Inic Asia Bank offers 5.99% fixed interest rate on auto loan for Toyota vehicles

लगानी न्यूज

१५ आश्विन २०८३, बिहीबार १७:५८October 1, 2026

Kathmandu. On the eve of Dashain, a special financial facility has been announced targeting the customers who want to buy Toyota vehicles.

As a part of the special financial partnership between United Traders Syndicate Pvt. Ltd. (UTS) and NIC ASIA Bank Limited, the sole authorized distributor of Toyota vehicles in Nepal, customers can now avail auto loan at a fixed interest rate of 5.99% p.a. for a period of 7 years.TAG_OPEN_div_14

Under this collaboration, customers will also get a discount of up to 25 basis points on loan administration fees. The financial facility will be implemented as per the bank’s credit policy and the prevailing directives of Nepal Rastra Bank.TAG_OPEN_div_12

This special scheme, targeted at Dashain, is expected to provide easy financial access to customers who want to buy Toyota vehicles. This will make the process of buying Toyota vehicles of their choice easier.TAG_OPEN_div_10

The memorandum of understanding (MoU) was signed by Rekha Shah Karki, Deputy General Manager (Sales & Marketing Management) of UTS and Chief Business Officer of NIC Asia Bank Amit KC.TAG_OPEN_div_8