Are you thinking of driving a brand new own vehicle Machhapuchchhre Bank is ready to provide you financial assistance to materialize your dream. We finance upto 90% of the vehicle price at attractive interest rate repayable within 5 years in equated monthly installment. |
- Loan Amount : Minimum Rs.500,000/- and Maximum Rs. 3,000,000/-.
- Interest Rate : Click Here for attractive interest rates.
- Eligibility Criteria :
- Permanent employee of organized sector
- Professionals (Doctor, Engineer, Lawyer, Chartered Accountants, etc.)
- Self-employed individuals, business persons
- Others having proof of regular income source
- Documents Required :
- Evidence of Income Source
- Quotation of Vehicle from the Dealer
- Driving License
- Passport Size Photograph
- Citizenship Certificate
- Security Requirements : The vehicle will be registered and insured in the bank's name. Additional security may be asked for depending upon the case.
- Loan Processing Fee : 1% of the approved loan amount to be paid at the time of loan disbursement.
- Response Time : The loan will be approved within 48 hours, if the application is complete in all respects.
Other terms and conditions will be as decided by the bank from time to time. For more details, please contact to Credit Department in any branch of Machhapuchchhre Bank Limited.
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