Everest Bank inks MoU with Laxmi Commercial Vehicles; to extend affordable loans for purchase of SML Isuzu commercial vehicles

Everest Bank has inked a MoU with Laxmi Commercial Vehicles, authorized deallor of SML Isuzu vehicles in Nepal for the easy financing service.

The MoU was signed between Deputy GM of the bank Mr. Gaurav Kumar and Sales and Operation Director of Laxmi Commercial Vehicles Mr. Kapil Sibakoti amid a program, as per the media statement.

As per the agreement, the bank through all 124 branches will extend loans of upto 70% for maximum seven years for which the bank will also provide special discount in the service charge and interest rate, as per the media statement.