| Segment | Professionals, Salaried Executives, Businessmen, Land Lord and Other Selective Individuals based on repayment capacity & worthiness. |
|---|---|
| Minimum Income for Eligibility | Tk. 100,000/- |
| Purpose | Financing Personal Transport |
| Maximum Investment Amount | Tk. 60.00 Lac |
| Maximum Tenor | 60 months |
| Rate of Profit/Rent | The rate to be determined by the Bank from time to time. |
| Primary Security | Hypothecation & joint registration of the vehicle |
| Personal Guarantee | 1 family member guarantee & 1 Non-family member guarantee |
| Fees & Charges | As per Latest SIBPLC Schedule of Charges (SC) |
| Mode of Investment | Hire Purchase under Shirkatul Melk - HPSM |
