Sipradi Trading, NMB bank sign agreement

NL Today

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Kathmandu: Sipradi Trading Pvt. Ltd., the sole distributor of Tata Motors for Nepal and NMB Bank have reached an agreement.

As per the agreement, customers willing to purchase Tata Nexon EV can get a ‘concessional loan’ from branches of NMB Bank throughout the country.

Under the loan agreement, individuals and entities wishing to purchase Nexon EVs can avail bank’s base rate interest rate with zero percent premium. Under this, the bank will provide up to 80 percent finance facility within 24 working hours.