July 3: VG Impex Pvt. Ltd., the sole authorized importer and distributor of GWM Brand of Vehicles in Nepal, has partnered with Nabil Bank Limited to provide financing options for GWM vehicles.

 The agreement covers both Internal Combustion Engine (ICE) models, including Haval Jolion, Haval H6, GWM Poer, and GWM Wingle 5, as well as the Electric Vehicle (EV) model Ora 03.

 Mr. Rupesh Sharma Bhatta, Vice President of VG Impex (GWM-Nepal), and Ms. Chandani Shrestha, Head of Retail Lending at Nabil Bank Limited, signed a memorandum of understanding (MOU) to solidify the collaboration on June 30.

Under the MOU, customers will have the option to finance their preferred GWM models through Nabil Bank. Auto loans of up to 50% of the vehicle's value will be available for ICE models at an interest rate of 12.90%, while for EVs, up to 80% financing will be offered at a rate of 12.15%.

The loan tenure for both types of vehicles will be 7 years. To apply for an auto loan, interested customers can visit their nearest Nabil Bank Branch with the necessary documents.

Through this partnership with one of Nepal's largest banks, VG Impex aims to make GWM vehicles more accessible to a wider range of automobile enthusiasts in Nepal.