Target Customers:

Loan-eligible Nepali citizens who are permanent residents within the institution's service area, as well as eligible individual firms, partnerships, and companies that are duly registered with the relevant authorities and have maintained timely renewal of their registrations.

Loan Amount, Tenure, and Type:

• Financing available for up to 60% of the original Proforma Invoice or quotation price of the vehicle, issued by an authorized dealer and clearly specifying the brand and model.
• Maximum loan tenure: up to 7 years.
• The auto loan will be of a non-revolving nature.

Collateral Requirements:

• The financed vehicle itself, real estate property, and/or personal guarantees may be accepted as collateral security.