Civil Bank to provide Piaggio three wheeler vehicles with just 6.98% interest under new vehicle loan scheme; only female customers to receive subsidized loan for four years

Civil Bank and Vivek Automobiles have entered into a MoU under which female customers will now get Piaggio three wheeler vehicles from Vivek Automobiles with just 6.98% interest.

The agreement was signed between CEO of the bank Mr. Govinda Gurung nd chairman of Vivek Automobiles Mr. Vivek Duggad.

Following the agreement, female customers can purchase Piaggio vehicles with 70% loan from the bank paying just 6.98% interest for four years, as per the media statement.

The bank will provide this credit facility from all 112 branches of the bank, as per the media statement.