Sipradi Trading Pvt. Ltd. (STPL) signed an agreement with Shangrila Development Bank Limited and Sanima Bank Limited regarding the vehicle loan upto 90% for the customers planning to buy TATA Motors. STPL has signed contract for a vehicle loan for commercial vehicles, semi commercial vehicles and passenger vehicle with 2 banks.

Under this agreement, on recommendation for SIPRADI, customers can avail up to 90% of the Chassis cost against VAT bill and maximum 50% of the Passenger Vehicle cost against a VAT bill from the Shangrila Development Bank Limited. The tenure for payment will be 5 years for commercial vehicles and semi commercial vehicles. Whereas, for passenger vehicles the loan payment tenure will be 7 years. On behalf of SIPRADI, Mr. Anup Mani Dhakal – General Manager, Sales and Marketing signed the contract with Mr. Rajit Maskey – Chief Credit Officer, Shangri-La Development Bank Ltd. in presence of Mr. Saurav Raj Thapaliya - Vice President, SIPRADI Companies. 

With Sanima Bank limited, SIPRADI signed an agreement for financing on Chassis only. Now, the customers willing to buy TATA Chassis can unveil the vehicle loan maximum 70% of the total vehicle cost against VAT Bill. The customers will receive maximum tenure of 5 years for the loan payment.  The agreement was signed between Anup Mani Dhakal on behalf of SIPRADI and Mr. Hem Raj Sanjyal – Head Retail Lending, Sanima Bank Limited in presence of Mr. Saurav Raj Thapaliya. 

According to SIPRADI, the agreement was signed as a part of the company’s mission to be the customer’s first choice. The company believes these agreements will provide financial ease the customers who are planning to buy TATA vehicles in Nepal. With the signed agreement, the customers will now have a convenient repayment plan, quick processing time and easy documentation for hassle-free purchase of TATA motors. 

For more details, you can contact the toll-free number 9801575777 / 16600155777 or visit the company’s official Facebook site - https://www.facebook.com/Sipradicompanies/.