Shangri-la Development Bank inks agreement with Laxmi Commercial Vehicles for affordable vehicle loans; bank’s customers can avail up to 75% as a loan at 12.5% interest

Shangri-la Development Bank and Laxmi Commercial Vehicles have inked a vehicle loan agreement to facilitate the bank’s customers in the purchase of affordable Hyundai vehicles.

Per the agreement, customers of the bank can now avail of vehicle loans up to 75% of the vehicle cost for Hyundai vehicles at an interest of 12.5%.

The agreement to that effect was signed between the CEO of the bank Mr. Suyog Shrestha and ED of Laxmi Commercial Vehicles Mr. Nirakar Shrestha.

The development bank currently provides its services from its 91 branches located all across the nation.