Agreement between IME Motors and Everest Bank

KATHMANDU: IME Motors, the official Ashok Leyland dealer in Nepal, and Everest Bank have reached an agreement to provide vehicle loans. The agreement letter was signed by IME Motors CEO Hemant Puranik and the bank's Deputy General Manager Gaurav Kumar.

According to the agreement, customers can get the facility under the offer from 17 showrooms of Ashok Leyland across the country or any branch of Everest Bank.

According to the customer's preferences, the bank will provide vehicle loans at up to 14 percent interest for a maximum of 7 years to purchase Ashok Leyland vehicles. The loan will be made available in accordance with Nepal Rastra Bank's policy guidelines.