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Cimex Inc. Pvt. Ltd., the authorized distributor of the BYD Auto Industry in Nepal, has partnered with Everest Bank to provide customers with easy financing options for its electric vehicles. This strategic collaboration between Cimex and Everest Bank aims to make it easier for customers to purchase and own a BYD electric vehicle, as the bank will provide up to 80 percent financing on the purchase of any BYD electric vehicle.
Through this partnership, customers will be able to access financing facilities from all branches of Everest Bank with a special competitive interest rate for BYD vehicles for up to seven years, making it more affordable and convenient for them to switch to eco-friendly transport. With only a 20 percent down payment, customers can now own the recently launched BYD Atto 3 at Rs 12.98 Lakh, or the all-new BYD e6, the longest-range EV in Nepal, at Rs. 11.80 Lakh. The BYD Atto 3 is priced at Rs 89.9 Lakh while the all-new e6 is available at Rs 59 Lakh.
This financing arrangement will comply with the related directives and guidelines of the Nepal Rastra Bank, ensuring that customers are provided with a secure and trustworthy financing option. Everest Bank will be sanctioning the loan for BYD customers within 7 working days subject to submission of all required documents and also provide a 33% discount on prevailing loan processing fees.
"BYD has always been committed to providing high-quality, eco-friendly mobility solutions to customers. We are proud to partner with Cimex Inc. to provide customers with easy and hassle-free financing options for the BYD Atto 3," said Ms Yamuna Shrestha, Managing Director of Cimex Inc.
"We are excited to partner with Cimex Inc. and BYD to offer, innovative and eco-friendly electric vehicles that will help us build a sustainable future for the general public. This partnership will allow EV enthusiasts to easily avail of financing options for BYD EVs and contribute towards a greener environment," said Mr Keshab Raj Poudel, Dy. General Manager of the Everest Bank.
