Gurkhas Finance has signed an agreement with Himalayan Organisation to finance the purchase of its commercial and electric vehicles across Nepal.
Buyers and transport operators can get up to 80% financing at competitive interest rates. The repayment period can extend to seven years. Loan approval is expected within three to five working days after all required documents are submitted.
The facility is available through Gurkhas Finance branches across the country. It covers vehicles sold by Himalayan Organisation, including:
- Maxus pickups
- Dongfeng electric city and school buses
- Tri-Ring electric trucks and tippers
- Force Motors commercial and passenger vehicles
The agreement was signed by Himalayan Organisation CEO Kapil Siwakoti and Gurkhas Finance CEO Gyanendra Iwahang. The partnership targets transport businesses, entrepreneurs and institutional buyers seeking financing for commercial or electric mobility.
Buyers should confirm the applicable interest rate, down payment, service charges and document requirements with Gurkhas Finance before applying. The 80% financing ceiling and seven-year tenure make the scheme relevant for fleet and business-use buyers, subject to lender approval.
Writes on vehicle pricing, taxation and the Nepali auto market from ongoing tracking of distributor price lists. Editorial policy.
