Companies that provide hire purchase loans for the purchase of personal and electric vehicles running on petrol and diesel (private and public) will also be allowed to give loans up to 60 percent of the price.

The arrangement made by the National Bank through the semi-annual review of the monetary policy has already been implemented in the case of banks and financial institutions. Now, the National Bank has implemented the same arrangement for companies that provide higher purchase loans.

Earlier, these companies were giving loans up to 80 percent on personal electric vehicles and 100 percent on public electric vehicles.