Bike Loan BD-Bike loan in Bangladesh 2024

Do You Want To Buy a Bike? You want to buy a bike for your hobby, but you don't have enough money, and you can't buy the bike you want. However, you can read today's article, because today we will share with you how to get a bank loan bd to buy a bike. How to buy your favorite bike with a loan from the bank. Everything will be told through today's article. You must read this article carefully to know the details.

Bike loan in Bangladesh 2022

Currently, many banks are giving bank loans for buying bikes, one of which is City Bank. Also, known banks are City Bank, Prime Bank, Brac Bank, and other banks that give loans for buying hobby bikes. A bike buyer can avail loan facility of up to 80 percent of the motorcycle price. And you will get an installment facility for up to 24 months for repayment of this loan.

People now want to buy their favorite bike at a low price, but they cannot buy their bike because they don't have the money they need. So Bank Loan has introduced this service to buy various Bank Bikes.

How much is the bank loan bd for buying a bike?

A bank loan can be taken from various banks up to a maximum of 10 lakh takas. If you don't take fixed deposit and FDR RA loan here if you want to take the opposite then from City Bank or another bank. If you want to take a bank loan to buy a bike worth Tk 10 lakh, then you should have a monthly income of Tk 15,000 to Tk 25,000. And if you are a businessman or professional freelancer then you should have a monthly income of 20 thousand to 35 thousand takas only then you can get a bank loan for buying a bike.

Bike loan in Bangladesh  Bank Name

Currently, several Banks in Bangladesh are offering loans for buying bikes, among them are:-

• City Bank
• Prime Bank
• Dutch Bangla Bank
• BRAC Bank
• Eastern Bank

Who can take a bank loan to buy a bike?

• The executive
• Self Employed Professional
• Businessman
• Landowner
• Expatriate
• Ride sharing service
• Freelancer

Benefits of taking a bank loan to buy a bike

We are discussing with you the benefits that you can get if you take a bank loan to buy a bike.

• Convenient installments of 12 months to 36 months
• Loan facility from a minimum of 50 thousand takas to a maximum of 10 lakh taka
• Loan facility up to 90% of the total value of bike for women
• Loan facility up to 80% of the total value of the bike
• Hassle-free and quick loan guarantee.
• The loan processing fee is 1% and the fee for women is 0.50%.

What documents are required to take a bank loan to buy a bike?

To get a loan from the bank to buy a bike, you need to collect several documents in advance. If you keep the necessary documents in advance then getting your bike loan won't be a problem. Find out what documents you need to bring. We will try to share with you the documents required by each bank.

• Personal 4 copies of passport-size photograph
• Photocopy of National Identity Card
• E-tin
• Business Card or Office ID
• Personal guarantor
• Reference
• Utility bill copy
• Bike quote
• Security Check (Any Bank)
• Salary Certificate/LOI/Pay Slip
• Bank Statement (6 months)
• Photocopy of house electricity bill (duplicate)
• Driving license
• Certificate signed by the Chairman

Bank Loan BD Application Rules for Buying a Bike

Contact the loan officer of any bank branch of your choice near you with the above-mentioned necessary documents for a bike loan. They will verify your required documents and then confirm your bank loan application for buying a bike.

Conclusion

Finally, I want to say something, in today's discussion, we have tried to inform you about the bank loan for the bike purchase in detail. I hope that by reading this article today you have learned about the bank loan for bike purchases in detail.