NIC ASIA Bank Limited and United Traders Syndicate Pvt. Ltd. (UTS), the official distributor of Toyota vehicles in Nepal, have signed a memorandum of understanding on vehicle financing.
Under the agreement, NIC ASIA Bank customers purchasing Toyota vehicles will be eligible for special interest rates and other facilities. The scheme offers a fixed interest rate of 5.995 percent for up to seven years.
Financing offer for Toyota buyers
The agreement sets out the following terms:
- Fixed interest rate: 5.995 percent
- Financing period: Up to seven years
- Eligibility: NIC ASIA Bank customers purchasing Toyota vehicles
The arrangement was announced in Kathmandu ahead of Dashain.
