NMB Bank inks agreement of EV loan with Sipradi Trading; to provide 80% of EV cost as loan with attractive interest rate

Thu, Sep 22, 2022 8:00 AM on Latest, Corporate,

NMB Bank has inked an agreement with Sipradi Trading to facilitate easy EMI service for the customers to purchase EVs sold under Sipradi.

Under this scheme, customers will avail of up to an 80% credit facility with attractive interest and a flexible payment schedule so as to encourage more customers to purchase EVs to preserve the environment and to consume domestically produced electricity, as per the media statement.

The bank currently has 201 branches, 138 ATM outlets, and 11 extension counters under its network.