Padma Bank launches auto loan scheme

Published : 18 Aug 2022 08:52 PM

Padma Bank Limited has made it easy to get an auto loan. Not only for new or reconditioned cars, but also, Padma Bank offers loan facilities for buying used or second hand cars. 

A loan of 50% of the buying price of the vehicle or a maximum amount of Taka 40 Lakh is available. Customers can now afford their dream car with Padma Bank Auto Loan.

The grand launching of Padma Bank Auto Loan took place at the Gulshan Club, Dhaka on Wednesday, August 17th following proper hygiene rules.  Managing Director and Chief Executive Officer of Padma Bank Ltd. Tarek Reaz Khan was present as the chief guest on the occasion. 

Dr. Chowdhury Nafeez Sarafat, Chairman of Padma Bank presided the launching program, Also BARVIDA (Bangladesh Reconditioned Vehicles Importers and Dealers Association) President Md. Habib Ullah Dawn graced the event as special guest.

Managing Director and Chief Executive Officer of Padma Bank Tarek Reaz Khan said, “Padma Bank has always come forward with the latest services and facilities to meet the needs of the customers. Auto loans are no exception. "

BARVIDA’s President Md. Habib Ullah Dawn said, “I thank Padma Bank's youth-oriented Board of Directors as well as talented workforce for launching such an exceptional loan service. With their diligent efforts, many middle-class families will be able to make their dream of buying a car come true".