Sipradi Trading Pvt. Ltd., the sole authorised distributor for Tata Motors in Nepal, has recently signed an agreement with NMB Bank Limited regarding the vehicle loan of up to 80% for the customers planning to buy the Tata Nexon EV.

According to the agreement, any individual or institution looking to purchase Tata Nexon EV will get an easy, affordable loan facility from all branches of NMB bank in the country with zero percent premium based on the base rate of the bank. NMB will finance up to 80 percent of the total cost of the vehicle within 24 hours. The loan will be floated in line with the related directives and guidelines of Nepal Rastra Bank.

On behalf of Sipradi Mr. Shawant Jung Sijapati – DGM, Sales and Marketing – PBVU signed the contract with Mr. Sudesh Upadhyaya – Chief Officer, Business and Strategy Department of NMB Bank. With the signed agreement, the customers will now have more ease and quick processing time for the purchase of the Tata Nexon EV.

Tata Motors Nepal has recently launched the Nexon EV in Nepal at a starting price of NPR 35.99 Lakh. For more details on Tata Nexon EV, please visit here