Everest Bank Vehicle Loan at NAIMA Expo 2025 – Low 6.52% Interest Rate & Flexible Terms
9th August 2025, Kathmandu
The NAIMA Nepal Mobility Expo 2025 is in full swing at Bhrikutimandap, Kathmandu, and Everest Bank, the esteemed Title Sponsor, is making vehicle ownership dreams a reality for Nepalese citizens.
Everest Bank vehicle loan NAIMA Expo 2025
With an array of attractive loan schemes and special expo-only benefits, the bank is at the forefront of facilitating vehicle purchases for both personal and commercial use.
Unbeatable Interest Rates: An Expo Exclusive!
For those looking to purchase a new vehicle, Everest Bank is offering an exceptional deal at the NAIMA Expo. Customers who book their vehicles during the event can avail of an interest rate of just 1.25% above the bank’s base rate, bringing the current effective interest rate down to an incredible 6.52%. This highly competitive offer allows for comfortable repayment over up to seven years in convenient monthly installments.
Beyond the expo-specific offer, Everest Bank also provides fixed interest rate schemes:
- 7.49% for a 5-year loan tenure
- 8.99% for a 7-year loan tenure
Flexible Financing and Lower Service Charges
In line with government policy and Nepal Rastra Bank (NRB) regulations, Everest Bank is offering financing of up to 60% of the vehicle’s price for both petroleum and electric vehicles (EVs) for personal use.
This is a significant point, as recent NRB directives have aligned the LTV ratio for EVs with traditional internal combustion engine (ICE) vehicles at 60%, removing the previous 80% advantage for EVs. For private commercial vehicles, the bank goes even further, providing financing of up to 75% of the price.
To sweeten the deal further for expo visitors, Everest Bank has slashed its service charge to an incredibly low 0.5% for the duration of the NAIMA Nepal Mobility Expo. This makes it even more affordable to secure financing for your desired vehicle.
Whether you’re an individual seeking a personal car or a business looking to expand your fleet, Everest Bank’s vehicle loan facility caters to diverse needs. Applicants are required to provide proof of income and other essential documents as stipulated by the bank.
With such compelling offers and the convenience of direct consultation at the NAIMA Nepal Mobility Expo 2025 (August 6-10), Everest Bank is truly empowering Nepalese consumers to drive away with their dream vehicles.
Vehicle loan practices in the Nepalese market are primarily driven by banks and financial institutions, offering financing for both new and reconditioned vehicles. Loan-to-value (LTV) ratios typically range, with electric vehicles (EVs) often receiving more favorable financing (up to 80% of the price) compared to traditional petrol/diesel vehicles (around 50-60%). Loan tenures generally extend up to 7-8 years. Collateral often includes the financed vehicle itself, with additional requirements for real estate or personal guarantees.
The readiness of the Nepalese market for vehicle loans is a mixed bag. While there’s a clear demand, especially for personal use, the market has experienced fluctuations. Liquidity crunches, higher interest rates, and regulatory changes by Nepal Rastra Bank (NRB) have sometimes impacted loan accessibility.
However, with increasing awareness and the government’s push for green initiatives, there’s a growing inclination towards EV financing, with banks actively offering competitive interest rates for them. The demand for vehicle loans, particularly for EVs, is showing an upward trend, indicating a gradual but steady adaptation of the Nepalese market to modern financing solutions.
Everest Bank Limited
Catering to more than 14 lac customers, Everest Bank Limited (EBL) is a name you can depend on for professionalized & efficient banking services. Founded in 1994, the Bank has been one of the leading banks of the country and has been catering its services to various segments of society. With clients from all walks of life, the Bank has helped the nation to develop corporately, agriculturally & industrially.
Punjab National Bank (PNB), India’s first Swadeshi Bank, commenced its operation on April 12, 1895, from Lahore and was the first bank purely managed by Indians with Indian Capital. During the long history of the Bank, 9 banks have been merged with PNB.
Awards and Recognition during the year 2021-22:
Best MSME Bank (PSU) in the 8th MSME Excellence Awards for FY’21 by ASSOCHAM.
Best Data Quality Improvement Award on Commercial Bureau for FY’21 amongst Public sector Banks by TransUnion CIBIL
Jointly with M/s Infosys won the “Global Banking & Finance Awards 2021” in the category “Initiative Core Amalgamation” for FY’21 by Global Finance Review Company.
Secured 1st position amongst peer banks under the Agriculture Infrastructure Fund (AIF) campaign launched by the Ministry of Agriculture and Farmers Welfare.
The bank now has a total of 39,167 delivery channels with a network of 10,098 domestic branches, 2 International branches, 13,350 ATM’s and 15,719 Business Correspondents.
The Bank has 2 International branches in Gift City, Ahmedabad, and Dubai. The Bank has two overseas subsidiaries, viz. PNB International Ltd., London, and Druk PNB Bank Ltd. Bhutan Bank has its representative offices in Myanmar and Bangladesh.
As a joint-venture partner (holding 20% equity), PNB has been providing top management support to Everest Bank Limited under a Technical Service Agreement.
Everest Bank Limited (EBL) provides customer-friendly services through its wide Network connected through the ABBS system, which enables customers to perform operational transactions from any branch. The bank has 133 Branches, 168 ATM Counters, 32 Revenue Collection Counters, and 4 Extension Counters across the country, making it a very efficient and accessible bank for its customers, anytime, anywhere.
