Kumari Bank provide loan to purchase electric vehicles

KATHMANDU: An agreement has been signed between Kumari Bank Limited and Sipradi Trading Pvt Ltd to provide credit to customers for purchasing electric vehicles of Tata Motors.

Recently, the popularity of electric vehicles has been increasing and according to this, the bank will easily provide loans from its nationwide branches to meet the demands of its customers.

According to the bank, after this collaboration, its customers will easily get a loan of up to 80 percent of the project price from the bank to buy electric vehicles of Tata Motors. The term of the loan is up to 8 years.

Kumari Bank has been providing convenience to its customers through a nationwide network of 304 branches, 294 ATMs, 62 branchless banking units and 49 extension counters.