22 August 2024, Kathmandu

Under this new agreement, Mahalaxmi Bikas Bank will offer loans at a competitive interest rate of 9.99% for the purchase of Tata vehicles.

Mahalaxmi Bikas Bank Partners with JB Automotive 

The loan terms vary based on the type of vehicle: for electric vehicles, customers can secure a loan covering up to 80% of the VAT bill or quotation price (whichever is lower) for a maximum term of 5 years. For non-electric Tata vehicles, the loan will cover up to 50% of the VAT bill or quotation price, with a maximum repayment period of 8 years.

Interested customers can easily apply for these loans by scanning the QR code available on the bank’s official website, social media platforms, branch offices, or featured in newspapers.

Mahalaxmi Bikas Bank, known for its slogan “Strong Bank, Successful Cooperation,” has been dedicated to delivering high-quality financial services across Nepal for the past 30 years. This collaboration with JB Automotive highlights the bank’s commitment to enhancing customer accessibility and promoting the adoption of Tata vehicles, including the growing range of electric options.

This partnership not only provides a significant financial advantage for prospective Tata vehicle owners but also underscores Mahalaxmi Bikas Bank’s ongoing efforts to offer innovative and customer-centric financial solutions.

Mahalaxmi Bikas Bank Partners with JB Automotive