MG ZS EV Finance Facility in Nepal | Downpayment options for MG ZS

Due to the recent reduction of tax on Electric vehicles in Nepal, the new car consumer’s attention has highly diverted towards EVs. In this run, Electric Car’s price tag in the country has also reduced by a high point which has further allured the customers.  

MG ZS EV is one of the best-selling electric SUVs here in the Nepali market.

What are the finance facilities available for the new 2022 MG ZS EV?

At present, customers have to pay at least  11-13 percent auto loan interest rate due to the increase in bank interest rates in Nepal. However, it is relatively easy to get a loan facility in electric vehicles. In addition, customers can purchase an electric vehicle with a 20 percent down payment too. 

Customers who purchase the standard variant of the MG ZS will have to make a down payment of Rs 1,038,800, which is at least 20 percent of the value of the vehicle. If they want to take a loan for 7 years at an interest rate of 11 percent. 

After the down payment, the customer who takes this particular loan facility has to pay a monthly installment (EMI) of Rs 71,215. 

[Note: This is the general procedure when the downpayment is 20% and the Tenure Period is 7 years.]

If the customers are buying the top variant of the new MG ZS EV that costs 59.99 lakhs. Then, the payment amount will be as follow, 

Downpayment (20%): Rs. 11,99,800/-

Remaining Amount: Rs. 47,99,200/-

Interest Rate: 11%

Tenure Period: 7 years

Monthly Installment (EMI): Rs. 82,174/-

2022 MG ZS EV Specifications