Auto Loans

Kumari 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:

1. 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;
  • 80% 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