Durbar

Product
Summary

Now a day to run the business operation smoothly the dependency of Commercial Vehicle is increasing rapidly. According to need of commercial vehicle we launched our Product Durbar. Choose LankaBangla’s commercial vehicle loans to get the best terms and interest rates.

Our Commercial Vehicle Loans are:

• Range of products under one umbrella.
• For trucks, buses, light commercial vehicles and small commercial vehicles.
• Cargo, Prime Mover, Trailer, Tank Lorry, Dump Truck, Crane and other heavy commercial vehicle
• Preferred financier status with all leading manufacturers/suppliers
• Simple documentation processes.
• Quick turnaround time.
• Flexible financing solutions to meet individual requirements.

Product
Features

• Loan Amount : Loan amount from BDT 1.0 million to BDT 50.00 million.
• Loan to Value : Loan up to 80% of the vehicle Price; For Brand new vehicle 90%
• Loan Term : Up to 60 months
• Payment mode : Equal monthly installment.

What are the
Eligibilities

• Business experience : Minimum 2 year experience in the same line of business
• Age : Minimum 21 years & maximum 60 years

Required
Documents

• Copy of updated Trade License
• Photographs of Applicant and guarantor(s)
• Valid NID of Applicant and Guarantor(s) Trade License, E-TIN
• Bank statement submission is mandatory
• Copy of Utility bill
• Rental deed copy
• Price Quotation from Vendor
• Copy of joint registration

Apply
Online