Hire Purchase Loan

For financing commercial vehicle i.e. Bus, Trucks, Tanker, Container Trucks, Taxi, Jeep, Microbus, Heavy equipment like excavator, Roller, Dozer, etc to be used for the purpose of public transport/commercial use or private, official use by business firm/companies.  The repayment of such loans is dependent on its own earning/business income. 

Loan Type

Term Loan


Loan Amount

  • Minimum loan size to be NPR 500,000.00
  • Maximum up to 70% of the cost of the vehicle. Cost of vehicle includes the cost of chassis and the expenses incurred on body making. Any other related expenses such as entry fee, route permit, etc shall not be calculated in cost of the vehicle.
  • The estimated cost of body building should be realistic and not to be inflated.
  • Finance for used vehicle is restricted to 60% of the valued amount.


  • For brand new vehicle, maximum 7 Years.
  • For second hand vehicle maximum 5 years however, the age of the vehicle should not exceed 10 years by the time of final settlement of the loan.

Rate and Fee

  • Interest Rate (Base rate + Premium) as decided by the Bank from time to time
  • Processing Fee As per STC.

Please take some time and review