22nd August 2025, Kathmandu
The air at Bhrikutimandap is buzzing with excitement as the NADA Auto Show 2025 captivates thousands of visitors. While the gleaming new cars and cutting-edge electric vehicles (EVs) are the main attraction, a critical component of the purchasing decision for many Nepalis is the availability of favorable financing.
Bank Auto loan NADA
Recognizing this, a significant number of banks have established dedicated stalls at the show, providing a one-stop solution for prospective car buyers. With a wide range of loan products and competitive interest rates, these financial institutions are playing a crucial role in driving the nation’s automotive market.
For many, a new vehicle remains an aspirational purchase that is often made possible through a reliable and affordable bank loan. These financing schemes are not just individual transactions; they are vital arteries that keep the automotive sector and the broader economy active.
This year, eight prominent banks have a strong presence at the NADA Auto Show, each vying to offer the most attractive auto loan packages. ICTFrame brings you a detailed breakdown of what each bank is offering, with interest rates ranging from an impressive 6.23% to 8.25%.
Agricultural Development Bank (ADBL) leads the pack with a highly competitive offering. The bank is providing auto loans at a minimum interest rate of just 6.23%.
This is achieved by adding a mere 0.36% premium over its current base rate of 5.87%, making it one of the most accessible options for borrowers. ADBL also charges a reasonable 0.75% service fee, ensuring a low entry cost for those looking to finance their new ride.
Nabil Bank, a major player in Nepal’s financial landscape, is offering flexible loan options. Their auto loans are available for up to 7 years with a minimum interest rate of 6.74% and a 0.5% service fee.
For customers who prefer a predictable financial commitment, Nabil also provides a fixed annual rate of 8.25% for a 7-year tenure, coupled with a minimal service fee of only 0.25%. This dual-scheme approach caters to both variable-rate and fixed-rate seekers.
Global IME Bank stands out with straightforward and competitive rates. It is offering auto loans at a floating interest rate of 6.99%. Additionally, for those who prefer a long-term fixed rate, the bank provides an 8.25% interest rate for a 5-year period. This clarity in pricing is a significant advantage for buyers who want to know their repayment schedule upfront.
Himalayan Bank is providing its auto loans with an interest rate of 7.57%. This rate is calculated by adding a 0.87% premium over its base rate. The bank is also offering a generous loan tenure of up to 8 years, providing borrowers with the flexibility of lower monthly installments over a longer period.
Sanima Bank is also championing the shift to electric mobility with a fixed interest rate of 7.49% for EV loans. For other vehicles, it offers two schemes: 7.99% for a 5-year tenure and 8.15% for a 7-year tenure.
Sanima Bank is also promising a quick and efficient loan approval process, with a promise to approve loans within just 3 days and a 0.5% processing fee, a crucial factor for a speedy purchase.
Nepal SBI Bank is offering vehicle loans at a fixed rate of 6.99% for tenures ranging from 3 to 7 years. The bank’s offer is designed to be highly accessible with a minimal processing fee, making it a compelling option for a wide range of customers.
Laxmi Sunrise Bank is at the show with a special offering of a 7.99% fixed rate loan for 7 years. The bank is also promoting special discounts and offers that are targeted specifically for NADA Auto Show visitors, valid until Mangsir 14. This limited-time promotion adds an extra layer of incentive for potential buyers at the event.
In summary, the NADA Auto Show 2025 is not just a showcase of the latest automotive technology but also a hub for financial services. The competition among banks is resulting in a favorable environment for consumers, with interest rates starting as low as 6.23% and going up to 8.25%.
The diverse schemes, varying tenures, and special offers for EVs and show visitors mean that there is a loan option available for every type of buyer. This financial ecosystem at the show is a clear indicator of the strong synergy between Nepal’s automotive industry and its banking sector, a partnership that continues to fuel the nation’s economic growth.
For more: Bank Auto loan NADA