Reliance Finance to provide loans for purchasing Joylong & SRM EVs
Under the agreement, customers purchasing electric vehicles from both brands will be eligible for loans of up to 70% of the vehicle's price.
KATHMANDU: Reliance Finance Limited has announced that it will provide loans at competitive interest rates to customers purchasing electric vehicles from the Joylong and SRM brands.
This initiative comes as a result of a business collaboration agreement between Pooja Construction Nepal Pvt. Ltd., the authorized dealer for Joylong and SRM electric vehicles in Nepal, and Reliance Finance Limited.
Under the agreement, customers purchasing electric vehicles from both brands will be eligible for loans of up to 70% of the vehicle’s price.
The finance company promises attractive and competitive interest rates, flexible loan terms, and personalized consultation throughout the application process.
The agreement was signed by Vivek Bijukchhe, CEO of Pooja Construction Nepal Pvt. Ltd., and Samajprakash Shrestha, CEO of Reliance Finance.
This collaboration aims to facilitate customers wishing to purchase Joylong and SRM electric vehicles, fulfilling the aspirations of buyers in the Nepali market.
The loan facility of up to 70% is expected to encourage the use of environmentally friendly electric vehicles.
Customers can avail of this hire purchase loan from Reliance Finance’s Sitapaila branch in the Kathmandu Valley and from all branches outside the valley.
Puja Construction Pvt. Ltd. is a reputable company under the renowned business group, Vishal Group, in Nepal.
