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Auto Loan

NIC ASIA Auto loan is an exclusive financing option to “move in style” by owing a vehicle of your own
choice. With an aim to enhance and upgrade your automobile experience, there are varieties of Auto loan
scheme available with simple loan processing and minimum turnaround time.

1.Eligibility

  • Nepali Citizens: 20 years and above
  • Duly registered firm/companies

2.Competitive Interest Rate and service charge
3.Attractive financing limit

  • Up to 65% for individuals
  • Up to 80% for firm/companies

4.Loan Tenure: Up to 7 years
5.Simple documentation and loan processing
6.Loan facility for purchasing various type of vehicles-

  • Private/Red Plated vehicle
  • Semi-commercial vehicle
  • Green Plated vehicle
  • Commercial/Black Plated vehicle

7.Choices of product as per your need:

  • Normal EMI based Auto loan
  • Pre-approved Auto loan-: Get your loan approved before choosing your dream car
  • Auto Balloon financing –: An innovative product where the customer will have option to schedule bulk payment.
  • Second Hand/Used Vehicle financing
  • Loan against self-owned vehicle
  • Loan Refinance/Swap

For more information/enquiries, please contact nearest branch or type “AUTO” and send SMS to 34488.

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