Banking

City Bank Bike Loan: Interest Rates, Requirements, Documents, EMI Calculator, and Contact Number

Owning a bike is no longer just a luxury but a necessity in today’s world. City Bank Limited recognizes this need and offers a hassle-free bike loan to make your dreams come true. This post provides detailed information about City Bank Bike Loan, including interest rates, requirements, documents, EMI calculator, and contact number.

City Bank Bike Loan: Interest Rates, Requirements, Documents, EMI Calculator, and Contact Number

City Bank Bike Loan Interest Rates:

City Bank offers competitive interest rates on its bike loans. The interest rate is determined based on the loan amount, repayment tenure, and the applicant’s credit score. The interest rates typically range from 11% to 14%.

City Bank Bike Loan Requirements:

To be eligible for the City Bank Bike Loan, applicants must meet the following requirements:

  1. The applicant must be a Bangladeshi citizen.
  2. The applicant must be at least 21 years of age and no more than 65 years of age.
  3. The applicant must have a minimum monthly income of BDT 25,000.
  4. The applicant must have a stable job or business with a minimum of two years of experience.

City Bank Bike Loan Documents:

Applicants must submit the following documents to avail of the City Bank Bike Loan:

  1. Filled in the loan application form.
  2. Two passport-sized photographs.
  3. National ID card or passport.
  4. Address proof (utility bills, rental agreement, etc.).
  5. Income proof (salary slip, bank statement, income tax returns, etc.).
  6. Quotation or invoice of the bike to be purchased.
  7. Registration certificate of the bike (if applicable).

City Bank Bike Loan EMI Calculator:

The City Bank Bike Loan EMI calculator is a handy tool that helps applicants calculate their monthly EMI payments based on the loan amount, interest rate, and repayment tenure. Applicants can easily use the online EMI calculator available on the City Bank website to get an estimate of their monthly EMI payments.

City Bank Bike Loan Contact Number:

Applicants can contact the City Bank customer care center at 16234 or 02-8331040 to get more information about the City Bank Bike Loan. The customer care executives are available 24/7 to assist applicants with their queries and concerns.

BRAC Bank Bike Loan Interest Rate:

BRAC Bank offers bike loans at competitive interest rates starting from 9.99% per annum. However, the interest rate may vary depending on the loan amount, repayment tenure, and the applicant’s credit score.

Sonali Bank Bike Loan:

Sonali Bank Limited offers bike loans to eligible applicants with a minimum interest rate of 11.50% per annum. However, the interest rate may vary depending on the loan amount, repayment tenure, and the applicant’s credit score.

City Bank Bike Loan 2023:

City Bank Bike Loan is available in 2023, and interested applicants can apply for the loan by visiting their nearest City Bank branch or applying online through the official website.

City Bank Bike Loan is an excellent option for those looking to purchase a bike without worrying about the upfront cost. The bank offers competitive interest rates, flexible repayment options, and a hassle-free application process. Eligible applicants must ensure they have all the necessary documents and meet the requirements before applying for the loan.

Abdullah An Numan

Greetings, I am Abdullah An Numan, an accomplished entrepreneur, distinguished writer, and seasoned digital marketer with a decade-long track record in the industry. Through steadfast dedication and unrelenting perseverance, I have been able to realize my aspirations and lead the life I envisioned. Alhamdulillah, I am grateful for my achievements thus far.

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