Fiscal Nepal
First Business News Portal in English from Nepal
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NIC ASIA Bank and CG Motocorp, the authorized distributor of Suzuki vehicles in Nepal, have inked an agreement to make the bank a financing partner.
The agreement for the same was signed between Assistant CEO of the bank Mr. Santosh Kumar Rathi and MD Sales and Marketing of CG Motocorp Mr. Siraj Pant amid an event.
Following the agreement, CG Motocorp will include the bank as its financing partner while selling the Suzuki four wheelers whereas the customers purchasing the vehicle will receive special package of vehicle loan from the bank.
The bank has launched Super Chamatkarik vehicle loan with just 8.25% interest and 0.25% admin charge for the purchase of private and commercial vehicles where customers can receive upto Rs 2 crore in loan for a maximum period of 15 years, as per the media statement.
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