Car Investment Scheme (CIS)

To help a section of the officials, business houses and business executives and established professionals for movement in discharging their duties and responsibilities punctually and efficiently as well as for personal use.nd efficiently.

Target Group

Permanent Officials of Govt./Semi-Govt. / Autonomous Body / Corporations /Banks & FIs / Teachers of Govt. & Private Schools, Colleges, Institutions & Universities / Professionals (Doctors /Engineers / Lawyers, CA / ICMA etc.) / Defense Officials / Businessmen / Existing clients / Wage Earners / Executives of Reputed National & Multinational Companies / Senior Executives of reputed Pvt. Ltd Companies / NGO / International Aid Agencies of UN Bodies / House owners of Metropolitan area / Tax paying Businessmen / self employed individual having reliable source of income.

Nature of Goods / Items

Reconditioned/Brand New Private Car/Micro/Jeep/Auto Rickshaw etc.

Mode of Investment


Maximum 4-years for reconditioned & 5-years for Brand New.

Rate of Return

9.00% or the rate to be determined by the Bank from time to time.

Amount of Investment

Maximum Tk.4.00 million or as per Govt. / Bangladesh bank Policy.

Bank's Participation

Investment equity ratio 50:50

Minimum 21-years & Maximum 65-years at the time of application. It may be relaxed up to 70-years for physically and financially sound having able successors and social reputation. In such cases, the proposal will be approved by the next higher authority.

a) For Businessmen or Service Holder: Vehicle (Joint Registration) + Personal Guarantee/Corporate Guarantee for sanctioned amount.
b) For existing clients : Vehicle (Joint Registration) + Further charge + Persoanl Guarantee.

Application Form shall have to be collected from nearest Branch of Islami Bank Bangladesh Ltd.

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