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Cimex Inc. Pvt. Ltd., the authorized distributor of BYD Auto Industry Co. Ltd. in Nepal, has teamed up with NMB Bank to offer a new bank financing tie-up for BYD electric vehicles. This partnership aims to make it easier for Nepalese consumers to purchase BYD EVs by offering competitive financing options.
This new financing partnership with NMB Bank will enable customers to purchase BYD electric vehicles on more flexible payment terms with competitive interest rates and hassle-free repayment options. With this move, Cimex Inc. Pvt. Ltd. aims to promote sustainable mobility solutions and support the government's vision for a greener and cleaner Nepal.
"At Cimex Inc. Pvt. Ltd., we believe that everyone has a responsibility to protect the environment and contribute to a more sustainable future," said Ms. Yamuna Shrestha, Managing Director of Cimex Inc. Pvt. Ltd. "We are proud to partner with NMB Bank, a leader in the banking sector, to offer financing solutions that will help more Nepalese citizens make the switch to electric vehicles."
NMB is providing up to 80% bank financing at 12.49% fixed rate for 5 years and floating rate thereafter for 2 years. BYD electric vehicles have been gaining popularity in Nepal, and this new partnership with NMB Bank will make it easier for customers to embrace sustainable transportation.
