September 12, Kathmandu.
Banks participating in the 18th NADA Auto Show 2026 have introduced various attractive auto loan schemes. With the objective of providing vehicle loans to customers at easy and comparatively low interest rates, banks have offered special facilities on interest rates, service charges, loan tenure, and EV loans.
A total of 13 commercial banks from both government and private sectors are participating in the NADA Auto Show. Among these banks, auto loan interest rates range from 4.66 percent to 5.99 percent. Loan tenure, nature of interest rate, and other charges vary from bank to bank.
In auto loans, Agricultural Development Bank has announced to provide loans at the lowest interest rate of 4.66 percent. The bank will provide loans for a tenure of up to 7 years. Additionally, it has introduced a scheme offering a 33.33 percent discount on service charges and interest rate premiums. For customers purchasing EV vehicles, Agricultural Development Bank has stated that it will provide loans for up to 80 percent of the vehicle’s value.
Similarly, Nepal Bank will offer auto loans at an interest rate of 4.94 percent. The bank has stated that loans will be available at this interest rate throughout the Auto Show period.
Rastriya Banijya Bank has announced to provide auto loans at an interest rate of 5.02 percent. This loan, available at a floating rate, will have a tenure of up to 7 years. The bank has stated that it will provide auto loans of up to 1 crore rupees. The service charge, which is normally 0.75 percent, has been set at 0.50 percent during the Auto Show period.
Nabil Bank has announced to provide auto loans at an interest rate of 5.17 percent. The bank has introduced a scheme to provide loan facilities with just a 20 percent down payment. According to the scheme, customers will make a 20 percent down payment, pay 20 percent using a credit card, and the remaining 60 percent will be provided by the bank as a loan.
NIC Asia Bank will provide auto loans at a fixed interest rate of 5.99 percent for up to 7 years. While most banks are offering loans at floating interest rates, NIC Asia has also introduced a fixed interest rate option. The bank has stated that it also provides auto loans at floating rates. For EV vehicles, the bank says it can provide up to 80 percent of the loan.
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Global IME Bank has announced to provide auto loans for EV vehicles at an interest rate of 5.17 percent. The bank will also provide loans at a fixed interest rate. For a 7-year loan, the interest rate will be 5.17 percent for the first 3 years. For the subsequent 4 years, the bank has stated that the interest rate will be determined by adding 2 percent to the base rate of the respective period.
Machhapuchhre Bank will offer auto loans at an interest rate of 5.45 percent. In this scheme, introduced targeting the NADA Auto Show, the loan tenure has been set for up to 10 years. While most other banks have kept the loan tenure up to 7 years, Machhapuchhre has opted for a longer period. The bank has stated that the loan service charge, which is 0.50 percent, has been discounted to 0.25 percent during the Auto Show period.
Similarly, Prabhu Bank has announced to provide auto loans at an interest rate of 5.44 percent. According to the bank, a maximum premium of 0.50 percent will be added to the base rate.
Laxmi Sunrise Bank will provide auto loans at an interest rate of 5.49 percent. This 7-year loan will be at a floating rate. The bank has stated that it will charge a service fee of 0.50 percent.
Similarly, Kumari Bank, Nepal SBI Bank, Siddhartha Bank, and Nepal Investment Mega Bank have announced to provide auto loans at interest rates of 5.21 percent, 5.54 percent, 5.96 percent, and 5.13 percent respectively. These banks will provide loans at floating interest rates for a tenure of up to 7 years. The service charge is stated to be 0.50 percent.
At the NADA Auto Show, banks have offered various facilities not only on interest rates but also on loan tenure, service charges, down payments, and the loan limit available for EV vehicles.
For more: NADA Auto Loan Offers 2026
