Agreement between Garima Bikas Bank and United Traders Syndicate

KATHMANDU:An agreement was made between Garima Bikas Bank Limited and United Traders Syndicate Pvt Ltd (UTS).

According to the bank, customers who purchase Toyota vehicles under this agreement will be eligible for a vehicle loan at the base rate.

Chief Executive Officer Madhav Prasad Upadhyay of Garima Bikas Bank and Senior Director Kailash B. Rajbhandari of United Traders Syndicate signed the agreement.

Customers from United Traders Syndicate can now get a vehicle loan from Garima Bikas Bank for up to 12 years at the Aadhaar rate when they buy a new Toyota vehicle.

Customers buy Toyota-branded vehicles for both personal and business uses.