Marketing and distribution of products to the customers is very essential and if you are in need of vehicle for doing so or for transport of raw materials, then we have vehicle loan for you to avail so that you needs are fulfilled.

This product can be availed for :

a	Purchasing of New Vehicles for Business
b	Purchasing of Used Vehicles for Business

Features:

a	Maximum of 80% of the value of the vehicle shall be provided as loan
b	Used vehicle shall be valuated by authorized valuator of the bank
c	Client should be at least of 21 years and should not be more than 60 years at the time of availing loan
d	Maximum tenure of loan shall be of 10 years
e	In some instance land and building shall be taken as extra collateral

Benefits:

a	Easy repayment plan matching with the income of the client
b	Personalized service
c	Quick processing and decision shall be obtained within 48 hours after complete submission of documents
d	Easy documentation

Documentation:

a	Passport size photograph (3 Copies) of Loan Applicant / (1 copy) of Guarantor
b	Photocopy of Citizenship of Applicant / Guarantor
c	Photocopy of Registration No and PAN of Company or Firm
d	Copy of Memorandum of Association and Article of Association in case of company
e	Partnership deed in case of Partnership Firm
f	Board Resolution in case of Company
g	Application with appointment for authorization for transactions with bank
h	Photocopy of Land/Building Ownership certificate (Lal Purja)
i	Four Boundary Certificate ( Char Killa )
j	Blue Print Map of the proposed collateral land
k	Building construction approval from Municipality / VDC along with drawing plans (applicable where building is involved)
l	Land revenue tax (malpot receipt)
m	Audited and Projected Financial Statement
n	Feasibility Report of the business or Business Plan

Charges and Interest Rate
Please visit our nearest branch for further information and to learn about charges and interest rate