You define the services
we commit to deliver
At Standard Chartered, we believe in leading by example. Our Auto Loan with its all-inclusive features is the ultimate solution to your financing requirements. With its simple documentation process coupled with our speed of delivery and flexibility, you can drive your vehicle today itself- be it brand new or used.
Products you can avail
- New Car/Jeep Financing
- Used Car/Jeep Financing
- Commercial vehicle Financing
- Cash Against Existing Vehicles
- Refinancing from your existing financier
Features
- Minimum 10% equity contribution
- Flexible Loan Tenure (upto maximum period of 7 years)
- Maximum loan amount to NPR 7Million
Benefits
- Convenient repayment plan
- Competitive interest rates
- Quick Processing Time
- Easy documentation
- Personalized service
Documentation Requirements
- Copy of Citizenship (mandatory for Nepalese) or Passport (for foreigners) – Applicable for all
- PP size photograph (applicable for all)
- Copy of quotation of the vehicle for new vehicle
- 2 valuation report from Bank’s approved valuers for used private vehicle
- Salary Certificate (for salaried employees)
- Certified Statement of Income (for professionals)
- Contracts/ Agreements (for individuals with fixed Income Sources)
- Registration document at the concerned Nepal Government Office and Tax Office (for firms/companies)
- Memorandum of Articles and Association (if Private Limited )
- Partnership deed (for Partnership firm)
- Board Resolution (if Private Limited and Institutions)