Thu, June 13, 2024

Cimex Inc, Everest Bank join hands to offer easy retail financing for BYD EVs

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KATHMANDU: Cimex Inc Pvt Ltd, the authorised distributor of BYD Auto Industry Co Ltd in Nepal, has partnered with Everest Bank to provide customers with easy financing options to buy BYD electric vehicles. This strategic collaboration between Cimex and Everest Bank aims to make it easier for customers to purchase and own BYD EVs. The bank now provides up to 80% financing on the purchase of any BYD EVS. Through this partnership, customers will be able to access financing facilities from all branches of Everest Bank with a special competitive interest rate for BYD vehicles for up to seven years, making it more affordable and convenient for them to switch to eco-friendly transport. With only a 20% down payment, customers can now own the recently launched BYD ATTO 3 — the first sporty electric SUV in Nepal — at Rs 1.298 million, and the BYD all-new e6, the longest-range EV in Nepal, at Rs 1.18 million. [gallery columns="2" link="file" size="full" ids="33684,33686"] This financing arrangement will comply with the related directives and guidelines of the Nepal Rastra Bank, ensuring that customers are provided with a secure and trustworthy financing option. Everest Bank will be sanctioning the loan for BYD customers within seven working days subject to submission of all required documents and also provide a 33% discount on prevailing loan processing fees. As part of this collaboration, BYD and Everest Bank are committed to making the transition to sustainable transport more accessible and affordable for Nepali consumers. "BYD has always been committed to providing high-quality, eco-friendly mobility solutions to customers. We are proud to partner with Cimex Inc to provide customers with easy and hassle-free financing options for the BYD ATTO 3," said Yamuna Shrestha, Managing Director of Cimex Inc Pvt Ltd. "We are excited to partner with Cimex Inc and BYD to offer, innovative and eco-friendly electric vehicles that will help us build a sustainable future for general public. This partnership will allow EV enthusiasts to easily avail of financing options for BYD EVs and contribute towards a greener environment," said Keshav Raj Paudel, Deputy General Manager of Everest Bank. BYD has expressed its commitment to promoting sustainable transport, and this agreement with Everest Bank is a step towards realising that goal. With more affordable and accessible financing options, customers can now easily switch to EVs, reducing their carbon footprint while enjoying the convenience and performance of a BYD EV. Cimex is offering BYD ATTO 3 at Rs 8.99 million and BYD e6 at Rs 5.9  million. READ ALSO:
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MAY 2024

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