22 September 2024, Kathmandu
IME Motors and Reliance Finance have entered a strategic partnership to provide up to 70% vehicle financing. This agreement aims to make vehicle purchases more accessible to customers by offering financing for up to 70% of the total vehicle value through Reliance Finance.
IME Motors and Reliance Finance Enter Strategic Partnership
Key Highlights of the Agreement
This partnership brings a significant benefit to customers looking to purchase vehicles with more flexible and easy financing options. It also aims to increase the accessibility of vehicle ownership and contribute to the growth of the Nepali automobile sector.
The agreement was signed between Sushil Subedi, Assistant General Manager of IME Motors, and Nirmal Adhikari, Chief Financial Officer of the company, along with Samaj Prakash Shrestha, CEO of Reliance Finance, and Navindra K.C., Head of Retail and SME at Reliance Finance.
Up to 70% of Vehicle Financing
Customers can now avail of up to 70% financing on vehicle purchases through Reliance Finance as part of this partnership. This financing option will provide customers with more flexibility in purchasing vehicles, making ownership easier and more accessible.
Benefits of the Partnership:
- Easy and Efficient Process: The collaboration between IME Motors and Reliance Finance will enable a smooth and simple process for customers to access financing.
- Increased Accessibility: With up to 70% financing, customers will find it easier to own a vehicle, which will also contribute to the growth of the automobile sector.
- Customer-Centric Solutions: This partnership focuses on offering attractive financing options that meet the financial needs of customers, making vehicle purchases more affordable.
The commitment of IME Motors and Reliance Finance
Sushil Subedi, Assistant General Manager of IME Motors, stated that the partnership would allow the company to offer better financing solutions and help expand the market for Ashok Leyland vehicles. Samaj Prakash Shrestha, CEO of Reliance Finance, also expressed the company’s commitment to providing excellent financing services in collaboration with IME Motors to meet the needs of their customers.
Conclusion
The strategic partnership between IME Motors and Reliance Finance has added a new dimension to vehicle financing. It is set to boost the growth of the Nepali automobile sector while offering greater convenience to customers. Through this agreement, customers can now easily access up to 70% financing, making the process of purchasing a vehicle simpler and more affordable.
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