Jun 21, 2024

Kumari Bank to provide 80 percent loan for purchase of BYD EV

Kumari Bank to provide 80 percent loan for purchase of BYD EV

KATHMANDU: An agreement has been signed between Kumari Bank and Cymex Inc. Pvt Ltd to provide loans to customers for the purchase of BYD brand electric vehicles (EV).

The popularity of EV in Nepal is increasing and accordingly, to meet the demand of its customers, Kumari Bank is going to provide vehicle loans for the purchase of EVs of easy BYD from countrywide branches.

According to the agreement, customers of Kumari Bank can easily get up to 80 percent loan from Kumari Bank when purchasing an EV from any BYD dealer in Nepal and the loan can be taken for a period of eight years.

Kumari Bank is currently providing services through 304 branches, 294 ATMs, 62 branchless banking units and 49 extension counters.

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