BRAC Bank offers auto loan with 25 renowned car vendors | The Business Standard
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SUNDAY, MAY 11, 2025
BRAC Bank offers auto loan with 25 renowned car vendors

Banking

TBS Report
06 March, 2021, 04:10 pm
Last modified: 06 March, 2021, 04:24 pm

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BRAC Bank offers auto loan with 25 renowned car vendors

With an interest rate of 8.5 per cent and a processing fee of one per cent only, BRAC Bank customers can avail of car loan up to Tk 40 lakhs

TBS Report
06 March, 2021, 04:10 pm
Last modified: 06 March, 2021, 04:24 pm
BRAC Bank offers auto loan with 25 renowned car vendors

BRAC Bank is offering an auto loan with an attractive interest rate and processing fee for the country's 25 renowned car vendors.

With an interest rate of 8.5 per cent and a processing fee of one per cent only, BRAC Bank customers can avail of car loan up to Tk 40 lakhs, a maximum of 50 per cent of the car value, for up to 6 years tenure through joint registration of the vehicle in name of the customer and BRAC Bank.

BRAC Bank's auto loan offer is applicable for all brand new vehicles (included Chinese-manufactured ones) and reconditioned vehicles.

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Interested customers may contact their nearest BRAC Bank branch or the 24-hour call centre 16221 to get their desired auto-financing solution.

This offer is valid till March 31, 2021.

To learn more about the BRAC Bank's auto loan feature and associated auto vendors, customers can visit -  https://www.bracbank.com/link/list_of_auto_vendors_for_auto_loan_offers.html.

BRAC Bank / auto loan / vehicle

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