Global IME Bank’s Drive Utsav Offer, Car Loan at 7.29%

KATHMANDU: AUGUST 26 – Global IME Bank Limited has launched various vehicle schemes including electric vehicle loans at a 7.29 per cent interest rate (including premium) under the Auto Express-Drive celebration scheme targeting this year’s festival.

Under the scheme, the service recipients can avail of any other vehicle loan at an 8.19 per cent interest rate (including premium) for a period of up to 7 years and any private vehicle loan for a period of 5 years at a fixed interest rate of 8.49 per cent. The scheme will be available for the purchase of various new vehicles for private purposes.

The bank has also stated that the loan will be decided within two working days after the completion of the loan application process. The bank has stated that it has brought this scheme targeting the general consumers for the purpose of buying vehicles in the market in cheap and simple instalments.

The scheme will be available for a fixed period and will be available from all branches of the bank, the bank said. Considering the convenience of its customers, the bank has been bringing such simple and easy loan schemes. The bank is currently operating a home loan scheme at an interest rate of 7.99 per cent (including premium).