Syakar Trading Company, Honda’s authorised car distributor in Nepal, has signed an agreement with NIC Asia Bank to support customers buying Honda cars. Eligible buyers will get access to finance at a lower interest rate, with the process designed to provide the required facility within 6 working days after document submission.
The agreement was signed by Syakar Trading Company Managing Director Sirjana Shakya Jyoti, NIC Asia Bank Chief Business Officer Amit KC, and Auto Loan Head Deepak Acharya. Syakar Hire Purchase is also providing vehicle financing at competitive interest rates, expanding the options available to customers.

In addition, Syakar Trading Company has launched a special festive scheme named ‘Festive Offer Honda's Safar’ to celebrate the major Nepali festivals Dashain, Tihar, and Chhath. Under this scheme, customers can enjoy an attractive cash discount of up to Rs 10 lakh when purchasing a new Honda car.
Honda cars covered
Honda’s Nepal line-up includes the Honda Elevate, 5th-generation Honda City, Honda Amaze and Honda City e:HEV. Customers can choose among them based on their needs, features, and budget. The festive offer also covers the Honda CR-V.
Moreover, the offer includes free road tax and insurance for 1 year, 5 years of free servicing, and 1 year of free roadside assistance. Customers wishing to exchange their old vehicles for a new Honda can benefit from an easy and on-the-spot exchange facility along with an exchange bonus.

NIC Asia Bank’s current auto-loan information lists financing for private four-wheelers, with loan amounts from Rs 5 lakh to Rs 2 crore and a maximum tenure of 10 years. Final approval, interest rate, and loan amount will depend on the buyer’s documents and bank assessment.
The festive offer is valid from September 25, 2026, to November 16, 2026, across all Honda showrooms in Nepal. This initiative aims to make the festive season more special and joyful for customers, encouraging them to drive home a Honda car with enhanced benefits and savings. Customers are invited to contact their nearest Honda showroom for more information.

Honda's current year campaign also includes options such as up to seven years of free servicing or a five-year annual maintenance.
- MG MGS5 EV: mgmotors.com.np — checked 2026-10-03
- Honda Amaze: honda.com.np — checked 2026-10-14
- Honda Elevate: honda.com.np — checked 2026-10-14
- Honda City: honda.com.np — checked 2026-09-08
- Jaecoo J6T: omodajaecoonepal.com — checked 2026-10-13
Writes on vehicle pricing, taxation and the Nepali auto market from ongoing tracking of distributor price lists. Every price in this piece is read live from the Nepal AutoMart catalog — how we verify prices.


