Vehicle Finance

Sipradi Finance Department Started its operation from 2nd July 2005 with the purpose of providing vehicles in installment basis to the needy and deserving customers throughout Nepal. Due to quick processing time & pre-payment facility without any penalty, customer of STPL Finance is growing day by day. In current situation where getting finance through Financial Institutions is very difficult and most of the Financial Institutions stopped finance in vehicles but in this situation we still are providing vehicles to our customers on installment basis; The Terms & Conditions for the customer to finance through Sipradi are as follows; # Interest Rate : Minimum 18% (Diminishing) # Service Charge : Service Charge - 2% of loan amount # Loan Amount : Maximum 60% on Body Built H&MCV Vehicles, LMV & LCV Trucks. Maximum 60% on PCD Vehicles # Loan Tenure : Maximum 4 Years (48 Installments) *Condition Applied
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