Advanced Automobiles, the official distributor of Renault for Nepal, has signed an auto loan agreement with Sanima Bank. 

In light of the nearing festive season and the much-awaited NADA Auto Show, the company has signed this agreement to provide vehicle loans at subsidised interest rates to its Nepali customers. 

The agreement was signed by Adhir Kumar Shrestha, General Manager of Advanced Automobiles Pvt Ltd, and Vishal Dahal, Head of the Retail Lending Department of Sanima Bank Limited. Under this agreement, customers who want to buy the Kwid, Triber, and Kiger models from Renault will be able to get financing facilities at a concessional rate through Sanima Bank. 

This facility will be available at Renault's authorised dealers across the country as well as at the nearest Sanima Bank branch. 

Along with this, Renault has also launched 'Renault Shubha Kar Rambha' targeting the upcoming festival. 

Under this scheme, Renault customers can get benefits of up to Rs700,000 discount including easy finance, free road tax for one year, free servicing for two years, and the best exchange value. (PR)