Auto Loan
Drive Your Dream Car, With our Auto Loan !
Overview
Owning a vehicle is not just a necessity but also a significant investment. With competitive rates, flexible terms and a streamlined application process, we are here to help you turn your vehicle ownership goals into reality, whether you are buying new car or refinancing, our auto loan is here to help you achieve your dream.
|
Purpose of loan |
Loan Terms |
Financing Term |
|
For New fuel-based vehicle (private) |
UpTo 7 years |
50% of the quoted price/VAT bill. |
|
For New electric vehicle (private) |
UpTo 7 years |
60% of the quoted price/VAT bill. |
Ready to own your dream car? Calculate your EMI.
Features
Competitive interest rate
Fast approval process.
Branches available nationwide, spanning across all 77 districts
Flexible tenure (upto 7 years)
Financing up to 50% of vehicle price
Counseling to help better financing by our Relationship Managers throughout the process.
Eligiblity for Car Loan
- Nepalese Citizen above 21
- Company (Pvt./Public)/Proprietorship/Partnership (duly registered with the concerned government authority) proposing to use vehicle for personal/private/commercial use.
- Sufficient income and cash flow to serve debt.
Auto Loan Interest Rates
Interest rate for auto loan for up to 5 Years - Base rate + up to 3.50%.
The bank also offer fixed Interest for auto loan. Click here for interest rates
Fees & Charges
Required Documents
Frequently Asked Questions
Related Products
Auto Loan
Global Auto Loan - Green Drive Scheme
Free Credit Card issuance fee for first year
.svg)
Free mobile/internet banking for first year
Competitive interest rate:
8.25% for loan upto 5 years
8.49% for loan upto 7 years
