Home Page

Price Sensitive Information

Interest Rate

Schedule of Charges

Online Service


Personal Loans » Consumers Loan Scheme » Car Loan
Car Loan
General Information
This product will allow vehicle financing to the customer segment in terms of bank’s policy. Under this scheme, the vehicle is hypothecated to the bank only. In addition to this registration requirement, on a case to case basis, banks may also wish to secure the loan partially by the commonly acceptable form of cash/quasi cash securities available in the market.
Customer Segment
Any Bangladeshi individual who has the means and capacity to repay bank loan. In specific terms, these could be salaried executives of multinational and middle to large size local corporate, Government officials, Officials working in reputed NGOs (Non Government Organisations), international aid agencies & UN bodies, any tax paying businessmen of repute, any employed / self-employed tax-paying individual having a reliable source of income.
Purchase of non-commercial new and reconditioned vehicles for personal use only.
Minimum Income
Monthly net income must be 3 times of loan installment.
Loan Size
Maximum loan size will be Tk.15 Lac
Installment Size per Lac
3 years term 4 years term 5 years term
Tk. 3,505/- Tk. 2,806/- Tk. 2,386/-
Loan to Price Ratio
Loan amount can not exceed 65% of the vehicle price in case of minimum downpayment @ 35% in cash. In case of FDR minimum security @ 35% of the vehicle price and loan amount will be 100%.
Security/ Collateral
Hypothecation over the car (lien mark- Hire Purchase raised in the BRTA and blue book of the car).
First party comprehensive insurance of the car (Policy must be renewed every year and copy of the policy must be submitted to the bank)
Post dated cheques for each monthly installment
One undated cheque for full loan value including full interest to be taken in advance.
Personal Guarantee of spouse/parents and an individual having minimum solvency/income not less than that of the borrower supported by income proof.
Legal Documents
Demand Promissory Note
DP Note Delivery letter
Letter of Undertaking
Letter of Hypothecation
Personal Guarantee letter
Hire Purchase Agreement
Interest Rate
Bank Interest 10.00%
Agent Commission 3.00%
Penal Interest
Penal interest shall be charged @ 2% over the normal rate on the defaulted installment.
Maximum Term of Loan
60 months
Repayment Method
Equal Monthly Installment
Disbursement Mode
After loan approval vendor will receive a facility confirmation letter. On the basis of that vehicle will be registered in the name of the bank. After registration, vendor will be paid the total value of the vehicle in the form of Pay Order. Customer should pay the down-payment/total value prior to issuance of facility confirmation letter.
Disbursement pre-condition
Comprehensive Insurance coverage and Registration Document must be in place before giving the Pay Order. Registration of vehicle must be done by the agent and shall be confirmed by the bank official.
Debt Burden Ratio (DBR%)
Debt Burden ratio to be maintained at minimum 33% at all times.
Verification of Personal Details and Quotation
Details of an applicant to be verified by the agent before an approval is accorded.
Letter from employer with details of employment and salary
Borrower and Guarantors (if any) details (addresses – both present and permanent, all telephone numbers of residence, office & mobile no.)
Personal net-worth statement
Car quotation
Bank statement
Substantiation of Income
Proper substantiation of income will be mandatory.
All or any of the following original / true copy of original (accepted only after seeing the originals) documents are accepted for the purpose:
Last Tax Return and latest income tax clearance certificate
Bank Statements for minimum last 6 months
Personal Net-Worth Statement
Any other document that may stand as a proof of income
For any query please Contact at: Tel: (PABX) 9551614 FAX: 880-2-9564009 or e-mail us at [email protected]
Foreign Currency Rates
Currency Buying Selling
USD 81.00 82.50
EURO 86.15 90.80
GBP 99.70 104.70
News & Events

Date: 17 February 2019
Pubali Bank Ltd. holds 1st Managers’ Conference-2019 of Rangpur Region.


04 January 2019
Pubali Bank Ltd. holds 1st Managers’ Conference-2019 of Chattogram South Zone.


03 January 2019
Pubali Bank Ltd. holds 1st Managers’ Conference-2019 of Chattogram North Zone.


December 31, 2018
Safiul Alam Khan Chowdhury re-appointed as Additional Managing Director of Pubali Bank Ltd.


December 05, 2018
Pubali Bank Ltd. organizes “Orientation Program” for newly recruited Armed Guards.


November 13, 2018
Pubali Bank Limited awarded as the highest tax-payer by NBR.


October 18, 2018
A training course on ‘Foundation Training for Senior Officers & Officers’.


October 17, 2018
Pubali Bank Ltd. organizes Fire Safety Training & Fire Drill.


October 11, 2018
Pubali Bank Ltd. holds 2nd Managers’ conference-2018 of Mymensingh Region.


September 30, 2018
Pubali Bank Ltd. donates 15 lac taka to Shahjalal University for Research Purpose.


August 12, 2018
Pubali Bank Ltd. holds 2nd Managers’ Conference-2018 of Dhaka North.


August 09, 2018
Pubali Bank Ltd. donated an Ambulance to Dhaka National Medical Institute Hospital.


July 25, 2018
Disclosure relating to un-audited Half-Yearly (Q2) Financial information.


July 16, 2018
A training course on ‘Foundation Training for Senior Officers & Officers’


July 16, 2018
Pubali Bank Ltd. appointed Muhammad Mijanur Rahman Joddar as AMD-1.


May 20, 2018
Vice-Chairman of Pubali Bank Ltd. elected.


May 10, 2018
Pubali Bank Ltd. holds 35th Annual General Meeting (AGM)


May 10, 2018
Chairman of Pubali Bank Ltd. Re-elected for 02(two) years


April 30, 2018
Pubali Bank Limited honoured with plaque by the Centre for NRBs


April 17, 2018
Pubali Bank Ltd. signs MoU with BRAC Services Ltd


April 15, 2018
Pubali Bank Limited donated Tk.5 (five) crore to the Honourable Prime Minister’s Relief & Welfare fund.


February 22, 2018
Pubali Bank Ltd. signed agreement with Bangladesh Bank.


January 22, 2018
Pubali Bank Ltd. donated a Pick-up to DMP.


January 15, 2018
Pubali Bank Ltd. signed agreement with Bangladesh Bank.


November 28, 2017
Pubali Bank Limited donated 50,000 blankets to Prime Minister’s Relief fund.


November 27, 2017
Pubali Bank Ltd. inaugurates 458th branch at Melandaha Bazar, Jamalpur.


November 08, 2016
A training course on ‘Foundation Training for Senior Officers & Officers’ was held recently under the auspices of Pubali Bank Training Institute.


November 03, 2016
Pubali Bank Ltd. holds 4th conference-2016 of Regional and Corporate Branch Managers .


November 03, 2016
Pubali Bank Ltd. holds 4th conference-2016 of Regional and Corporate Branch Managers .


November 02, 2016
Pubali Bank Limited donates Tk. 20(Twenty) Lac to Dhaka Bar Association .


October 27, 2016
Pubali Bank Ltd. organizes Follow up Meeting with the CLS Agents on Consumers Credit Scheme .


October 23, 2016
Pubali Bank Ltd. gives bicycle to girls of Monir Ahmed Academy, Sylhet .


October 19, 2016
Pubali Bank Ltd. inaugurates its shifted Gulshan Model Town Corporate Branch.


March 01, 2015
Pubali Bank Ltd. recommended for 10% Cash Dividend for the year 2014.


February 23, 2015
Md. Abdul Halim Chowdhury new Managing Director of Pubali Bank Ltd.


February 22,, 2015
1st Managers’conference-2015 of Dhaka South Region of Pubali Bank Ltd. held.


All News