Purchase of brand new and reconditioned Car, Jeep, Station Wagon, 4- Wheeler and Microbus for private use only.
Purchase of brand new and reconditioned Car, Jeep, Station Wagon, 4- Wheeler and Microbus for private use only.
Car price as quoted by the vendor may include registration cost.
Car age should not be more than 5 years older from the date of manufacturing
Minimum TK. 200,000/-
Maximum TK. 40,00,000/- or 16 times of gross monthly income, whichever is lower. (Investment amount subject to revision followed by prudential guidelines of BB from time to time).
12-72 months for Brand New Vehicles only.
12-60 months for Reconditioned Vehicles.
Rent Rate is subject to revision as per Bark/ALCO decision from time to time.
Car Quotation from well-reputed vendors with client’s acceptance must be submitted. (A preferred/authorized car vendor’s list will be circulated by Head Office Retail Investment Division).
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