. Enter your email ID and mobile number, then click the proceed button.
  6. A Lankabangla Finance representative will contact you to proceed with the application.

Q: What are the eligibility criteria for obtaining the auto loan?
A: To qualify for the auto loan, you need to meet the following criteria:

  • Age: Minimum 23 years, maximum 65 years at loan maturity.
  • Minimum Income: BDT 70,000.
  • Employment: Minimum of 2 years’ service and 3 years of experience in the related business.

Q: Where can I obtain the Lankabangla Finance Car Loan application form?
A: You can obtain the loan application form through the following methods:

  • Download from the bank’s official website in the ‘Downloads’ section.
  • Visit one of the nearest branch offices of the bank and collect the application form from there.

Q: How can I contact customer care for more details on Lankabangla Finance car loans?
A: You can reach out to our customer care help desk for assistance using the following contact details:

  • Customer Care Number: 16325 (available 24/7).
  • Alternatively, you can make product inquiries and file complaints online through the Lankabangla Finance website.

Q: What is the loan tenor for Lankabangla Finance Auto Loan?
A: The loan tenure ranges from 12 to 60 months, providing flexibility to suit your repayment preferences.

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