HIGHLIGHTS
- Global IME Bank initiates Green Drive Plan Loan Scheme.
- It makes EV purchasing easier and more convenient.
- The scheme offers a 9.49% interest rate for loan tenures up to five years and 9.99% for longer tenures.
Global IME Bank Limited introduces the Green Drive Plan Loan Scheme, designed to support the development of electric vehicle infrastructure through their auto loan scheme at competitive interest rates.
Under this plan, individuals can access loans with interest rates starting from 9.49% for purchasing four-wheel electric vehicles for personal use. The interest rate remains stable at 9.49% for loan tenures up to five years and at 9.99% for longer tenures.
| Global IME Loan Tenure | Interest Rates |
|---|---|
| Up to 5 Years | 9.49% |
| More than 5 Years | 9.99% |
By offering these minimum stable interest rates, the Green Drive Plan aims to make obtaining loans for electric vehicle purchases easier, promoting environmentally friendly transportation options.
This step is beneficial for the loan holder and society as a whole by promoting sustainable development.
ALSO READ: Understanding the Electric Vehicle Tax Structure in Nepal!
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