Auto Loans

    Kumari Bank Limited offers the most flexible Auto Loan option that helps you make a best choice when it comes to purchasing a vehicle. The Bank offers highly competitive interest rate and processing fee.

    Steer ahead with Kumari Bank, and head to the right direction!

    Purpose of Auto Loan

    Financing for purchase of new/used Private & Commercial Vehicles to individuals as well as business units.

    Auto Loan Financing:

    Kumari Bank will finance upto
    • 50% of total value of the vehicle for personal use
    • 70% for Electric vehicle for personal use and
    • 70% for commercial use vehicle.

    Documentation Checklist

    • Income Verification documents with tax-clearance certificate for the last 6 months
    • Quotation for New Vehicle
    • Valuation from auhtorized vehicle valuators for second-hand vehicles
    • Citizenship Copy of the applicant and his/her undivided family members
    • Bank-Statement of the applicant of the last 12 months