29 August 2024, Kathmandu
Global IME Bank Limited has signed a memorandum of understanding with MW Growth Motors and MW Growth Autocorp to facilitate the smooth flow of electric vehicle loans.
Global IME Bank Partners MW Growth Motors
The agreement was signed by Narahari Silwal, Head of Small, Medium, Retail, and Agricultural Loan Departments of the bank, and Gopal Kumar Agarwal, Group Director of MW Growth Motors Pvt. Ltd. and MW Growth Autocorp Motors Pvt. Ltd.
Under this agreement, individuals or companies purchasing electric vehicles from MW Growth Motors and MW Growth Autocorp Motors, including brands like Deepal, Ceris, and Nammi, will be eligible for loans at simplified interest rates. Loan applications with the required documents submitted to the bank will be processed within three working days. The Deepal and Ceris electric vehicle brands are popular among Nepali users, and the company has already started selling the new Nammi electric vehicle in the Nepali market.
The bank is committed to promoting green financing by providing loans for electric vehicles at accessible interest rates. To enhance customer convenience, Global IME Bank regularly introduces various time-sensitive schemes to benefit its customers.
Global IME Bank is the first private commercial bank in the country with a branch network across all 77 districts. The bank operates over 354 branch offices, 379 ATMs, 255 branchless banking services, 68 extension and revenue collection counters, and 3 foreign representative offices, offering excellent service through more than 1,100 service centers.
The bank contributes significantly to the country’s economy by remitting funds from various countries, including the United States, United Kingdom, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India, Jordan, and Hong Kong.
For more details: Global IME Partners MW Growth Motors
