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NCC Bank Affordable Car Key

  • Purchase of Registered Used Car for personal use.
  • Loan maturity must be within 10 years from date of manufacturing for registered used car/vehicle..

Target Segment:

  • Salaried
  • Self-employed professional
  • Businessman
  • Landlord/Landlady

Age Limit:

  • Minimum: 21 Years
  • Maximum: 65 Years but for salaried segment, maximum age is 60 years or retirement age whichever is earlier

Loan Limit:

  • BDT 400,000.00 to 2,500,000.00

Loan Tenure:

  • 1 to 5 years

Loan to Value ratio: 50:50

Minimum Income:

  • BDT 50,000.00
  • Salaried employees having at least two years of confirmed service.
  • Self-employed professionals i.e. Doctor, Architect, Engineer, Chartered Accountant etc who are engaged in independent profession having minimum 2 years of experience.
  • Businessman having minimum 3 years of engagement in business.
  • Landlord/Landlady (Rental Income Holder): Not required.
  • National ID (NID/Smart Card) for applicant.
  • Recent studio photograph (Passport Size).
  • TIN Certificate / Acknowledgement slip.
  • Car Quotation / Deed of agreement with applicant's acceptance
  • Acceptance of car undergoing valuation and the acceptance of the value placed
  • Bluebook / Certificate of Registration, Fitness, Tax Token, NID / Driving License of present owner

Salaried Person

  • Salary certificate or Letter of Introduction (LOI) / Pay slip
  • Bank Statement of last 6 months
  • Copy of Office ID/ Business Card

Businessman

  • Trade license copy (For three years business proof).
  • Partnership deed copy (for partnership concern).
  • Memorandum of Articles /Memorandum of Association (for Limited concern). Form X/ XII /117/ Board Resolution for any shareholder or share number change
  • Company Bank Statement of last 1 year (If customer owns more than one proprietorship business concern, personal statement cannot be considered and customer has to provide company bank statement.)
  • Company TIN, BIN, Export-Import license, Contract license (if any)
  • Business Card

Self-Employed Professionals

  • Income supported documents (if any).
  • Personal Bank Statement.
  • Business Card
  • Professional Certificate (as applicable)
  • Declared Income on personal letter head pad

Landlord/Landlady

  • Ownership Proof (Electricity/Gas bill/ Mutation/Sale deed copy/ etc)
  • Rental Agreement
  • Personal Bank Statement