KATHMANDU: Laxmi Intercontinental, the sole authorised distributor of Hyundai vehicles in Nepal, has signed a memorandum of understanding (MoU) with Global IME Bank Ltd (GIMEB) to extend financing options for its electric vehicles (EVs).
Rupendra Wagle, head of small and medium credit department of GIMEB and Indra Prasad Sapkota, general manager of Laxmi Intercontinental, signed the MoU, as per a media release.
Accordingly, customers can now finance their Hyundai EVs via GIMEB at an interest rate of 12.99 per cent. The vehicles purchased under the plan will be delivered within three working days.
Customers can visit any branch of Global IME or any of the 17 showrooms of Hyundai around the country and contact respective departments to avail the offers. Hyundai's Kona and IONIQ 5 are two of the highest-selling EVs in Nepal. With this agreement, customers can easily avail both the options.
A version of this article appears in the print on November 23, 2022 of The Himalayan Times.
