Mega Bank to provide auto loan at attractive interest rate; range of automobiles with just 15K EMI

Mega Bank and Narayani Auto Business pvt ltd has signed an agreement with an aim to provide easy financing and EMI service to the customers who are willing to purchase vehicles from the automobile trader where the customers will be provided financing facility for maximum of 10 years. The agreement for the same was signed between CEO of the bank Ms. Anupama Khunjeli and MD of the automobile trader Mr. Anup Kumar Baral amid a program.

The bank has decided to offer auto loan at attractive interest rate for the purchase of any vehicle from the trader where the loan decision will be provided within 24 hours of application while the loan amount shall be disbursed by 7 days, as per the statement issued by the bank. the distributer will offer certain models of automobiles with as little as 35% down payment and Rs 15K monthly instalment for the customers.