L O A D I N G

Get Auto loan of up to Rs.10,000,000.00 at attractive rates starting at 8.79% p.a. % p.a. with flexible tenures of up to 8 years.

title

Bank Of Kathmandu Loan Details

+ up to 6%
Up to 1% One time fee
Up to Rs.10,000,000.00
Up to 8 years
title

Bank Of Kathmandu Loan Details

+ up to 6%
Up to 1% One time fee
Up to Rs.10,000,000.00
Up to 8 years

Bank of Kathmandu provide auto loan to part-finance and re-finance private vehicles (car, jeep, van, pick-up) to be used for personal or own business purpose.

Eligibility Criteria

  • Self-employed Professionals
  • Salaried Employees.
  • Business Establishments.
  • Any other individual having identified source of income e.g. lease, business, pension etc.
  • Minimum age of the applicant - 18 Years (in case of vehicle for personal use).
  • Maximum age of the applicant - 65 years. However age should not exceed 70 years at the date of final repayment of the loan.

Documents

  • Loan Application.
  • Photograph and copy of citizenship of the applicant/sponsor/guarantor.
  • Vat bill from the dealer.
  • Map of the applicant’s/sponsor’s/guarantor’s residence.
  • Net worth statement of applicant/sponsor/guarantor, as applicable.

  • Valid registration certificate and other related documents of business entity, as applicable.
  • Income statement or cash flow details of the applicant/sponsor/guarantor/business entity – proof for substantiation of the income to be submitted:
    • In case of salaried individuals
      • Certification of salary or salary statement, tax paid receipt from the employing organization/company.
      • Bank Statement, as applicable.
    • In case of self- employed professionals
      • Registration document from concerned professional association/council.
      • Details of income.
      • Bank Statement, as applicable.
    • In case of self- employed businessman
      • Business Registration Document.
      • Income Tax Certificate.
      • Latest Audited Financial Statement
      • Bank Statement, as applicable.
    • In case of other sources
      • Latest lease payment receipt or agreements, title deed of property, as applicable.
      • Details of other lease income.
      • Pension slip, interest received statement etc.
      • Net worth statement of applicant/sponsor/guarantor, as applicable.
      • Bank Statement, as applicable.
      • Pro-forma invoice from the dealer of the vehicle addressed in the name of the applicant stating the details of the vehicle (model, options etc.) and quoted price (in case of new vehicle). Valuation report from the authorized vehicle dealer/assessor of the Bank showing details of the vehicle (in case of refinancing).
      • Map of the applicant’s/sponsor’s/guarantor’s residence.

Saral Banking Sewa is solely a  loan comparison site of Nepal. We just help you to find a perfect loan . For that our customer care team  is always ready to guide you with banking  process. We donot guarantee any kind of loan to a customer. And the loan shown here can be change any time.