MCB Car4U is a one-stop financing solution to help you own a car of your dream with a complete peace of mind.
You can apply for MCB Car4U loan if you have the income source through the following options:
|Above 1000cc engine capacity vehicle
|Vehicles of up to 1000cc engine capacity
The residual Value product allows you to pay up to 50% of the principal amount as a lump-sum (balloon) payment at the end of the loan tenure. This improves the affordability of the installments as well as helps in buying higher-end vehicle.
If you have already booked any vehicle and need financing for the remaining amount, you can still apply for a loan with MCB Bank through our Post-Booking loan option.
Upgrade with no penalty
You can upgrade your car and adjust your loan against the new loan without a prepayment penalty.
Lease variant is also available for all customers.
This plan allows customers to opt fo
|MCB Account Holders (ETB)*
|Non-MCB Account Holders (NTB)*
|1 - 5
|1Yr KIBOR + 4 %
|1Yr KIBOR + 4.5%
For Further details, dial 111-000-622 for Call Center and/or you may also dial 042-35987979 for our Consumer Helpdesk.
Note:All loans shall be processed and approved as per MCB Bank Limited sole discretion in accordance with regulations and Bank’s approved policies and procedures.
*Terms and conditions apply
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