August 30: Himalayan Bank Ltd has brought easy auto loans targeting the NADA Auto Show. The bank informed that the scheme will last throughout the NADA Auto Show. 

Issuing a press statement, the bank informed of providing personal auto loans at 6.5 percent and commercial auto loans at 9 percent interest rate during the auto show. According to the statement, the bank will charge only 0.25 percent service charge on the loans. The bank informed that it will provide 80 percent of loans on the price of total price of the vehicle with a maturity period of eight years under the personal auto loans. Similarly, it will provide 70 percent of loans on the total value of the vehicle with a maturity period of five years under the commercial auto loans.

The bank is setting up a stall at the auto show where interested individuals can register their name and participate in the auto loan scheme.