TIB Car Scheme

Purchase of non-commercial new/reconditioned vehicles for personal use

  • Investment Size :Investment amount would be max 80% of the vehicle price but not Exceeding BDT 12 lac.
  • Mode of Investment :Hire Purchase under Shirkatul Melk (HPSM).

  • Tenor :Max 60 months.

  • Investment Burden Ratio (IBR %):40% of Net Monthly Income.

Any confirmed and in-service Defense Officers (Bangladesh Army, Bangladesh Air Force and Bangladesh Navy) who have the meansand capacity to repay bank investment.