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Laxmi Intercontinental, the sole authorized distributor of Hyundai vehicles in Nepal has signed a memorandum of understanding (MOU) with Global IME Bank Limited to extend financing options for its Electric Vehicles (EVs).
During the ceremony, Rupendra Wagle, Head of Small and Medium Credit Department of Global IME Bank Limited and Indra Prasad Sapkota, General Manager of Laxmi Intercontinental signed the memorandum of understanding
Accordingly, customers can now finance their Hyundai EVs via Global IME bank at an interest rate of 12.99%. The vehicles purchased under the plan will be delivered within 3 working days. Global IME Bank Limited will be the largest bank in Nepal in terms of paid-up capital after the completion of its impending M&A with Bank of Kathmandu Limited.
The contract signed between the two parties will help many EV enthusiasts get easy access to the vehicle of their choice from Hyundai, says the company.
Customers can visit any branch of Global IME Bank or any of the 17 showrooms of Hyundai around the country and contact respective departments to avail of the offers. Hyundai Nepal currently offers the Kona Electric and Ioniq 5 in the Nepalese market.
