Shangrila Motors and Everest Bank join hands for easy financing

Everest Bank will provide up to 80 percent bank finance on electric vehicles, up to 70 percent financing on non-electric vehicles for institutions, and up to 50 percent bank financing on non-electric vehicles for individuals.

Shangrila Motors Pvt Ltd, the authorised distributor of Peugeot and Citroen vehicles in Nepal, and Everest Bank have signed a Memorandum of Understanding (MoU) to collaborate for vehicle financing.