28th September 2025, Kathmandu
Nepal Bank Limited (NBL), one of the leading commercial banks in Nepal, has forged an exclusive strategic partnership with Laxmi International Pvt. Ltd., the authorized distributor of Hyundai vehicles in the country.
NBL’s Discount on Hyundai
The agreement, officially signed on September 25 is designed to provide substantial, exclusive financial benefits to the bank’s employees and valued account holders when they purchase a new Hyundai vehicle. This collaboration highlights a growing trend of cross-industry partnerships in Nepal that aim to enhance customer and employee benefits, making premium automotive ownership more accessible and affordable to the banking sector and its loyal clientele.
Exclusive Discount Details
The core of this partnership is the provision of an attractive, exclusive discount on the entire range of Hyundai vehicles offered by Laxmi International. Eligible buyers—which include all employees of Nepal Bank and all customers who maintain an account with the bank—will receive an additional price reduction ranging from NPR 50,000 to NPR 81,000.
This exclusive discount is notably offered on top of any regular promotional offers or deals that Laxmi International may be running at the time of purchase. This stacked saving opportunity ensures that Nepal Bank’s stakeholders receive the maximum possible financial benefit, significantly reducing the final cost of acquiring a new Hyundai car. The exact discount amount is contingent upon the specific Hyundai model selected, with the highest saving of NPR 81,000 being a powerful incentive for buyers.
The memorandum of understanding (MoU) was formalized in Kathmandu with the signatures of Prakash Kumar Adhikari, Chief Financial Officer of Nepal Bank Limited, and Deepak Thapaliya, General Manager of Laxmi International Pvt. Ltd. This official signing marks the immediate commencement of the scheme, which is available nationwide through all of Laxmi International’s branches.
Benefits for Banking Professionals and Customers
This collaboration offers multifaceted advantages, acting as a strong appreciation gesture for the loyalty and hard work of the bank’s stakeholders:
- Maximum Savings: The opportunity to combine the exclusive discount (NPR 50,000 to NPR 81,000) with existing company promotions creates a highly attractive package that translates into substantial financial savings on a major purchase.
- National Accessibility: The scheme is valid across all showrooms of Laxmi International, ensuring that employees and customers in different parts of Nepal can equally benefit from the offer.
- Diverse Model Choice: The discount applies across a wide spectrum of Hyundai’s portfolio, allowing eligible buyers to choose from popular and reliable models such as the Hyundai Creta, Venue, Tucson, and i20, among others, based on their needs and budget.
- Enhanced Loyalty Programs: For Nepal Bank, this initiative serves as an exceptional customer appreciation tool, enhancing the value proposition of maintaining an account with the bank and boosting customer loyalty. For employees, it acts as a valuable, non-monetary perk that can significantly improve job satisfaction.
Strategic Rationale and Market Impact
The timing of this partnership is particularly strategic, coinciding with the approach of Nepal’s major festive seasons, such as Dashain and Tihar. Historically, these festivals are characterized by a surge in consumer spending, especially on high-value items like automobiles. By launching this exclusive scheme now, both Nepal Bank and Laxmi International are strategically positioned to capture a larger share of the market during this peak sales period.
For Laxmi International, the agreement provides direct access to Nepal Bank’s large, financially stable customer base and employee pool, virtually guaranteeing a boost in sales volume. For Nepal Bank, the collaboration strengthens its market standing by providing its stakeholders with a unique, high-value benefit that competitors may not offer. Furthermore, such cross-industry partnerships contribute to the overall dynamism of the Nepali economy, demonstrating how diverse sectors can collaborate to create added value for the consumer. The offer is expected to not only boost Hyundai sales but also serve as an incentive for new customers to open accounts with Nepal Bank specifically to take advantage of this compelling automotive discount.
Conclusion
The exclusive agreement between Nepal Bank Limited and Laxmi International Pvt. Ltd. is a win-win partnership that directly benefits the bank’s employees and account holders. By offering an additional discount of up to NPR 81,000 on top of existing offers, the scheme makes the dream of owning a reliable and popular Hyundai vehicle considerably more affordable. As the agreement is valid nationwide and covers a wide array of models, it represents an excellent opportunity for eligible individuals to make a smart, discounted investment in a globally trusted brand, thereby strengthening the bond between the banking and automotive industries in Nepal.
For More: NBL’s Discount on Hyundai