Global IME Bank announces Drive Utsav Offer; Electric Vehicle Loan at 7.29 Percent

25th Aug, 2021 | Tourism Mail Crew

KATHMANDU, Aug 25: Global IME Bank Limited has announced various vehicle schemes including Auto Express (Drive Utsav Offer) at 7.29 percent interest rate (including premium) targeting this year's festive season.

Under this scheme, the service recipients will be able to get any other vehicle loan at 8.19 percent interest rate (including premium) for a period of up to 7 years and any private vehicle loan for a period of 5 years at a fixed interest rate of 8.49 percent. The scheme will be available for purchase of various new vehicles for private purposes.

The bank has also stated that the loan will be decided within two working days after the completion of the loan application process. The bank has come up with this scheme targeting the general consumers for the purpose of buying vehicles in the market in cheap and simple installments.

The scheme will be available for a fixed period and will be available from all branches of the bank, the bank said. Considering the convenience of its customers, the bank has been bringing such simple and easy loan schemes. The bank is currently operating a home loan scheme at an interest rate of 7.99 percent (including premium).