Auto Loan



Auto Loan is extended to purchase new as well as used vehicle for Private and Commercial use. The Loan is also available to refinance the existing borrowing with other financial institution within the existing repayment period.
  • Financing Amount: -
    • NPR 0.3 to 2 million for Commercial use
    • NPR 0.5 to 5 million for Private/indigenous use
  • Financing Ratio:
    • Up to 80 percent of the cost of vehicle for Private use
    • Up to 70 percent of the total cost of vehicle (or valuation of vehicle) for Commercial use & Heavy Equipment.
  • Tenure: Maximum period of 6 years (In case of new vehicle)
  • Repayment Method: EMI or EQI based.
  • Interest Rate
 
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