NMB Bank To Provide Auto Loan At 8.49 Percent Fixed Interest

July 28, 2021 | Investopaper

NMB Bank Limited is providing auto loans at 8.49 percent per annum. The bank has ensured to float the loans within 24 hours of application.

Similarly, the interest rate on the loan will remain unchanged for the period of 5 years.

The bank says that due to the fixed interest rate for five years, customers don’t have to worry about the continuous interest rate hike.

In the case of electric vehicles, NMB Bank has been providing loans at the base rate.

This auto loan facility will help the customer to fulfill his dream of owning his/her own car, says the bank.

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