Machhapuchchhre Bank inks MoU with Sipradi Trading; buyers of Tata Motors’ commercial and private vehicles to receive subsidized and convenient credit from the bank

Machhapuchchhre Bank and Sipradi Trading have entered into an agreement so as to provide credit facilities for the purchase of Tata vehicles.

The agreement was inked between CEO of the bank Mr. Santosh Koirala and the Chairman of Sipradi Trading Mr. Rajan Babu Shrestha amid a program.

Following the agreement, entrepreneurs planning to purchase Tata commercial vehicles can receive an attractive vehicle loan with interest subsidy following the recommendation from Sipradi Trading whereas others planning to purchase Tata automobiles for their personal and business users can also avail easy credit scheme from the bank, as per the media statement.

The bank currently serves its customers via 160 branches, 148 branchless banking units, 5 extension counters, 199 ATM booths, and more than 1000 POS terminals throughout the nation.