Vehicle Loan

Do you remember … the four-wheeler that you always dreamt of owning? Don’t you always imagine the thrill of owning that dream machine?

If you are a salaried individual, professional or an entrepreneur, this is your opportunity to get behind that wheel.

We finance up to 80% of the cost of the vehicle that is new or will be less than 8 years old at the time of final maturity of the loan.

All we need is proof of your income and/or reference/guarantee from your employer/individual acceptable to us.

Depending on your income and the car you choose to buy, a loan of NPR 300,000.00 to NPR 5,000,000.00 can be availed of at a very competitive rate of interest. Repayments are calculated on an Equal Monthly Installment (EMI) basis that goes easy on your monthly budget.

And the tenor is kept flexible to suit your need: you can take a minimum of 12 months or a maximum of 60 months to repay. You also have an option of prepaying your loan and all you will be charged is a low 1% on the outstanding amount.

So, if you are 25 years (or more) of age or have been in business for at least 2 years, walk in to our nearest office and get an auto loan approved for a nominal processing fee. We guarantee a decision on your application within 48 hours of receipt of your completed application.

Our credit & marketing officers will be pleased to provide further information

Terms & Conditions

  • Registration of the vehicle will be in the Bank's name
  • Bank reserves the right to call for additional Registered Mortgage over land and / or building.
  • First Repayment Date is from the subsequent month of initial drawdown
  • Repayment is to be made in Equal Monthly Installments (Interest + Borrowings) which will not exceed 50% of the borrower's monthly earnings.