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NADA Auto Show 2025: Banks Announce Auto Loans at Competitive Interest Rates

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NEPSE TRADING

NADA Auto Show 2025: Banks Announce Auto Loans at Competitive Interest Rates

At the NADA Auto Show 2025, more than half a dozen banks have announced offering auto loans to customers purchasing vehicles at competitive interest rates. The banks include NMB Bank, Sanima Bank, Nepal SBI Bank, Agricultural Development Bank, Nabil Bank, Global IME Bank, Himalayan Bank, and Laxmi Sunrise Bank.

These banks have set up stalls at the NADA Auto Show venue to provide information about their services. NMB Bank will offer loans at an interest rate of 7.13% for electric vehicles, and a 5-year loan will be available at an interest rate of 8.89%. Agricultural Development Bank is offering the lowest interest rate at 6.23% for auto loans.

Nabil Bank will provide loans at a minimum interest rate of 6.74%, while Global IME Bank will offer loans at 6.99% interest. The bank has also introduced a fixed-rate plan at 8.25% for a 5-year loan.

Nepal SBI Bank will offer loans at 6.99% interest, with loan terms ranging from 3 to 7 years. Laxmi Sunrise Bank is offering auto loans at a fixed rate of 7.99% for a 7-year term, while Himalayan Bank will provide loans at 7.57% for an 8-year term. Sanima Bank will offer loans for electric vehicles at a fixed interest rate of 7.49%.

This year’s NADA Auto Show sees banks offering attractive interest rates on auto loans, providing customers with more affordable and convenient financing options.

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