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Auto loan rates drop as banks compete

KATHMANDU: Commercial banks are fiercely competing to offer auto loans to car buyers. Targeting the ‘NADA Auto Show 2025,’ which began on August 19, banks have introduced auto loan schemes with low interest rates. On one hand, the banking system…
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Auto loan disbursements by banks up 5.51% in 11 months

KATHMANDU: Bank and financial institutions disbursed Rs 6.84 billion in hire purchase loans to finance motor vehicle purchases in the first 11 months of the current fiscal year 2024/25, a 5.51% growth compared to the same period of the previous…