18 banks compared · Bhadra 2083
Car and auto loan interest rates in Nepal
Cars and other vehicles, including EVs. EVs get higher financing under NRB rules.
Also searched as: car loan · vehicle loan · hire purchase · EV loan · सवारी कर्जा
The cheapest auto loan in Nepal in Bhadra 2083 is Nepal Bank Limited at 4.87% effective, made up of a 4.37% base rate plus a 0.5% premium. Effective rates across 18 commercial banks range from 4.87% to 9.86%. Each rate is the bank's own published Bhadra 2083 rate; floating rates reset when the base rate changes.
- Lowest effective rate
- 4.87% · Nepal Bank Limited
- Effective rate range
- 4.87% – 9.86%
- Banks compared
- 18
- Maximum tenure
- 84 months
- Maximum loan-to-value
- 50%
- Rates effective
- Bhadra 2083
Effective from: Bhadra 2083Source: Nepal Bank Limited
In Bhadra 2083, auto loan effective rates across 18 commercial banks in Nepal range from 4.87% to 9.86%. The table below shows each bank's base rate, premium, processing fee and your monthly EMI for the amount you enter, cheapest first.
18 offers from 18 banks · Select up to 4 to compare side by side
| Bank | Effective rate | Monthly EMI | Processing fee | Total cost | Max financing | Effective from | ||
|---|---|---|---|---|---|---|---|---|
 Nepal Bank Limited CheapestVerifiedFixed option 7.9%–8.5% | 4.87%up to 6.87%4.37% + 0.5% | Rs. 28,218 | 1%Rs. 15,000 | Rs. 2.08 LakhTotal interest Rs. 1.93 Lakh | 50% | Bhadra 2083 | ||
 Nepal Investment Mega Bank Verified | 4.94%up to 6.94%4.44% + 0.5% | Rs. 28,266 | 1%Rs. 15,000 | Rs. 2.11 LakhTotal interest Rs. 1.96 Lakh | 50% | Bhadra 2083 | ||
 Everest Bank VerifiedFixed option 7.25% | 5.13%up to 7.13%4.13% + 1% | Rs. 28,396 | 1%Rs. 15,000 | Rs. 2.19 LakhTotal interest Rs. 2.04 Lakh | 50% | Bhadra 2083 | ||
 Rastriya Banijya Bank VerifiedFixed option 6.5%–8% | 5.18%up to 6.83%3.83% + 1.35% | Rs. 28,431 | 1%Rs. 15,000 | Rs. 2.21 LakhTotal interest Rs. 2.06 Lakh | 50% | Shrawan 2083 | ||
 Nabil Bank VerifiedFixed option 9.99%–10.49% | 5.21%up to 7.21%4.46% + 0.75% | Rs. 28,451 | 1%Rs. 15,000 | Rs. 2.22 LakhTotal interest Rs. 2.07 Lakh | 50% | Bhadra 2083 | ||
Nepal SBI Bank VerifiedFixed option 8.99%–9.49% | 5.35%up to 7.6%5.1% + 0.25% | Rs. 28,548 | 1%Rs. 15,000 | Rs. 2.28 LakhTotal interest Rs. 2.13 Lakh | 50% | Bhadra 2083 | ||
 Laxmi Sunrise Bank VerifiedFixed option 6.99%–10.99% | 5.44%up to 7.69%4.94% + 0.5% | Rs. 28,610 | 1%Rs. 15,000 | Rs. 2.32 LakhTotal interest Rs. 2.17 Lakh | 50% | Shrawan 2083 | ||
 NMB Bank VerifiedFixed option 8.89%–8.99% | 5.45%up to 7.95%4.95% + 0.5% | Rs. 28,617 | 1%Rs. 15,000 | Rs. 2.32 LakhTotal interest Rs. 2.17 Lakh | 50% | Bhadra 2083 | ||
 Machhapuchchhre Bank VerifiedFixed option 8%–9% | 5.46%up to 7.96%4.96% + 0.5% | Rs. 28,624 | 1%Rs. 15,000 | Rs. 2.32 LakhTotal interest Rs. 2.17 Lakh | 50% | Bhadra 2083 | ||
 Prabhu Bank Verified | 5.48%up to 7.98%4.98% + 0.5% | Rs. 28,638 | 1%Rs. 15,000 | Rs. 2.33 LakhTotal interest Rs. 2.18 Lakh | 50% | Bhadra 2083 | ||
 Himalayan Bank VerifiedFixed option 6.75% | 5.53%up to 9.03%5.03% + 0.5% | Rs. 28,673 | 1%Rs. 15,000 | Rs. 2.35 LakhTotal interest Rs. 2.2 Lakh | 50% | Shrawan 2083 | ||
 Global IME Bank VerifiedFixed option 8.99%–10.99% | 5.65%up to 7.65%4.65% + 1% | Rs. 28,756 | 1%Rs. 15,000 | Rs. 2.4 LakhTotal interest Rs. 2.25 Lakh | 50% | Bhadra 2083 | ||
 NIC Asia Bank VerifiedFixed option 5.99%–7.49% | 5.82%up to 8.57%5.57% + 0.25% | Rs. 28,874 | 1%Rs. 15,000 | Rs. 2.47 LakhTotal interest Rs. 2.32 Lakh | 50% | Bhadra 2083 | ||
 Kumari Bank VerifiedFixed option 6.49% for up to 5 yrs | 5.84%up to 7.84%4.84% + 1% | Rs. 28,888 | 1%Rs. 15,000 | Rs. 2.48 LakhTotal interest Rs. 2.33 Lakh | 50% | Bhadra 2083 | ||
 Sanima Bank Verified | 6.19%up to 8.14%4.64% + 1.55% | Rs. 29,132 | 1%Rs. 15,000 | Rs. 2.63 LakhTotal interest Rs. 2.48 Lakh | 50% | Bhadra 2083 | ||
 Agricultural Development Bank VerifiedFixed option 10.65% | 7.55%4.55% + 3% | Rs. 30,093 | 1%Rs. 15,000 | Rs. 3.21 LakhTotal interest Rs. 3.06 Lakh | 50% | Bhadra 2083 | ||
 Siddhartha Bank VerifiedFixed option 8.5%–9.75% | 7.84%4.84% + 3% | Rs. 30,300 | 1%Rs. 15,000 | Rs. 3.33 LakhTotal interest Rs. 3.18 Lakh | 50% | Bhadra 2083 | ||
 Prime Commercial Bank VerifiedFixed option 9%–11% | 9.86%4.86% + 5% | Rs. 31,767 | 1%Rs. 15,000 | Rs. 4.21 LakhTotal interest Rs. 4.06 Lakh | 50% | Bhadra 2083 |
Rates shown are base rate plus the bank's published premium. Fixed-rate options are listed where the bank offers them. · Effective from Bhadra 2083
Every bank offering a auto loan
18 commercial banks, ordered cheapest first on Bhadra 2083 rates.
Auto Loan FAQ
Which bank has the cheapest auto loan in Nepal?+
On our latest data, Nepal Bank Limited has the lowest effective rate at 4.87%. Rates are base rate plus premium and can change monthly.
What is the EMI on a auto loan?+
At 4.87%, the EMI on a typical amount is roughly Rs. 18,812. Enter your own amount and tenure in the table above to see every bank's EMI.
Do EVs get more financing than petrol cars?+
Yes. NRB allows banks to lend up to 80% on electric vehicles versus 50% on petrol and diesel vehicles.
Can I get a loan on a used car?+
Some banks finance vehicles under 5 years old, with shorter tenure and a lower financing ratio.
Check eligibility
Cars and other vehicles, including EVs. EVs get higher financing under NRB rules.
Check eligibilityCalculate