Car Loan is a term financing facility to individuals to aid them in their pursuit of have a car of their dream. The facility becomes affordable to the clients as the repayment is done through fixed installment s commonly known as EMI (equal monthly installment) across the facility period. Depending on the size and purpose of the loan, the number of installments varies from 12 to 60 months. In case of brand new cars the loan tenure will be maximum 72 months.

Targeted market
The target market for personal loan will mainly comprise of following category

1. Salaried employees of institutions in cities where Dhaka Bank Operates.
2. Professionals who are self employed and have at-least 3 years of independent practice in the area of profession.
3. Businessmen who are permanent residents of Dhaka, Chittagong, Sylhet metropolis and where Dhaka Bank Operates with at least 3 years of continued operation in the line of business.

Restrictions and client eligibility

1. Loans are restricted to Bangladeshi nationals falling in the categories mentioned below. The minimum age for any borrower is 25 years and the maximum age is 52 years with a minimum verified Gross Family Monthly Income of BDT 45,000.

Salaried employees	- Permanent salaried employees with at-least 12 months of confirmed service with the present employer. - Work station in Dhaka, Chittagong, Sylhet and where Dhaka Bank operates - University graduates
Professionals	- Doctors, Dentists, Engineers, Chartered Accountants, Architects who are members of their professional institutes. - Practice and location in Dhaka, Chittagong, Sylhet and where Dhaka Bank operates. - At-least 3 years of continued practice in the respective profession in Dhaka or Chittagong.
Businessmen	- Continued operation of the enterprise of at-least 3 years in the present line of business. - Membership of the trade association. - A resident of Dhaka, Chittagong, Sylhet and where Dhaka Bank operates for at least 5 continuous years.

Loan amount limits under the program	Type of Loan	Minimum loan amount	Maximum loan amount
	Car	Not specified	Tk 20,00,000

Dhaka Bank Car Loan EMI Schedule
	All Reconditioned Cars including Indian & Chinese Cars			All Reconditioned Cars Except Indian & Chinese Cars
Loan Amt	12 M	24 M	36 M	48 M	60 M	72 M
1,00,000	9,073	4,896	3,516	2,834	2,432	2,169
2,00,000	18,146	9,793	7,031	5,668	4,864	4,338
3,00,000	27,219	14,689	10,547	8,502	7,295	6,508
4,00,000	36,292	19,585	14,063	11,336	9,727	8,677
5,00,000	45,365	24,482	17,579	14,170	12,159	10,846
6,00,000	54,439	29,378	21,094	17,004	14,591	13,015
7,00,000	63,512	34,274	24,610	19,838	17,023	15,184
8,00,000	72,585	39,170	28,126	22,672	19,454	17,353
9,00,000	81,658	44,067	31,641	25,506	21,886	19,523
10,00,000	90,731	48,963	35,157	28,340	24,318	21,692
11,00,000	99,804	53,859	38,673	31,174	26,750	23,861
12,00,000	1,08,877	58,756	42,188	34,008	29,182	26,030
13,00,000	1,17,950	63,652	45,704	36,842	31,613	28,199
14,00,000	1,27,023	68,548	49,220	39,676	34,045	30,369
15,00,000	1,36,096	73,445	52,736	42,510	36,477	32,538
16,00,000	1,45,169	78,341	56,251	45,344	38,909	34,707
17,00,000	1,54,242	83,237	59,767	48,178	41,341	36,876
18,00,000	1,63,316	88,134	63,283	51,013	43,773	39,045
19,00,000	1,72,389	93,030	66,798	53,847	46,204	41,215
20,00,000	1,81,462	97,926	70,314	56,681	48,636	43,384