June 28: Muktinath Development Bank is providing vehicle loans for the customers of Renault cars. The bank and Bishal Group, the sole distributor of Renault four-wheelers in Nepal, have agreed to provide the loan facility to Renault car buyers. 

Pradhuman Pokhrel, CEO of Muktinath Development Bank, and Nikunja Agrawal, managing director of Advance Automobiles, signed the agreement amid an event on Monday, June 25. 

With the agreement, Muktinath Development Bank will provide 65 percent of the total cost of the vehicles as loan for the customers willing to buy Renault cars.

The loan service is available at every branch of the bank.