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Laxmi Intercontinental, the sole authorized distributor of Hyundai vehicles in Nepal, has signed an agreement with Nabil Bank Limited to expand financing options for its Electric Vehicles (EVs) and Internal Combustion Engine (ICE) vehicles.
As a result, customers can now finance their Hyundai vehicle, EV or ICE, through Nabil Bank at a 12.99% interest rate. Once the bank has verified all of the required documents, the loan will be approved in 3 working days with a 7-year term. The loan financing percentage for EVs is 80% in the case of individuals and 70% for firms. Likewise, for ICE vehicles up to 50% financing in the case of individuals and 70% for firms.
Customers can take advantage of this offer by visiting any Nabil Bank branch or any of Hyundai's 17 showrooms across the country. Customers can easily obtain their preferred vehicle with this agreement. Hyundai aims to make vehicle ownership simpler for everyone with the help of this MOU with one of Nepal's largest banks.