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Get a car you deserve with an Auto Loan tailored just for you

Auto Loans

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.

Features

Eligibility & Documents

Eligibility

  • Only Nepalese citizen eligible

Documents

  • You will need
    • Copy of Citizenship (mandatory for Nepalese) or Passport (for foreigners)
    • Passport size Photograph (applicable for all).
    • Copy of Quotation of the Vehicle for New Vehicle.
    • 2 Valuation Reports from Bank’s approved Valuers for used Private Vehicle.
  • For salaried
    • Salary Certificate
    • Certified Statement of Income (for professionals).
    • Contracts/ Agreements (for individuals with fixed Income Sources).
  • For self-employed or companies
    • 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.

Auction Process

In the event of default, the Bank may Auction the collateral securitised to the Bank. The process laid down by the Regulators will be followed.