Saral Banking Sewa

Global Ime Bank Auto Loan

Get Auto loan of up to Rs.5,000,000.00 at attractive rates starting at 10.01% p.a. with flexible tenures of up to 7 years. The processing fee varies between 0% and 0.75% of the loan amount.

Global IME Bank Loan Details

+ up to 5%
Up to 0.75% One time fee
Up to Rs.5,000,000.00
Up to 7 Years

Global IME Bank Loan Details

+ up to 5%
Up to 0.75% One time fee
Up to Rs.5,000,000.00
Up to 7 Years

Global IME Bank Auto Loan is for financing your vehicle either its new or used. Global IME Bank Auto loan has simple documentation process, with fast processing.

Purpose 

  • Purchase of new vehicle
  • Purchase of loan from other Bank/ Financing Institutions
  • Financing on used vehicles.

 

Features and Benefits

  • Competitive Premium rate.
  • Flexible Repayment Schedule: Monthly (EMI) or quarterly (EQI) basis.
  • Fast approval process.
  • Prompt services.
  • Facility available in all branches.
  • Flexible tenor: Up to 7 years.
  • Financing up to 50% of vehicle price (80% in case of electric vehicle).
  • Counseling to help better financing by our Relationship Managers throughout the process.

  • Individual - Nepalese Citizen above 21 years. Salaried individual, self-employed persons, Company/firm having sufficient income and cash flow to serve debt.
  • Company (Pvt./Public)/Proprietorship/Partnership (duly registered with the concerned government authority) proposing to use vehicle for personal/private/commercial use.
  • Sufficient income source to repay at the satisfaction of the Bank.
  • Any person other than owner/authorized person/executive of the firm/company shall not authorize to avail by auto loan on behalf of the firm/company.
  • Purchase of loan is subject to the satisfactory debt servicing to other Banks/FIs.
  • EMI /EQI:50% of gross income.
  • EMI/ EQI: 80% of uncommitted (disposable) income.

  1. Identification
  • 2 Passport size photos of applicant
  • Photocopy of citizenship certificate/passport of Applicant & guarantor
  • Photo of vehicle to be obtained before implementation of loan
  • Photocopy of Tax/PAN/VAT certificate along with registration certificate
  • Photocopy of Article of Association and Memorandum of Association
  • Photocopy of Land ownership certificate if required
  • Residence/business visit report

 

2. Proof of Income

  • Salary Certificate
  • Photocopy of contract agreement between applicant and his/her employer
  • Photocopy of Rent Contract if any
  • Photocopy of audited Financial Statements in case Firm /Company’s income is considered
  • Self-declared of income
  • Others if any

  

3. Vehicle Related Documents

  • Quotation of vehicles.
  • VAT bill of the vehicle.

     

4. Others

  • Loan application firm duly filled and signed in standard format of the Bank.
  • Name of the family members.
  • Current account of the applicant / borrower.
  • In case of purchase of loan, loan statement from other banks and financial institution.
  • Net worth declarations if required.
  • Multiple banking declaration.
  • Other documents stipulated by the Banks from time to time.

 

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.