auto loan

Always thought of owning your dream car. Wait no more. MIPL offers the best in class deals on Auto Loan. We offer quick doorstep service to fulfil your dreams. Apply now for quick disbursement. MIPL caters easy financing solutions for the purchase of Skoda and Fiat cars.

  • Door to Door service
  • Loan up to 65% of the vehicle value.
  • Flexible tenure of repayment
  • Quick and Speedy processing
  • Attractive Rate of Interest
  • Minimum/Hassle free Documentation
  • Repayment through convenient EMI’s
  • Eligibility

  • Must be Nepali Citizen
  • Age minimum 18 years maximum 65 years at the time of loan maturity
  • Minimum 3 years in the same business if business income is considered
  • The Applicant /Proprietor / Chairman/ MD/ Major Shareholder should have at least his own

    house in any part of Nepal. House must be in Grand parent/father/mother/son/ spouse name

  • Required Documents

  • Registration Documents (Gharelu /BanijyaBhivag /Company Registrar /Pan if applicable)
  • MOA &AOA(Niyamawali&Prabandhapatra if applicable)
  • Partnership Deed (in case of Partnership firm if applicable)
  • Share Lagat, Board Minute, Audit report, Tax Clearance Certificate(latest if applicable)
  • Citizenship Copy (Applicant &Guarranter Both)
  • Recent Photographs (2 pcs)
  • Sales record (Day Book/Vat Bill/Maskerbari) Minimum of Six months
  • Proof of income source(Business / Salary / Rental/ Pension/ Remittance)
  • Copy of Lalpurja
  • Electricity/ Water bill
  • Trace, Blue print, Char KillaTiroReciept (If applicable)
  • Relationship Certificate/ Marriage Certificate (If applicable)
  • If Loan from other BFIs complete loan statement