Saral Banking Sewa

Prime Commercial Bank Auto Loan

Get Auto loan of up to Rs.6,000,000.00 at attractive rates starting at 10.68% p.a. with flexible tenures of up to 12 years. The processing fee varies between 0% and 0.75% of the loan amount.

Prime Commercial Bank Loan Details

+ up to 5%
Up to 0.75% One time fee
Up to Rs.6,000,000.00
Up to 12 Years

Prime Commercial Bank Loan Details

+ up to 5%
Up to 0.75% One time fee
Up to Rs.6,000,000.00
Up to 12 Years

Prime Commercial Bank has launched Auto Loan for both private and commercial purposes. The Prime Auto loan covers both new and used vehicles financing with instant information on maximum loan limit of provided circumstances.

  1. Private Auto Loan 

Prime Commercial Bank has launched “PRIME VEHICLE SCHEME” for personal vehicle financing. You can purchase new as well as second hand vehicle with the help from this Auto loan scheme.

Features of Private Auto Loan

  • Financing up to 80% of Buying Cost
  • Instant decision by Bank – You know immediately the maximum amount you can borrow

Eligibility Criteria 

  • Employee/ Salaried Persons
  • Fixed Income Group (Having rental/ pensions/ property) etc.
  • In case of used vehicle, the vehicle should not be older than 5 years from the date of manufacture of the vehicle.

Documents Required 

  • Identification documents like Citizenship, Passport
  • Documents certifying current salary (for employee)
  • Certified Income Statement
  • Audited Financial Statement for past two years (for business income)

 

2. Commercial Auto Loan

Features of Commercial Auto Loan

  • Financing up to 70% of Buying Cost
  • Instant decision by Bank- You know immediately the maximum amount you can borrow
  • Processing Fee/ Prepayment Charges: 1% of loan amount

Documents Required 

  • Identification documents like Citizenship, Passport
  • Documents certifying current income
  • Paper of Agreements/ contracts (for Fixed Income Groups)

 

Repayment of loan should always be on EMI basis. The loan amount plus outstanding interest will have to be paid each month. In case of second hand vehicle the loan with interest should be repaid within the residual economic life of the vehicle.

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.