MAW Earthmovers Pvt. Ltd. (JCB Division), a leading company in Nepal’s construction and infrastructure development sector, has signed a Memorandum of Understanding (MoU) with Everest Bank Limited to provide JCB customers with convenient, fast and effective financing services.
The MoU was signed by Mr. Sanjay Dev Yadav on behalf of MAW Earthmovers Pvt. Ltd. and Mr. Vinay Khanal on behalf of Everest Bank Limited.
Under this strategic partnership, customers interested in purchasing JCB and other construction equipment will be able to access financing facilities conveniently through Everest Bank Limited’s branch network across the country. As part of the arrangement, eligible customers can receive financing of up to 80% of the equipment’s value.
To make the loan approval process simpler, faster and more customer-friendly, a Delivery Order (DO) will be issued within seven working days, provided that all required documents have been submitted and the necessary procedures have been completed. This arrangement is expected to help customers receive their equipment on time and operate their businesses more efficiently.
The partnership is expected to further strengthen the business relationship between MAW Earthmovers Pvt. Ltd. and Everest Bank Limited while providing construction companies, contractors and entrepreneurs with easier access to financing for the purchase of essential equipment. By reducing procedural complexities and saving customers’ time, the collaboration is expected to support business growth and expansion.
Both MAW Earthmovers Pvt. Ltd. and Everest Bank Limited have expressed their commitment to continuing to introduce innovative and customer-focused services, placing customer convenience, satisfaction and business growth at the centre of their efforts.
The partnership is also expected to make a positive contribution to Nepal’s construction and infrastructure development sector.