Green Vehicle Loan
Green Wheels, Green Future
Interest Rate: 9%-12%
The Green Vehicle Loan is a financial product designed to support members in purchasing electric vehicles for personal and professional use. This initiative aims to promote environmental sustainability and combat climate change by offering loans up to NPR 7,500,000 at concessional interest rates. The loan is based on the member’s ability to make regular installment payments.
Loan Limits
- Minimum: NPR 100,000
- Maximum: NPR 7,500,000
Tenure Options
From 6 months to 7 years
Interest Rates
-
9%-12%
Payment Mode
-
Equated Monthly Installments (EMI)
Features of Green Vehicle Loan
Easy Investment
Enjoy low interest rates and minimal fees.
Extended Tenure
Loan periods of up to 7 years.
Hight Investment Limit
Borrow up to NPR 7,500,000.
Climate Change Initiative
Supports institutional efforts to combat climate change by encouraging the use of electric vehicles.
Benefits of Green Vehicle Loan
Promotes Sustainability: Encourages the use of electric vehicles, contributing to environmental conservation.
Affordable Financing: Competitive interest rates make the loan accessible and manageable.
Flexible Repayment: Various tenure options tailored to member needs.
Professional and Personal Use: Suitable for both personal and professional electric vehicle purchases.
Disclaimer
The terms and conditions of the Green Vehicle Loan are subject to change at the discretion of the lender. All loans are provided based on eligibility and the ability to repay. The provided interest rates and terms are indicative and may vary. Borrowers are advised to read and understand all loan agreements and terms before proceeding. The lender reserves the right to reject any loan application that does not meet the required criteria.