BYD Partners With Prabhu Bank For Easy EV Financing

Cimex Inc., the authorized distributor of the BYD Auto Industry in Nepal, has announced a strategic bank financing tie-up with Prabhu Bank for BYD electric vehicles (EVs). This partnership aims to make it easier for Nepalese consumers to purchase BYD EVs by offering competitive financing options.

The tie-up with Prabhu Bank will enable customers to purchase BYD EVs with attractive interest rates and accessible financing options.

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 64.9 Lakh while the all-new e6 is available at Rs 59 Lakh.

"BYD is committed to providing sustainable and affordable transportation solutions to people worldwide. This partnership with Prabhu Bank will help us make electric vehicles more accessible to consumers in Nepal," said Meman Dhaugoda, CFO of Cimex Inc. Pvt. Ltd.

"At Prabhu Bank, we are committed to supporting initiatives that promote sustainable development. Our partnership with Cimex Inc. Pvt. Ltd. will enable us to offer financing solutions that are tailored to the needs of customers who want to switch to electric vehicles," said Birendra Bhatt, Head-Consumer Banking, Prabhu Bank.