Thursday, August 29, 2024

Nabil Bank Limited announces auto loan scheme

Kathmandu, Aug. 27

Nabil Bank Limited has announced a special scheme for auto loan financing targeting the NADA Auto Show 2024 which was inaugurated at the Bhrikutimandap of Kathmandu on Tuesday and will run till October 2.

Under this scheme, Nabil Bank has introduced an offer of a fixed interest rate of 8.25 per cent for 5 years and 8.49 per cent for 7 years on auto loan. "It is believed that this will help in providing easy and stable financial assistance for long term to the customers who want to buy the automobile," the bank said in a statement.

The bank, which is providing services by keeping a stall at the NADA Auto Show, has said that if the customers participating in the show choose a vehicle and request a loan, they will immediately provide an offer letter for the same.

Keeping in mind the festive atmosphere, the bank has released this special scheme to provide financial ease and to simplify the process of auto mobile purchase.

The bank has been providing services to more than 2.4 million customers through 268 branches and 316 ATMs. 

 Published in The Rising Nepal daily on 28 August 2024.        


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