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VG Imprex, the sole authorized importer and distributor of GWM vehicles for Nepal, has signed an agreement with Nabil Bank Limited for financing its Internal Combustion Engine (ICE) models (Haval Jolion, Haval H6, GWM Poer and GWM Wingle 5) and Electric Vehicle (EV) Model (Ora 03). Rupesh Sharma Bhatta, Vice President of VG Impex (GWM-Nepal) and Chandani Shrestha, Head of Retail Lending of Nabil Bank Limited, recently signed a memorandum of understanding (MOU).
The signed memorandum of understanding offers customers financing options for their choices of GWM models through Nabil Bank. Nabil Bank will provide auto loans up to 50% to ICE Models at the interest rate of 12.90 % and up to 80% in the case of EVs at the rate of 12.15 %. The loan tenure will be 7 years for both cases.
The contract signed between the two parties will enable many automobile enthusiasts to quickly obtain the vehicle of their choice from GWM- Nepal. Customers can visit the nearest Nabil Bank Branch with the required documents to apply for Auto Loan.
The company hopes that this MOU with one of Nepal’s largest banks shall make GWM’s ownership more accessible to all.
