We have detected that you are using an outdated browser. Using your current browser will prevent you from accessing all features of our website. An upgrade is required to improve your browsing experience. Use the links below to download a new browser or upgrade your existing browser.



Online Banking user please click here Online Banking
0
Add to Favourite
  1. No favourites yet!

Auto Loan

Enjoy your future

with a new car

“Auto Loan” of CBC paves the way to acquire your dream car in the easiest way.Just decide the model, our Auto loan will bring it to your drive way in no time.

 

 

Salient features

  •   A Loan facility for purchasing brand new/ reconditioned cars

  •   Loan Amount: Up to BDT 4 Million

  •   Competitive interest rates and absolutely transparent fees & charges
      Nearest Commercial Bank branch »

     Maximum Tenor: 5 Years

    Options for early settlement and partial pre-payment of the loan

     Income of spouse, parents and siblings if any are considered

     Available at All Branches of CBC in Bangladesh.

    Maximum allowable age of the vehicle is 5 years (from the year of manufacture).

     Security: Hypothecation of the car

     Equity: 50 percent

 

To qualify

You should have a regular monthly income, individually or jointly with your spouse. This income should be sufficient to meet the monthly loan commitment as well as living and other expenses.

Age:

    Minimum age 23 years

    Maximum 60 years at the time of maturity

    Professional Experience:

    Salaried: Confirmed Employee having 1 year continuous service with current employer*

    Businessman: Minimum 3 years of Business experience in same business (with adequate proof)*

Banking Relationship:

Customer must have minimum 6 months satisfactory banking relationship with CBC or minimum 1(one) year satisfactory banking relationship with any schedule Bank in Bangladesh

Required Documents

    Latest one year's personal bank statement

    Photocopy of national ID/Passport

    One copy passport size photograph of the applicant

    One copy passport size photograph of guarantor

    Price quotation of the vehicle

    Business card/ visiting card of the applicant

    Personal TIN certificate

Additional documents required for Salaried Individuals

     Letter of Introduction stating salary, issued by the employer

     Latest one year salary account statement

Additional documents required for business person

     Copy of Trade License

     Company’s bank statement for last one year

     Memorandum of Articles for Limited Liability Company

Additional documents required for self employed person

     Professional Certificate issued by authorized institution

Additional documents required for self landlord

     Valid documents of the property

     Rent receipt/deed

Terms & Conditions apply

Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.

Apply for a loan

Who can apply 

If you are a self employed professional, non employed or employed student registered with an education course provider, you can apply for a Students' Loan.

 

How to apply

  • Download application form and submit the filled form to any Commercial Bank branch 
  • You can also visit a branch of your choice to apply for the loan