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Thinking of owning a pre-owned vehicle? MHPL makes it easier than ever with flexible loan solutions tailored to your needs. Whether it’s for personal or business use, our Pre-Owned Vehicle Loan is designed to provide financial ease and convenience.
• Loan Up to 50% of Valuated Amount or NPR 50 Lakhs – Supporting your vehicle purchase with competitive financing.
• Attractive Interest Rates – Competitive rates for affordable EMIs.
• Minimal Documentation – A straightforward and hassle-free process.
• Quick Approvals – Speedy processing to help you drive your dream car sooner.

  • Eligibility Criteria

    To qualify for our Pre-Owned Vehicle Loan, you must meet the following:

        • • Must be Nepali Citizen
        • • Age between 18 and 63 years at the time of loan maturity.
        • • The applicant should be a permanent resident.

Documents You’ll Need
For Individual Customer
  • ❖ Photocopy of citizenship of applicant & guarantor
  • ❖ Recent Photo of the applicant & guarantor
  • ❖ CIC Report
  • ❖ PAN Card for loan above NPR 2.5 million
  • ❖ Proof of Income source
  • ❖ Copy of Lalpurja / Latest Electricity Bill/Water Bill
  • ❖ Valuation report of the vehicle
  • ❖ Tax clearance, Comprehensive Insurance & renewal of vehicle to be intact
In Case of Company
  • ❖ Registration Documents of the firm/business unit
  • ❖ MOA & AOA (In case of Pvt. Ltd.)
  • ❖ Share Lagat
  • ❖ Audit Report & Tax Clearance report
  • ❖ CIC Report
  • ❖ Valuation report of the vehicle
  • ❖ For partnership firm Partnership deed

Apply Loan?

Smart Financing Made Simple: Step into Easy EMIs Today!