Prabhu Bank & CG Motors reached an agreement, providing low-interest loans for purchase of electric vehicles
Loans are available at the bank's 365 branches across the country, according to the bank.
KATHMANDU: Prabhu Bank Limited and CG Motors Pvt Ltd have reached an agreement. Bank and Motors signed an agreement to provide low-interest loans for the purchase of CG electric vehicles.
The agreement was signed on behalf of the bank by Deputy Chief Executive Officer Maniram Pokharel and on behalf of CG Motors by Chief Executive Officer Hemanta Agarwal.
Customers can obtain a vehicle loan at a competitive interest rate when purchasing Neta V model/brand electric vehicles imported by CG Motors from CG Motors Pvt Ltd, according to the agreement reached between the bank and CG Motors.
Loans are available at the bank’s 365 branches across the country, according to the bank.
The bank believes that this agreement will help to maintain environmental balance by replacing vehicles that use petroleum products with electric vehicles.
