VG IMPEXPvt. Ltd., A sole authorized importer and distributor of GWM Brand of Vehicles for Nepal, has signed an agreement with Nabil Bank Limited for financing its Internal Combustion Engine (ICE) models (HavalJolion, Haval H6, GWM Poer and GWM Wingle 5) and Electric Vehicle (EV) Model (Ora 03). Mr. Rupesh Sharma Bhatta, Vice President of VG Impex (GWM-Nepal) andMs. Chandani Shrestha, Head of Retail Lending of Nabil Bank Limited and signed the memorandum of understanding (MOU)today.
The signed memorandum of understanding offerscustomer’s with thefinancing option for their choices of GWM models through Nabilbank.Nabil bank will provide auto loan up to 50% to ICE Models at the interest rate of 12.90 % and up to 80% in case of EV at the rate of 12.15 %. Loan Tenure will be 7 years for the both cases. The contract signed between the two parties will enable a large number of automobile enthusiasts to easily obtain the vehicle of their choice from GWM- Nepal.Customers can visit the nearest Nabil Bank Branch with the required documents to apply for Auto Loan.
The company hopes that this MOU with one of Nepal’s largest banks shallmake GWM’s ownership more accessible to all.