Vehicle Loan

INVESTING WITH US ENTITLES


Finance upto 80% financing of the total value for the following

  • The purchase of New Private Vehicles
  • The purchase of New Commercial Vehicles

 

And upto 50% of the total value for

  • The purchase of Second Hand Vehicles (not exceeding 5 years old)


Interest Rate
Click for Interest Rate

Tenure

  • Maximum of 5 years
  • Loan shall be terminated on /or before 60 years of age of the borrower.
  • Repayment: Equal Monthly Installments (EMI)

 

ELIGIBILITY

  • Over 18 years of age
  • Nepali citizens
  • Professionals, salaried individuals and self employed individuals


FEES AND CHARGES

The following charges are to be levied


  • Unscheduled payment: 1.5% of payment amount (conditions apply).
  • Management fee: 050%( Flat) of the loan amount or NPR 5,000 (whichever is higher)
  • CIC Charge: on actual basis

 

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