Banking News – An agreement has been signed between Syakar Trading Company Pvt. Ltd., the official distributor of cars for Nepal, and NIC Asia Bank to provide concessional auto loans to Honda customers. The company has stated that the main objective of this collaboration is to make it financially easier for customers to purchase new Honda cars.

According to the agreement, NIC Asia Bank will provide easy financing (vehicle loan) facilities at attractive and low interest rates to Honda customers. Under this facility, the company has stated its commitment to completing the loan process within 6 working days of customers submitting all necessary documents for the loan.

This easy financing facility will be available for customers wishing to purchase Honda’s excellent and popular models such as Honda CR-V, City, e:HEV, Fifth Generation City, and Elevate.

The agreement letter was signed by Amit K.C., Chief Business Officer of NIC Asia Bank, and Deepak Acharya, Head of Mortgage Banking and Auto Loan, on behalf of NIC Asia Bank, and Srijana Shakya Jyoti, Managing Director of Syakar Trading Company (Honda Car), on behalf of the company. Both institutions believe that this agreement will help make customers’ dream of owning a new Honda car come true in a simple and swift manner.