Citizens Bank

Purpose:	Financing to purchase of new/used Private and Commercial Vehicles to individuals and business concern.
Nature:	Terminating loan payable in Equal Monthly Installment
Loan Size:	-Upto 20.0 Million for new or used private vehicles. - Up to NPR 7.0 Million for new commercial vehicles. - Up to NPR 4.0 Million for used commercial vehicles.
Tenure:	Maximum up to 10 years for private vehicles Maximum up to 5 years for commercial vehicles Maximum for Private new/used EV is 6 years

Eligibility Criteria:

All salaried or self-employed Nepalese Citizen having a regular source of income.
The applicant must be at least 18 years and should not exceed 75 years at the time of maturity for new private vehicle and private used vehicle. Other than that, applicant must not exceed 65 years at the time of maturity for other types of vehicle.
In case of self-employed individuals, the borrower business must be in operation for a minimum of six months.
Unregistered transport operators should have experience of operating a commercial vehicle for a minimum of two years.

We're here to help you. If you have questions or can’t apply online, call 16600166667 Support Center 01-5970068