Automotive Finance & EMI Estimator
Calculate Your Auto Loan with Multiverse Auto.
Real-time calculation based on Bangladesh Bank regulations. Compare interest rates across leading commercial banks and NBFIs for Conventional and Eco-Friendly Hybrid vehicles.
Vehicle Category
Vehicle Price
৳ 45,00,000
Down Payment
20% (৳ 9,00,000)
Loan Tenor (Repayment Period)
5 Years (60 Mo)
Interest Rate (% per annum)
8.99%
Estimated Monthly EMI
৳ 74,785
Per month for 60 months
Vehicle Price:
৳ 45,00,000
Initial Down Payment:
৳ 9,00,000 (20%)
Bank Loan Principal:
৳ 36,00,000
Total Interest Payable:
৳ 8,87,100
Total Repayment:
৳ 44,87,100
Directly connects your loan calculation to our finance team for fast approval.
Institutional Transparency
Auto Loan Interest Rates & Limits in Bangladesh
| Bank / Financial Institution | Interest Rate Range (p.a.) | Max Loan (Conventional) | Max Loan (Hybrid / EV) | Maximum Tenor |
|---|---|---|---|---|
| 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.
• 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.
Application Readiness
Required Documents for Car Loan in Bangladesh
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.