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Auto Loan

Introduction

If you've always dreamed of owning a new car and making your company related to transportation more efficient, you're in the right place.

60%

Loan Limit:

60% of quotation amount

5 Years (per annum payable monthly)

Repayment Period:

Equal monthly installment (EMl) over approved loan tenure.

Auto Loan

Details

Auto Loan

IME Co-operative auto loan has been designed to part-fund and refinance commercial vehicles to match all your needs. With an easy registration process combined with our speed of delivery and flexibility, drive away with the car that would define your lifestyle.

IME Co-operative extends Auto Loan to finance:
  1. Purchase of a new car.
  2. Purchase of a commercial vehicle.
  3. Refinancing from your existing financier.

 

Features
  • Competitive interest rate and service charge.
  • Easy documentation.
  • Prompt processing.

 

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 in the name of IMECSL
  • 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)
  • Driving License