Get a Proton car at an interest rate of less than one percent
KATHMANDU: OCT. 26 – Jagdamba Motors has announced a plan to provide a loan facility to buy a car at a 0.99 percent interest rate. The company has come up with a plan to provide loans at less than one percent interest rate when the market interest rate has reached 10-11 percent.
The scheme brought by the company was started on Oct. 10 and will continue till Chhath festival. At a time when bank interest rates are changing, the company has announced plans to target customers who want to buy Proton Saga and X70 models at cheaper interest rates.
Customers who purchase a car will be able to purchase the Proton car of their choice by approving the loan within 48 hours of submitting the required documents.
In addition to cheaper interest rates, customers will get different interest rate schemes ranging from 2.99 percent, 5.99, 8.99 and 11 percent depending on their needs. The company has said that the higher the down payment, the lower the interest rate scheme.
The starting price of the Saga model sold by the company is Rs 37.99 lakh while the initial model of X70 is Rs 86.99 lakh. The company is giving discounts by bringing a festival-targeted scheme.
