JBL Auto Loan

Jamuna Bank offers car loans to those customers having sufficient net cash flow to deposit the installments regularly of the following customer segment. This 5 years scheme offers maximum 10 seated brand or reconditioned personal transports with maximum BDT 20,00,000 amount of loan for permanent service holders, teachers and other professionals.

Purpose

• To procure brand new/reconditioned Personal Transport, of age not more than 5 years.
• The Vehicle should have maximum 10 seats.
• Model year is in the limit of 5 year.

Age Limit

• Minimum age 25 years and maximum age 54 years.
• But loan tenor shall not exceed 59 years of age.

Minimum Income

• Net Income should be at least BDT 40,000.00 per month. To be substantiated by evidence, the customer must have sufficient net cash flow to repay the loan installments.

Loan Size

• Minimum BDT 5,00,000.00.
• Maximum BDT 20,00,000.00.

Maximum Term of Loan

• 5 years.

Loan to Price

• Regulated by Bangladesh Bank from time to time.

Rate of Interest

• As determined by the bank from to time.

Customer Segment

• For permanent/ confirmed service holders of Government, Semi Government, Autonomous Organizations, Banks, Insurance Companies, Public Limited Companies, Multinational Companies, NGOs, Employees of Private Limited Companies, acceptable to the bank, covered by guarantee of another employee of equal or higher grade.
• Teachers of Universities, Colleges & Schools (Affiliated).
• Professional persons like Doctors, Engineers, Chartered Accountants, and Architects.

Security/ Collateral

• Registration of vehicle in favor of JBL.
• Personal guarantee of the applicant & applicant's spouse.
• Third party Guarantor shall be equal to or creditworthy than the principal applicant.
• Post dated cheques for installments and one undated cheque covering entire loan amount with interest.
• Comprehensive 1st party insurance coverage of asset favouring the bank.

* Condition Apply
Jamuna Bank may change, add or remove any conditions any time without notification.

More Jamuna Bank Credit Offers

• JBL Education Loan
• Jamuna Overseas Job Loan

About Jamuna Bank Limited

Jamuna Bank Limited is one of the well-known private commercial banks in Bangladesh, providing modern and customer-oriented banking services throughout the country. Since its establishment in 2001, the bank has expanded its operations rapidly and gained a strong reputation for reliability, efficiency and technological innovation. Jamuna Bank offers a wide variety of financial services to individuals, businesses and institutions, helping to support economic development and financial inclusion in Bangladesh.

The bank provides comprehensive retail banking services, including savings accounts, current accounts, fixed deposit schemes, personal loans, education loans, debit cards and credit cards. Customers can also enjoy convenient banking facilities through ATM booths, SMS banking, internet banking and mobile banking services. These digital banking systems allow customers to perform transactions quickly and securely from anywhere in the country.

In addition to retail banking, Jamuna Bank plays an important role in corporate and SME banking by offering trade finance, working capital loans, project financing and business support services to industries and entrepreneurs. The bank also supports small and medium enterprises through specialized SME loan programs that encourage business growth and employment generation.

Jamuna Bank further provides Islamic banking services through selected branches and windows, offering Sharia-compliant financial products for customers who prefer Islamic financial principles. The bank is also active in foreign exchange operations and international remittance services, helping expatriate Bangladeshis send money safely to their families. Through its modern services and customer-focused approach, Jamuna Bank continues to contribute significantly to the banking and economic sector of Bangladesh.