Get your dream vehicle with the least hassle and stay stress-free with our easy solution, applicable to cars, vans, dual cabs and SUVs. Our auto loan facility offers competitive rates and suitable payment options, which makes us the best choice to finance your car. You can buy the car of your dreams under our Auto Loan scheme from a wide range of showrooms and dealerships. Lankan Alliance Ltd. Auto Loan facilities are available for both individual and institutions as well.
Why Choose LAFL Auto Loan?
- Easy and flexible documentation and repayment processes.
- Partial Prepayment or Early Settlement options at any time on the outstanding principal amount.
- Loan amount up to 100% for renowned organization name & up to 90% individual name.
- 100% loan facility for the individual customer secured by full or partial TDR/ FDR and for the employee of specialized corporate.
- Competitive interest rate - anyone can choose considerably of partly cash salary.
- EMI calculation on monthly reducing balance method.
- Minimum fees.
- No hidden charges.
- Structured repayment.
- Tenure from 12 to 72 months.
Auto Loan Eligibility: Minimum 24 years, maximum of 60 years (at loan maturity)
- Salaried person, businessman, self-employed, or a person who has fixed rental income.
- Minimum justified net income of BDT 40,000/-
- A resident of Dhaka, Chattogram, Sylhet, Cumilla, Jashore, Norshingdi, Bogura, Barishal, Mymensingh, Narayanganj, Khulna, Rajshahi city or adjacent area
- Minimum one-year bank A/C relationship with any scheduled bank of Bangladesh
- Having 2 years’ service & 3 years’ experience in the related business
- Completed Application Form
- Valid Photo ID: National ID/Passport/ Driving License of Applicant(s)
- Valid Photo ID: National ID/Passport/ Driving License of Guarantor(s)