7th August 2025, Kathmandu
In a move to stimulate the Nepali automotive market, Everest Bank Limited has unveiled a compelling vehicle financing scheme at the ongoing NIMA Mobility Expo 2082.
Everest Bank Vehicle Loan Expo
The special offer, available exclusively during the expo, provides customers with a low-interest rate of 6.52% on loans for vehicles valued between NPR 2.9 million and NPR 15 million.
As one of the key sponsors of the NIMA Mobility Expo, Everest Bank is making a significant push to attract potential car buyers. The 6.52% annual interest rate is derived by adding a 1.25% premium to the bank’s base rate of 5.27% for the Nepali month of Sawan (July/August).
This is a notably competitive rate designed to be more appealing than the bank’s standard auto loan products.
The offer is a limited-time opportunity, with the special rate valid only for the duration of the expo. However, a provision has been made for bookings placed during the event: if the bank’s base rate changes in the following month, Bhadra (August/September), the new base rate will be applied, but the 1.25% premium will remain constant.
Industry analysts are calling the initiative a timely boost for consumers who have been waiting for a favorable financing environment. With a range of vehicles on display, from personal cars to commercial and electric vehicles, the low-interest loan from Everest Bank provides a significant incentive for attendees to make a purchase.
The NIMA Mobility Expo 2082, organized by the Nepal Automobile Importers and Manufacturers Association (NAIMA), is showcasing a wide variety of vehicles and new technologies. The partnership with financial institutions like Everest Bank is crucial for turning consumer interest into actual sales, and this special loan offer is expected to play a key role in driving business at the event.
Everest Bank Limited: A Trusted Name in Nepal’s Banking Sector
Established in 1994, Everest Bank Limited (EBL) is one of Nepal’s leading commercial banks, recognized for its strong financial foundation and customer-centric approach. The bank has consistently demonstrated stability, growth, and innovation in Nepal’s evolving banking landscape.
EBL operates with a mission to provide quality banking services by blending modern technology with personalized customer care. It is widely known for its wide reach and extensive branch network across Nepal. With over 100 branches, 135+ ATMs, and numerous extension counters, Everest Bank ensures accessible and efficient services even in remote areas.
One of EBL’s unique strengths is its collaboration with Punjab National Bank (PNB), India — a strategic partner that holds a 20% stake in the bank. This cross-border partnership has enabled EBL to adopt international banking standards while maintaining local relevance. The collaboration also benefits customers with efficient Indo-Nepal remittance services.
Everest Bank offers a wide range of products and services, including savings accounts, fixed deposits, loans, mobile banking, internet banking, and trade finance. It also caters to corporate and SME clients with tailored financial solutions.
With a reputation for innovation, Everest Bank has embraced digital transformation by offering user-friendly mobile and internet banking platforms. The bank has also been active in promoting financial literacy and social responsibility through various community initiatives.
Backed by a strong team and visionary leadership, Everest Bank continues to be a trusted financial partner for individuals, businesses, and institutions across Nepal.
For more: Everest Bank Vehicle Loan Expo