Kathmandu. NADA Auto Show kicked off at Bhrikutimandap in Kathmandu from today.

Visitors to the NADA Auto Show will be able to observe and purchase two-wheelers and four-wheelers, take loans and get insurance from one place. Various banks have come up with NADA Auto Show targeted loan scheme. In addition, insurance companies have also come up with insurance plans.

Among the popular auto shows are Global IME Bank, Nabil Bank, Agricultural Development Bank, Prabhu Bank, Rastriya Banijya Bank, NIC Asia Bank, Laxmi Sunrise Bank, Gorkhas Finance, Mahalaxmi Development Bank and Muktinath Bikas Bank.

Similarly, Shikhar Insurance is in the insurance category. The insurance company is participating in NADA and offering lucky trays to its stalls. The winner of the lucky draw will get 1 night offer to one person at Soaltee Hotel located in Nagarkot. Similarly, another person will get health insurance for one year. According to the company, there will be consolation prizes for some of the participants.

Similarly, Nabil Bank has launched a loan scheme targeting NADA Auto Show. The bank offers auto loans at 5.17 percent. Global IME Bank is providing loan at 5.17 percent. This offer will be valid for the duration of the show. This service will be available from all branches of the bank. Currently, the base rate of the bank is 4.67 percent. The service charge is 0.5 percent.

Kumari Bank is offering a loan of 10 years at a rate of 5.21 percent. The bank’s service charge is 0.5 percent. Similarly, NIC Asia Bank is providing auto loan with a tenure of 7 years at an interest rate of 5.99 percent.

Similarly, Laxmi Sunrise Bank is offering EV loan at 5.49 percent. The bank’s floating rate will be increased by 0.5 percent on the base rate.

There is a financing facility up to 60 percent. The service charge is 0.5 percent. The service is available from 254 branches of the bank.

Similarly, Prabhu Bank will provide loans at the base rate of 4.94 per cent with a premium of 0.50 per cent. The bank will charge 0.50 percent service charge during the NADA period.

Agricultural Development Bank (ADB) will provide vehicle loan at 5.66 per cent and service charge at 0.5 per cent. The loan is valid for 7 years. The bank is offering 33.33 percent discount on service charge and interest rate premium.

Similarly, Gorkhas Finance is providing loans at an interest rate of 6.99 percent. The bank says that there will be something at this rate. Similarly, Mahalaxmi Bikas Bank has decided to provide auto loan at 6.49 percent.