Is it permissible to take a loan from a bank to buy a car, where the bank issues a certified check in the name of the dealership for the value of the car, and the customer cannot receive the amount in cash?

If the bank's transaction involves lending with the condition of repayment with an increase, then this is usury (riba), which is prohibited, and it is not permissible to engage in it. However, if the bank acquires ownership of the car and sells it in installments without a late payment penalty, then this transaction is permissible.