Car Loan

Owning a car is no longer a luxury; rather, it has become a basic necessity. In this time of rush hour traffic and round-the-clock routine, having your own car ensures personal control as well as mobility. In one word, it improves your quality of life. FAS Finance Car Loan facility is here to make it happen for you.

Scope

  • Our facility is to help you purchase brand new and/or reconditioned vehicles

Loan Tenure

  • Maximum 5 years

Repayment

  • Equal Monthly Installments (EMI)

Benefits

  • Faster service
  • Maximum possible loan amount
  • Competitive interest rates
  • Special discount on vehicle price offered by renowned dealers, under special arrangement with FAS Finance
  • Partial or full prepayment options
  • No Personal Guarantee required
  • No hidden charges or fees

Eligibility

Eligible Segments

  • Between 22 years to 60 years (Loan must be repaid on or before the age of 60)
  • Service-holders, Professionals, Self-employed Persons, Business Persons

Minimum Monthly Income

  • Service-holders/Professionals: Taka 40,000 (including income of co-borrower, in case of joint application)
  • Landlords: Taka 50,000
  • Business Persons:
    • Small and Medium Segment: Taka 50,000
    • Corporate Segment: Taka 75,000
  • NRB Service-holders: Taka 75,000; NRB Business Persons: Taka 100,000