DBBL Auto Line

DBBL Auto Line

An interesting package with lower income requirement.

Key Product Features

Interest Rate 10.00%
DBBL will finance DBBL Auto Line for personal use only.

Floating (Variable) Interest
N/A
Min. financing Amount BDT100000
Max. financing Amount BDT2000000 4000000
Min. loan tenure 1 year
Max. loan tenure 5 year
Islamic / Conventional Conventional
Approval duration 1 month DBBL may take approximately 1 month to approve and review your loan request.

Fees and Charges

One time set-up Penalties
Processing fee
1% on approved loan amount.

Sanction letter fee
N/A
Early Settlement
2% or 1,000 BDT whichever is higher (on overdue amount).

Late Payment Charges
N/A
Other Charges

No additional charges required for this loan.

Eligibility

Age requirement
Age 21years - 65years

Min Income requirement
BDT25000 gross per month

Employment Eligibility
  • Salaried Employee
  • Self Employed
  • Minimum monthly income must be above BDT 25,000.
  • Salaried Employee, Businessmen and Professionals can apply for this loan.

Other requirements


Car Registration
Car will be registered in the name of applicant and hire purchased marked with DBBL.
Allows joint applicant?
No
Car Insurance
Mandatory car insurance required for this loan.
Security

Hypothecation over the car.

Guarantor
You just need only two guarantors to be approved to get this loan.

DBBL Auto Line

Required Documents


You just need the following documents to be approved to get this loan :

  • Valid NID and 2 copy PP size photographs of the applicant.
  • Copy of Salary Certificate.
  • Bank statement of last 6 months.
  • Copy of Utility Bills (such as Gas/WASA/Electricity).


Additional Information


N/A