Auto loan

Financing available for

  • Personal car financing
  • Used Personal Car financing
  • Taxi Financing
  • Commercial vehicle financing.
  • Vehicle for Business use.

Benefits

  • Competitive interest rates.
  • Quick Processing Time.
  • Easy documentation.
  • Personalized service.

  • Up-to 50% of financing (Up to 80% for electric vehicles)
  • Flexible loan Tenure (Maximum up to 8 years depends upon nature of vehicles.)
  • Minimum loan NPR 0.4 Million and Maximum up to 15 Million.
  • Age: 23 years to 65 Years at the time of maturity

  • Copy of Citizenship
  • PP size Photograph (applicable for all).
  • Copy of Quotation of the Vehicle for New Vehicle.
  • Valuation Report from Bank’s approved Valuators for used Private Vehicle.
  • Salary Certificate (for salaried employees).
  • Certified Statement of Income (for professionals).
  • Contracts/ Agreements (for individuals with fixed Income Sources).
  • Registration Document at the concerned Nepal Government Office and Tax Office (for firms/companies).
  • Memorandum of Articles and Association (if Private Limited).
  • Partnership Deed (for Partnership firm).
  • Board Resolution (if Private Limited and Institutions).
  • At least 2 years past audited financials for business income.

Benefits

Competitive

Easy

Quick

Personalized