KATHMANDU: Syakar Trading Company, the authorized distributor of Honda cars in Nepal, has signed an agreement with NIC Asia Bank to provide auto loans to Honda customers.
The agreement aims to make it easier for customers to finance the purchase of new Honda cars.
The agreement was signed by Amit KC, Chief Business Officer, and Dipak Acharya, Head of Mortgage Banking and Auto Loan, on behalf of NIC Asia Bank. Srijana Shakya Jyoti, Managing Director of Syakar Trading, signed the agreement on behalf of the company.
Under the agreement, NIC Asia Bank will provide Honda customers with financing at an attractive interest rate. The bank has also committed to completing the loan process within six working days after receiving all the required documents.
The financing facility will be available for Honda models including the CR-V, City e:HEV, fifth-generation City and Elevate.
Syakar Trading and NIC Asia Bank expect the agreement to make vehicle financing faster and more convenient for Honda customers.
