Auto Loans
Kumari Bank Limited offers the most flexible Auto Loan option that helps you make a best choice when it comes to purchasing a vehicle. The Bank offers highly competitive interest rate and processing fee.
Steer ahead with Kumari Bank, and head to the right direction!
Purpose of Auto Loan
Financing for purchase of new/used Private & Commercial Vehicles to individuals as well as business units.Auto Loan Financing:
Kumari Bank will finance upto
- 50% of total value of the vehicle for personal use
- 70% for Electric vehicle for personal use and
- 70% for commercial use vehicle.
Documentation Checklist
- Income Verification documents with tax-clearance certificate for the last 6 months
- Quotation for New Vehicle
- Valuation from auhtorized vehicle valuators for second-hand vehicles
- Citizenship Copy of the applicant and his/her undivided family members
- Bank-Statement of the applicant of the last 12 months