Prime Bank Launches Exclusive Benefits for BYD Loans

Bangladesh is accelerating its transition towards electric mobility, and Prime Bank PLC has taken a significant step to facilitate this shift by unveiling a new suite of exclusive benefits for customers purchasing BYD vehicles. With electric cars increasingly capturing the interest of environmentally conscious motorists, the bank’s latest auto loan offerings are designed to make the adoption of clean, sustainable transportation simpler, more affordable, and rewarding.

This initiative has been launched in collaboration with CG Runner BD Limited, the authorised distributor of BYD vehicles in Bangladesh. A formal agreement was signed recently at BYD Bangladesh’s flagship showroom in Tejgaon, Dhaka, marking a strategic partnership aimed at enhancing customer experience in the rapidly growing electric vehicle (EV) sector. Senior officials from both Prime Bank and BYD Bangladesh were present, highlighting the importance of the collaboration and its long-term vision for sustainable mobility in the country.

Under the new arrangement, Prime Bank customers taking auto loans to acquire a BYD vehicle will enjoy additional complimentary servicing benefits, effectively reducing long-term maintenance costs. Customers borrowing between BDT 3 million and BDT 4 million will receive one extra free service on top of BYD’s standard complimentary package. Meanwhile, those securing loans between BDT 4 million and BDT 6 million will benefit from two additional free services. These incentives aim to make EV ownership smoother, more economical, and reassuring for first-time and returning electric vehicle buyers alike.

The agreement was formally endorsed by Md. Nazim A. Chowdhury, Deputy Managing Director of Prime Bank, and Hafizur Rahman Khan, Chairman of BYD Bangladesh. Also in attendance were Sajid Rahman, SEVP of Corporate and Institutional Banking at Prime Bank, and Pranab Kumar Das, Director of BYD Bangladesh, alongside other senior representatives from both organisations. Their presence reflected a shared commitment to promoting greener, more sustainable transportation solutions across Bangladesh.

Prime Bank emphasised that this collaboration demonstrates its dedication to offering lifestyle-oriented benefits and superior banking services to its customers. By facilitating easy and competitive loans for internationally standardised electric vehicles, the bank not only supports Bangladesh’s transition to eco-friendly transport but also reinforces its strategy of expanding innovative and digitally enabled financial solutions.

As the nation steadily moves towards a cleaner automotive future, such partnerships between financial institutions and leading EV manufacturers are expected to play a crucial role in accelerating consumer adoption, shaping the market, and advancing Bangladesh’s green mobility ambitions.

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