Nabil Bank and Pioneer MotoCorp partner for EV vehicle financing

KATHMANDU:Nabil Bank will provide loan a vehicle sold by Pioneer MotoCorp Pvt. Ltd, the authorized distributor of Nissan vehicles in Nepal. Customers who purchase Nissan vehicles can now easily obtain loans from Nabil Bank, thanks to an agreement between the bank and Pioneer.

The agreement was signed on behalf of the bank by Corporate Head Chandni Shrestha and on behalf of Pioneer Moto Corp Pvt Ltd by Joint General Manager Gyanendra Bahadur Chand.

Following the agreement, it is stated in the release that vehicle loans will be provided at competitive interest rates quickly, easily, and quickly when purchasing Nissan vehicles.

This collaboration aims to provide customers who want to buy a Nissan vehicle with simple and convenient financial services. According to the agreement, the scheme will provide easy vehicle loan facilities to customers from all Nabil Bank branches.

With a tenure of 7 years, the base rate for electric vehicle will be +3.500% to 5%. Customers can now own a Nissan electric vehicle​​​​​​​ for as little as 20% down.

Customers can currently obtain loan services from Nabil Bank's 248 branches across the country. The loan has been modified in accordance with Nepal Rastra Bank's relevant guidelines and instructions. This scheme will be available throughout Nepal from Pioneer Motocorp authorized dealers and all Nabil Bank branches.