A new driving experience for priceless moments with your family
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 Passenger Car Financing
- Used Passenger Car Financing
- Commercial vehicle Financing
- Cash Against Existing Vehicles
- Refinancing from your existing Financier
Features
- Minimum 20% 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)