Diminishing Musharakah concept

This mode of financing allows you and Standard Chartered to enter into co-ownership to purchase the car.

More Choices

Saadiq Auto Finance allows financing of brand new, reconditioned as well as second-hand cars of your choice.

Approved by Shariah Supervisory Committee

Approval of our independent Shariah Supervisory Committee helps you to comply with Islamic Banking principles while banking.

  • Flexible Periodic Payment

    Increase your ownership of vehicle through up to 5 years tenor

  • Greater Financing

    We can finance up to 50% of the purchase value, maximum finance amount of BDT 40 lac.

  • Fast processing & approval

    Simple & hassle-free application process and quick approval.

Fees & Charges

Schedule of Charges. For information on Fees & Charges, please refer to Important Information at Home Page of Islamic Banking




Age requirement

Minimum 23 years for main applicant

Mandatory documents for all
  • Copy of valid Photo ID (Passport / National ID / Driving License)
  • Passport size photograph
  • e-TIN Certificate
Supporting Documents
  • Bank Statement
  • Vehicle Price Quotation (If vehicle is finalized)
  • Other Bank Facility Offer Letter / Sanction Letter (if applicable)
  • Income documents


  • Letter of Introduction & latest payslips

Business persons

  • Trade license for all business types, relevant business documents specific to partnerships & limited companies

Self Employed (including doctors)

  • Copy of certificate of professional degree/ membership certificate


  • Property ownership documents, tenancy agreement (if rental income is declared)

*Please note that the Bank may ask for supporting documents if there is any additional need.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.


Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.