Honda Bikes Loan / EMI Facility

2022-02-26 Views: 11823

Honda Bike Loan Facilities

Honda is the favorite brand for all of us and even though this brand does not offer installment facilities on its own but there is an opportunity to buy Honda bikes through BRAC Bank and Citibank bike loans. The installment facilities are given below.

Buy Honda bike through BRAC Bank Bike loan facilities.

• Interest rate: 12% for male and 11.75% for female customers.
• Processing Fee: 1% for male and 0.5% for female customers.
• Down payment: 20% of product value for men and 10% for female customers.
• Loan amount: Taka 50,000 to Taka 500,000.
• Loan term: 1 year to 3 years.

Buy Honda Bike Through City Bank Bike Loan

Loan amount is up to TK 10,00,000. In this case you will be able to receive 80% of the amount with registration fee. (For women you can get 100% money including registration fee)
- Installment period is from 6 to 36 months
- Special installment and processing fees for women are absolutely free.
- Opportunity to buy more than one bike
- 90% loan against City bank FDR
- Age range 21-65 years

Minimal experience

- 1 year for salaried person
- 1 year for business, freelancer and professional
- 6 months for Ride Sharing persons
- 6 months for foreign remittance earner

Minimum income

- TK 12,000 / - for City Bank Staff Salary Officer.
- TK 15,000 for a salaried officer receiving money in an account.
- TK 20,000 for a salaried officer receiving cash.
- TK 25,000 for businessman, professional, landlord / homeowner.
- TK 30,000 for a freelancer.
- TK 15,000 for ride sharing person.
- TK 20,000 for foreign remittance earner.
Requried Documents for The City Bank Bike Loan.