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Understanding the requirements of transport entrepreneurs and extensive road networks, and aligning ourselves to the growing demand of transportation of various goods etc. across the length and breadth of the country connecting rural/semi urban roads to urban centers, MHPL offers easy financing solutions for the purchase of Commercial Vehicles.
• Door-to-Door Service – Approvals made easy with minimal documentation.
• Swift Processing – Get approvals with simplified documentation.
• Loan Up to 70% of Vehicle Value – High-value financing to meet your needs.
• Competitive Interest Rates – Affordable solutions to grow your business.

  • Eligibility Criteria

    To qualify for our Commercial Vehicle Loan, you must meet the following requirements:

        • • Must be Nepali Citizen
        • • Age between 18 and 60 years at the time of loan maturity.
        • • The applicant, proprietor or major shareholder should be a permanent resident.

Documents You’ll Need
For Individual Customer
  • Application form
  • Guarantor profile form
  • Photocopy of the citizenship of the applicant & guarantor
  • Recent passport-size photo of the applicant & the guarantor
  • Proof of income source
  • PAN Card for loan above NPR 2.5 million
  • Copy of Lalpurja / latest electricity bill/water bill etc. for address verifying document
  • Quotation of the vehicle
  • Route permit
In the case of the Company
  • Registration Documents of the firm
  • MOA & AOA (In the case of Pvt. Ltd.)
  • Board Minute (In case of Pvt. Ltd and partnership firm)
  • Authorization letter for legal documentation
  • Audit Report
  • Quotation of the vehicle
  • For partnership firm partnership deed

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