BRAC Bank offers spl auto loans on purchases at 25 vendors

Business Desk | Published: 23:20, Mar 06,2021


BRAC Bank is offering auto loans at special interests and processing fees on purchases made at 25 car vendors, said a press release.

At an interest rate of 8.5 per cent and a processing fee of 1 per cent only, BRAC Bank customers can avail car loans of up to Tk 40 lakhs, a maximum of 50 per cent of the car value, for up to six years through joint registration of the vehicle in the name of the customer and BRAC Bank.

BRAC Bank’s auto loan offer is applicable on all brand new vehicles, including Chinese-manufactured ones and reconditioned vehicles.

Interested customers may contact their nearest BRAC Bank branch or call the 24-hour call centre on 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 the bank’s web site.

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