Auto Loan & EMI Calculator
Calculate your monthly installments, compare Bangladesh bank interest rates, and prepare your auto loan application with SpeedTouch Autos.
Per month for 60 months (5 Years)
Directly connects your loan calculation to our finance team for fast approval.
Auto Loan Interest Rates & Limits in Bangladesh
Click any bank to apply its official rate directly to the EMI calculator above.
| Bank / Financial Institution | Interest Rate Range (P.A.) | Max Loan (Conventional) | Max Loan (Hybrid / EV) | Maximum Tenor | Action |
|---|---|---|---|---|---|
| Prime Bank PLC | 8.99% | BDT 60 Lac | BDT 80 Lac | Up to 6 Years | |
| BRAC Bank | 10.11% – 12.11% | BDT 60 Lac | BDT 80 Lac | Up to 6 Years | |
| Eastern Bank PLC (EBL) | 10.50% – 12.50% | BDT 60 Lac | BDT 80 Lac | Up to 6 Years (72 Mo) | |
| Bengal Bank | 11.00% – 15.50% | BDT 60 Lac | BDT 80 Lac | Up to 5 Years | |
| AB Bank PLC | 13.50% – 15.50% | BDT 60 Lac | BDT 80 Lac | Up to 5 Years | |
| IDLC Finance | Competitive NBFI | BDT 60 Lac | BDT 80 Lac | Up to 6 Years |
Core Financing Insights & Bangladesh Bank Equity Ratios:
- Equity Ratios: 40% mandatory down payment for conventional fuel vehicles (60% maximum bank financing, capped at 60 Lakh BDT). For eco-friendly Hybrid or Electric vehicles, the down payment drops to only 20% (80% maximum bank financing, capped at 80 Lakh BDT).
- Rate Adjustments: Under Bangladesh Bank oversight, variable consumer retail loan interest rates are typically calibrated once a year based on macroeconomic market reference indicators.
Required Documents for Car Loan in Bangladesh
Ensure you have these primary verification papers prepared for smooth bank approval.
Salary Certificate & Pay Slips
Latest 3 months pay slips and official company letterhead salary certificate.
Bank Statement (Last 6 Months)
Original 6-month salary account bank statement with official bank seal and sign.
e-TIN & Tax Return Acknowledgement
Latest assessment year tax submission acknowledgement receipt or certificate.
National ID & Photographs
Clear copy of Smart NID, 2 passport-size photographs of applicant and guarantor.
Need Dedicated Auto Loan Guidance?
Our auto loan specialists handle bank communication, documentation, and approval end-to-end for SpeedTouch Autos clients.