Everest Bank Ltd has tied up with Morang Auto Works for Yamaha bikes financing. P K Pradhan, deputy general manager of EBL and Vishnu Kumar Agrawal, chief executive officer of MAW, signed the agreement to facilitate loans for Yamaha bike purchase. The facility will be available in EBL's branches in Kathmandu valley. The bank will finance 70 per cent of the price or Rs 2 lakh at 10 per cent interest rate. The loan has to be repaid within three years.
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