Buying Tata EVs is Now Easier Than Ever: Nabil Bank to Provide Up To 80% Loan

November 14th 2022

4 mins read

Buying Tata EVs is Now Easier Than Ever: Nabil Bank to Provide Up To 80% Loan

An agreement has been reached between Tata's official dealer Sipradi Trading and Nabil Bank. According to the agreement, Nabil Bank will now offer loans to customers who want to brain home new Tata cars.

Tata Electric Cars Finance Options (Nabil Bank)

Nabil Bank will provide up to 80 percent loans for electric vehicles sold by Tata. Currently, Tata is selling Nexon EV and Tigor EV here in Nepal. The bank will provide loans for electric vehicles for up to 7 years (Tenure Period) and the interest rate will remain at 12.99 percent.

According to the agreement between Nabil Bank and Sipradi, the customer will get the loan approval within 24 hours of completing the process. It is mentioned in the statement issued by Sipradi that it will be very convenient for the customers.

The Nexon EV sold by Tata is currently the best-selling electric SUV in Nepal. Also, Tata Tigor EV, a compact electric sedan is also available for purchase.

Tata Nexon EV Overview

Design

Speaking of the design, the electric SUV directly inherits the design theme from its fuel-based version, Tata Nexon. Styled with a flatter bonnet and a sharper styling infused with the halogen projector headlamps, the Nexon EV looks like a perfect battery-powered SUV. The rear part of the EV also gets a unique and eye-striking design with new LED taillights.

Although an electric vehicle, the Indian automaker doesn't seem to have made any compromise in its styling.

Also Read: 5 Tips to Save your Electric Car's Battery Health

Power and Range

The Nexon EV is powered by a 95kW Permanent Magnet Synchronous Motor delivering a peak power of 127bhp alongside a peak torque of 245Nm. For driving, two different modes are available: Drive Mode and Sports Mode.

The electric SUV is equipped with a 30.2kWh lithium-ion battery with a claimed range of 312km. This one takes an hour to charge from 0-80% while using Fast Charger but when on normal charging 8-10 hours is required.

Interior

The dashboard's plastic panel is all black-themed here while the cabin space looks more spacious. Most of the cabin remains unchanged which means you still get features like auto AC, rear AC vents, push-button start, and a 6.5-inch touchscreen infotainment system. What’s new is the addition of goodies like auto headlamps, auto wipers & white leatherette upholstery. Excitingly, Tata has also introduced a sunroof feature on the machine.

Additionally, both the steering wheel and instrument cluster are now shared with the Tata Altroz. So, the driver information system is now a 7-inch screen. By the way, all your electric powertrain-related data (range, charge, energy flow animation, and power flow histogram) is displayed here.

Dimensions

LengthxWidthxHeight (in mm): 3993x1811x1606

Ground Clearance: 205mm

Wheelbase: 2498mm

Also Read: 5 reasons why you should probably switch onto Electric Vehicles

Safety Features

Dual front airbags, ABS with EBD, and ISOFIX are offered as standards in the Nexon EV. It also features hill-hold and hill-descent assist and gets features like cornering fog lamps, rear parking sensors, and a rear camera. While the standard Nexon gets a 5-star rating for safety from Global NCAP.