Internet Banking e-Account Branches Card Privilege Achievement Contact Center Tender Downloads Instabalance Instabalance
Internet
Banking
e-Account Branches Card
Privilege
Rewards
& Recognitions
Contact Center Tender Downloads Instabalance Tax Return Submission
Small & Medium Enterprise Investment
Small Business Investment
Housing Investment
Household Durable
Car Investment
Semi Pacca Housing Investment
Investment Scheme for Doctors
Investment Scheme for Executives
Investment Scheme for Marriage
Investment Scheme for Education
Products & Services Investment Schemes » Car Purchase Investment Scheme (CPIS)
Car Purchase Investment Scheme (CPIS)
Special Features:
To purchase any brand new or reconditioned vehicle like Private Car/ Microbus/ Jeep for personal use;
Maximum investment amounts up to Tk.40.00 lac;
Flexibility in repayment up to 05 years;
Competitive profit rate;
Shortest turn around time in the industry;
Early settlement (Fully & Partially) is allowed;
Minimum documentation and formalities;
No collateral security required;
No hidden charge;
FAQ (Frequently Asked Questions)
Q. Who are the eligible Customers for Car Purchase Investment Scheme?
A. Permanent employees of:
  a. Government, Semi-Government, Non-Governmental & Autonomous Organizations;
  b. Different Corporations & Multi-national Companies;
  c. Different Banks, Financial Institutions & Insurance Companies;
  d. Different renowned Government & Private University, College, School & Madrasa;
Worthy businessman having trade license, VAT certificate and TIN;
Professionals like Physicians, Engineers, etc.
Q. Is there any age limit to avail facilities under Car Purchase Investment Scheme?
A Yes, Minimum age 25 years and Maximum age 60 years/up to retirement age (For service holder) and 65 years (For Businessman, Professionals & Property Owner), but expiry date of the Investment Facility must not exceed that age.
Q. What is the minimum monthly income to avail the facility?
A Minimum Tk.70,000/- (For service holder) and Minimum Tk.100,000/- (For Businessman, Professionals & Property Owner)
Q. Which model year of Vehicles are allowed for Car Purchase Investment Scheme?
A Vehicles of Maximum 05 year's old model from current year.
Q. What is the maximum investment limit for Car Purchase Investment Scheme?
A Up to 50% of the price of the vehicle but maximum limit can be Tk.40.00 Lac.
Q. What is Tenor for Car Purchase Investment Scheme?
A Maximum 05 years.
Q. What is the profit rate?
A Most competitive profit rate in the industry.
Q. What is the security for Car Purchase Investment Scheme?
Joint Registration of the vehicle in the name of Bank and client;
Personal Guarantee.
Q. How many guarantors are required?
A Two personal guarantees acceptable to the bank.
Q. What is the application procedure for Car Purchase Investment Scheme?
A Applicant have to contact with any Branch of SJIBPLC near to his/her present address.
Q. What are the necessary/required documents for Car Purchase Investment Scheme?
(i) Documents related to income/Profession
(ii) NID, Latest Tax Return Slip/Certificate, Passport Size photographs of the applicants
(iii) guarantors’ information with documents.
Home | Career | News | Training Academy | Important Links | Tender | Site Map | Circular | Contact