AB Bank Vehicle Auto Loan

The lending table is headed "Interest Rate on Loan w.e.f. September 01, 2025" and prints a mid rate beside a range. The page says the proposed rate is variable and compounding, with quarterly rests, or an annual rest for agricultural credit, and that it may be revised every 3 months. The page names this Auto Loan. It prints 50% of the vehicle price, subject to a maximum of Tk. 40 lac, for up to 60 months. The vehicle is registered in the name of the bank. The page prints a free application and a processing fee of 0.50%, not over Tk. 15,000, up to Tk. 50 lac, and 0.30%, not over Tk. 20,000, above Tk. 50 lac. It says the rate is attractive. The lending table prints an auto loan at a mid rate of 14.50% and a range of 13.50% to 15.50%. Lending table: https://abbl.com/rates-and-charge/lending-rates/ Confirm the current rate with the institution before comparing.