KATHMANDU, FEBRUARY 17

Cimex Inc Pvt Ltd, the authorised distributor of BYD Auto Industry Co Ltd in Nepal, has partnered with Everest Bank Ltd (EBL) to provide customers with easy financing options for its electric vehicles.

This strategic collaboration between Cimex Inc Pvt Ltd and Everest Bank aims to make it easier for customers to purchase and own a BYD electric vehicle, as the bank will provide up to 80 per cent financing on the purchase of any BYD electric vehicle, as per a media release.

Through this partnership, customers will be able to access financing facilities from all branches of Everest Bank with a special competitive interest rate for BYD vehicles for up to seven years.

With only a 20 per cent down payment, customers can now own the recently launched BYD ATTO 3- the first sporty electric SUV in Nepal, at Rs 1.298 million, or the BYD allnew e6, the longest range EV in Nepal, priced at Rs 1.180 million. Everest Bank will be sanctioning the loan for BYD customers within seven working days subject to submission of all required documents and also provide a 33 per cent discount on prevailing loan processing fees.

A version of this article appears in the print on February 18, 2023, of The Himalayan Times.