Jagdamba Motors Pvt. Ltd., the exclusive distributor of Proton vehicles in Nepal, has unveiled a groundbreaking financing scheme for its electric vehicle, the Proton e.MAS7.

Aimed at making electric mobility more accessible and affordable, the new scheme offers instant financing approval within just 60 minutes and an exceptionally low interest rate of 4.99%—a first in the Nepali automotive market. The plan also promises hassle-free financing, setting a new benchmark in the industry, according to the company.

This initiative is designed to enable a broader range of customers to experience the reliability, innovation, and eco-friendliness of the Proton e.MAS7. With this customer-centric approach, Jagdamba Motors continues to lead the transition toward a more sustainable and inclusive automotive future.

Commenting on the launch, Raju Bhetwaal, Senior Vice President of Jagdamba Motors Pvt. Ltd., said: “We are committed to accelerating the adoption of electric vehicles in Nepal by addressing key barriers such as financing and affordability. Our new 60-minute approval scheme, coupled with the unmatched 4.99% interest rate, reflects our mission to make clean mobility both convenient and cost-effective for every Nepali consumer.”

The Proton e.MAS7 has already earned praise for its performance, safety features, and futuristic design. The introduction of this new financing offer is expected to further drive interest and sales, making the switch to electric vehicles easier than ever.