NMB Bank Limited has launched a loan facility for second-hand electric vehicles (EVs), expanding financing options for customers looking to purchase used electric cars.

According to the bank, the new scheme is designed to make second-hand EV ownership more accessible and affordable for both individual customers and organizations.

The bank believes the initiative will encourage wider adoption of four-wheeled electric vehicles in Nepal while providing a cost-effective financing option for customers seeking sustainable transportation.

NMB Bank stated that the loan will be available through a simple and fast approval process for both personal and business purposes.

Interested customers can apply for the facility through NMB Bank branches nationwide or via the bank's digital banking channels.

The bank said it remains committed to introducing innovative financial products that improve customer convenience while promoting environmentally sustainable transportation in Nepal.

Currently, NMB Bank operates 198 branches, 176 ATMs, and 9 extension counters across the country, providing banking services to customers nationwide.