Machhapuchhre Bank will provide loans to buy Ecobit brand electric scooters

KATHMANDU:Machhapuchhre Bank Limited will provide financing for the purchase of Ecobit electric scooters. On Sunday, an agreement was inked between Machhapuchhre Bank and the Ecobit brand.

According to the agreement, Machhapuchhre Bank will provide credit through a credit card when purchasing Ecobit brand electric scooters.

The deal was signed at Machhapuchhre Bank's central office by Ujjwal Pandey, the bank's Deputy Chief of Digital Banking, and Harun Khan, the Managing Director of Ecobit Nepal.

According to the bank, the facility will be provided from 6 months to 18 months depending on the loan facility. Under which the customer does not have to pay interest. Also, the loan will be provided at an interest rate of zero percent.

According to the credit facility, while purchasing an Ecobit brand electric scooter, the customer can take the scooter within 5 days of presenting the documentation proving his income.