Nepal Investment Mega will provide electric vehicle loans with affordable interest rates

KATHMANDU:Nepal Investment Mega Bank would make electric vehicle loans by adding only one percent to the base rate.

Paramount Motors and Nepal Investment Mega Bank have reached an agreement to issue loans to customers at this rate.

The bank granted a loan at this rate for the purchase of MG Motors. For this, the customer has been given the option of keeping a 20% down payment.

This facility will be available with the purchase of the MG ZS EV, MG4 EV, and MG COMET EV.

Paramount Motors is MG Motors' authorized dealer in Nepal.