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Auto Loan

Auto Loan

Our Auto loan with all its inclusive features is the ultimate solution for your financing needs. With simple documentation process coupled with our speed of delivery and flexibility, you can drive your vehicle today itself- be it brand new or used.

You Can Avail
•    New Passenger Car Financing
•    Used Passenger Car Financing
•    Commercial vehicle Financing
•    Cash Against Existing Vehicles
•    Refinancing from your existing Financier

•    Minimum 30% Equity contribution
•    Flexible Loan Tenure (up to Maximum Period of 5 years)
•    Maximum Loan amount to NPR 2 Million

•    Convenient Repayment Plan(Monthly installment)
•    Lower  Interest Rates
•    Quick Processing Time
•    Easy Documentation

 Basic Documentation:
•    Copy of Citizenship (mandatory for Nepalese) or Passport (for foreigners) – Applicable for all
•    PP size Photograph (applicable for all)
•    Copy of Quotation of the Vehicle for New Vehicle
•    2 Valuation Report from Bank’s approved Valuators for used Private Vehicle
•    Salary Certificate (for salaried employees)
•    Certified Statement of Income (for professionals)
•    Contracts/ Agreements (for individuals with fixed Income Sources)
•    Registration Document at the concerned Nepal Government Office and Tax Office (for firms/companies)
•    Memorandum of Articles and Association (if Private Limited)
•    Partnership Deed (for Partnership firm)
•    Board Resolution (if Private Limited and Institutions)