An auto loan in Nepal helps you finance the purchase of a car, jeep, or other vehicle by borrowing from a bank or financial institution. In 2082, interest rates on auto loans vary from bank to bank and are revised every month based on the base rate set by Nepal Rastra Bank. Most banks offer floating rates, while some also run limited-time offer rates that are lower than standard rates but come with specific conditions. The table below shows the current auto loan interest rates from all licensed banks and financial institutions in Nepal for 2082.
| S.N. | Bank Name | Product | Interest Rate |
|---|---|---|---|
| 1 | Nepal Bank Limited | Auto Loan | 5.37% - 7.37% |
| 2 | Nepal Investment Mega Bank | Auto Loan | 5.51% - 7.51% |
| 3 | Everest Bank Ltd. | Auto Loan | 5.65% - 7.65% |
| 4 | Nabil Bank | Auto Loan | 5.76% - 7.76% |
| 5 | Nepal SBI Bank | Auto Loan | 5.8% - 8.05% |
| 6 | Machhapuchhre Bank Limited | Auto Loan | 6.25% - 8.25% |
| 7 | Rastriya Banijya Bank | Auto Loan | 6.3% - 7.3% |
| 8 | Laxmi Sunrise Bank | Auto Loan | 6.37% - 8.37% |
| 9 | Garima Bikas Bank | Auto Loan | 6.42% - 8.42% |
| 10 | Global IME Bank | Auto Loan | 6.51% - 8.51% |
