Smart
#1
Starting at
NPR1Cr
Smart #1 EMI calculator
Set the down payment, interest rate and term to match the offer you have been quoted.
20% — Rs 20,00,000
10%50%
10% p.a.
7%16%
5 years
1 yr8 yrs
Monthly EMI
Rs 1,69,976
per month for 5 years
Loan Amount
Rs 80,00,000
Down Payment
Rs 20,00,000
Total Interest
Rs 21,98,581
Total Payable
Rs 1,21,98,581
Nepal Bank EMI Comparison
| Bank | Rate (est.) | Monthly EMI |
|---|---|---|
| NIC Asia Bank | 9.5% | Rs 1,68,015 |
| Nabil Bank | 10% | Rs 1,69,976 |
| Global IME Bank | 10.5% | Rs 1,71,951 |
| Sanima Bank | 10% | Rs 1,69,976 |
| Prabhu Bank | 9.75% | Rs 1,68,994 |
* Rates are indicative. Contact your bank for actual offers. Based on 20% down, 5-year tenure.
Common questions
- What is the EMI of Smart #1 in Nepal?
- With a 20% down payment (Rs 20,00,000) and a 5-year loan at 10% interest, the monthly EMI is approximately Rs 1,69,976. Use the calculator above to adjust for your scenario.
- Which banks in Nepal offer EV loans?
- Several Nepal banks offer EV loans, including NIC Asia, Nabil, Global IME, Sanima, and Prabhu Bank. Interest rates typically range from 9 to 14% a year. Some banks offer preferential green vehicle loan rates for EVs.
- What documents do I need for an EV loan in Nepal?
- Typically required: citizenship certificate, income proof (salary slip or tax return), bank statements for six months, a vehicle quotation from the dealer, and a recent passport-size photo. Requirements vary by bank.