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.

Target Group

Permanent officials, teachers, businessmen, house owners, professionals, existing clients of IBBL,wage earners etc.

Nature of Goods / Items

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

Mode of Investment

Hire Purchase under Shirkatul Melk (HPSM)

Period of Investment

Maximum 4-years for reconditioned car and 5-years for brand new cars.

Rate of Return

16.00% or rate to be determined by the Bank from time to time.

Amount of Investment

Tk.2.00 million for reconditioned and Tk.3.00 million for brand new car.

Bank's Participation

30% or as per Bangladesh Bank Guideline.

Age of Clients

Minimum 21 years, Maximum 65 years.


Hypethecation on purchased vehicle, Personal /Corporate Guarantee(s).

How to Apply

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

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