At Standard Chartered, it is fast and easy to get a new car. Our Auto Loan with its all-inclusive features is the ultimate solution for your financing needs. Get a car you deserve with an Auto Loan tailored just for you. It’s fast, convenient and hassle-free.
Financing available for
- New Passenger Car Financing.
- Used Passenger Car Financing.
- Refinancing from your existing Financier.
- Minimum 20% equity contribution.
- Flexible Loan Tenure (upto Maximum Period of 6 years)
- Maximum Loan amount to NPR 7.5 Million
- Convenient repayment plan (upto Maximum Period of 6 years).
- Competitive interest rates.
- Quick Processing Time.
- Easy documentation.
- Personalized service.
Minimum 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).
- At least 2 years past audited financials for business income.