Everest Bank & IME Motors signs an agreement of vehicle loans
The agreement was signed by IME Motors' CEO Hemanta Puranik and the bank's Deputy General Manager Gaurav Kumar.
KATHMANDU: An agreement has been concluded between IME Motors, the official dealer of Ashok Leyland for Nepal, and Everest Bank to provide loans for vehicles.
The agreement was signed by IME Motors’ CEO Hemanta Puranik and the bank’s Deputy General Manager Gaurav Kumar.
Customers can take advantage of the offer at any of the 17 Ashok Leyland showrooms across the country, as well as any Everest Bank branch.
According to the customer’s preferences, the bank will provide vehicle loans at up to 14 percent interest for a maximum of 7 years to purchase Ashok Leyland vehicles.
To obtain the loan, an easy and simple procedure will be used. According to the company, the loan will be available under Nepal Rastra Bank’s policy guidelines.
Ashok Leyland has a strong presence in Nepal’s commercial vehicle market.
The company is expanding its touch points across the country, including showrooms and service.
The company has been aggressively expanding the market and increasing its market share over the last two years.
Ashok Leyland is now the second largest commercial vehicle brand in Nepal.
Recently, the company announced a 5-year warranty for its famous light commercial vehicle ‘Dost,’ which is expected to provide the customer with a comfortable sense of ownership.