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2012-04-04
EBL sign MoU with Navana to provide automobile loan
Eastern Bank Ltd EBL and Navana Ltd a leading brand automobile distributors of the country have signed a MoU in Dhaka recently

Muklesur Rahman Deputy Managing Director EBL and Saiful Islam Shumon Senior Vice Chairman Navana Ltd signed the MoU on behalf of their respective organisations Ali Reza Iftekhar Managing Director and CEO of EBL was present on the occasion

Under the MoU EBL will provide up to Tk 20 lakh automobile loan to Navana customers without any processing fee within five working days at a discount than the usual interest rate

On the other hand EBL Auto Loan customers will enjoy special discount on various automobiles at Navana showrooms discount on Navana battery and lubricants and other value added sales and after sales services Navana CNG will also offer discount to customers

EBL Auto Loan is repayable within 60 months and with an option of early full and final settlement

Any Bangladeshi national between the age of 22 to 60 years with a minimum regular monthly income is eligible for EBL Auto Loan

The signing ceremony was attended among others by Head of Asset Anwar Hossain Head of Cards Nazeem A Choudhury Head of NRB Towfiqul Alam choudhury Head of Brand and Marketing Ziaul Karim from EBL and Operative Director J A Nasser Head of Sales and Marketing Hamdur Rahman Simon from Navana Ltd
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