Saral Banking Sewa

eAuto loan

Get Electric vehicle loan of up to Rs.8,000,000.00 at attractive rates starting at 9.52% p.a. with flexible tenures of up to 7 years. The processing fee varies between 0% and 0.75% of the loan amount.

Nabil Bank Loan Details

+ up to 5%
Up to 0.75% One time fee
Up to Rs.8,000,000.00
Up to 7 Years

Nabil Bank Loan Details

+ up to 5%
Up to 0.75% One time fee
Up to Rs.8,000,000.00
Up to 7 Years

Nabil eAuto Loan makes owning a car effortless by providing a competitive interest rate, requiring easy documentation and quick loan disbursal.

Financing: up to 80% of the vehicle's price.

 

Eligibility

The age of the applicant/co-applicant should be minimum of 21 years at the time of loan origination and the maximum age at the time of loan maturity can be 65 years.

  • All individuals having a sufficient level of income to repay EMIs.
  • Salaried individual - Should be in permanent service.
  • Self Employed individual – Business should be at least 2 years in commercial operation.

 

Documentation

Quotation of electric vehicles as issued from the authorized dealer.

Identification

  • Photograph (2 copies each)
  • Citizenship and/or Passport
  • Relationship Certificate (if applicable)
  • Marriage Certificate (if applicable)
  • Bank (deposit & loan) account statement of at least 6 months
  • Firm/Company Registration Certificate (if applicable)
  • PAN/VAT Certificate (If applicable)
  • Article of Association (AOA) and Memorandum of Association (MOA) (if applicable)
  • Partnership Deed (if applicable)
  • PAN Certificate of the individual (for Loan amount above NPR 5 million)
  • Location Map (Residence & Office)​Location Map (Residence & Office)​

 

Income Source

  • Salary certificate
  • A rental agreement along with tenant’s identification (if any)
  • Audited financials of last 2 fiscal years (For business income) Pension document
  • Copy of renewed/valid blue book of the commercial vehicle along with route permit (For commercial vehicle income)
  • Salary certificate, work permit, valid passport with visa, pay-slip, and/or bank account statement (For foreign employment income)
  • Latest tax paid receipt or tax clearance certificate for all income (where ever applicable)

 

Terms & Conditions

  • Equated Monthly Installment (EMI) of the borrower should not exceed 50% of the borrower’s Gross Income after deducting other loan obligations
  • Disclosed income must be substantiated by the transaction volume of the Bank account along with tax paid receipts
  • Two years experience in the field of commercial transport operation is mandatory (For both registered and unregistered transport operators)

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.