Paramount Motors and NIMB Bank Forge Partnership to Boost Accessibility of Electric Vehicles in Nepal

Sun, Aug 11, 2024 8:53 AM on Latest, Corporate,

Paramount Motors Private Limited, an authorized dealer for MG Motors in Nepal, has partnered with NIMB Bank to offer up to 80% financing on MG electric vehicles, including the MG ZS EV, MG4 EV, and MG Comet EV.

This collaboration aims to make electric vehicles more affordable for Nepali consumers by providing streamlined financing options with competitive interest rates and flexible terms.

Customers will need only a 20% down payment and can benefit from a quick loan approval process, typically within three working days. This partnership reflects a shared commitment to promoting sustainable mobility and supporting the adoption of green transportation in Nepal.