BRAC Bank has partnered with BEG Autos to launch the exclusive ‘Drive and Fly’ campaign, designed to make your next car purchase seamless and highly rewarding. Customers will enjoy the offer while purchasing car from BEG Autos with BRAC Bank Auto Loan.
1. What auto loan benefits is BRAC Bank offering under the ‘Drive & Fly’ campaign?
BRAC Bank is providing two exclusive benefits for campaign customers:
2. What is the duration of the ‘Drive & Fly’ campaign?
The campaign runs from 13 November 2026 to 13 February 2027.
3. What are the offers from BEG Autos?
Upon purchasing any car model from an authorized BEG Autos showroom using a BRAC Bank Auto Loan, customers can choose one of the following rewards:
*Note: These rewards apply to all vehicle models with absolutely no exclusions.
4. At which showrooms are these offers available?
These offers are available at all authorized BEG Autos showrooms.
Information regarding BRAC Bank Auto Loan
Question: What are the minimum and maximum auto loan amounts available?
Answer: Loans up to a maximum of
Question: What is the maximum percentage of the vehicle's price that can be covered by the loan?
Answer: Loans up to a maximum of
*For these categories, the maximum loan amount is Tk 80 lakh (for hybrid, electric, and domestically produced vehicles) and Tk 60 lakh (for non-hybrid vehicles), while the minimum loan amount is Tk 5 lakh.
Question: What is the maximum repayment period for the loan?
Answer: You can repay the loan over a maximum tenure of 72 months.
Question: What are the minimum and maximum age requirements for a loan applicant?
Answer: The primary applicant must be at least 25 years old, while the co-applicant must be at least 20 years old. The primary applicant’s age must not exceed 65 years at the time of loan maturity.
Question: Who can apply for an auto loan?
Answer: Salaried employees, businesspersons, landlords, and self-employed individuals (doctors, engineers, freelancers, mariners, etc.) are eligible to apply for the loan.
Question: What is the minimum monthly income required to apply for an auto loan?
Answer: Minimum monthly income:
Question: Who can be a co-applicant for the loan?
Answer: A co-applicant is not mandatory for an auto loan. If included, the co-applicant may be the applicant’s spouse, parent or child. Their income may be considered if it meets the minimum monthly income requirement of BDT 15,000.
Question: What is the interest rate for the auto loan? Does it remain fixed throughout the loan tenure?
Answer: The prevailing auto loan interest rate is published on BRAC Bank’s website. The rate is variable and may change in line with prevailing market conditions and directives issued by Bangladesh Bank.
