Kathmandu, 18 November: Global IME Bank Limited and Laxmi Intercontinental Private Limited have signed and exchanged a memorandum of understanding to provide electric vehicle loans at subsidized interest rates.
Amid a program held at the bank on Thursday, Rupendra Wagle, Head of Small and Medium Credit Department of the bank, and Indra Prasad Sapkota, General Manager of Laxmi Intercontinental, signed the memorandum of understanding.
According to the agreement, the bank will provide loans for the purchase of Hyundai brand electric vehicles sold by Lakshmi Intercontinental. After submitting the application to the branch office of the bank along with the necessary documents and details, the bank will provide the vehicle loan to the customer easily as per the rules within 3 days. This facility will be available from all branches of Global IME Bank.
People’s News Monitoring Service
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