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Green Car Loan
Switch to an eco-friendly electric car with Tesla and FAB
Warning
- You may have to pay penalties if you pay off a loan/financing early
- If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future
- Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit
AED 7,000
Minimum monthly salary
New and Pre-owned Cars
Loan available for new and pre-owned cars
Electrify your ride with our new green car loan options.
Enjoy competitive interest rates on the electric car of your choice.
Features for UAE Nationals
Benefit from an interest rate of 2.30% (equivalent to a reducing rate of 4.37%) for new Tesla cars
Benefit from an interest rate of 2.60% (equivalent to a reducing rate of 4.92%) for previously owned Tesla cars
Features for Expatriates
Benefit from an interest rate of 2.54% (equivalent to a reducing rate of 4.81%) for new Tesla cars
Benefit from an interest rate of 2.84% (equivalent to a reducing rate of 5.35%) for previously owned Tesla cars
Required Documents - This is what we'll need
Vehicle quotation- UAE driving license
- Bank statements (where applicable)
- Salary certificate addressed to FAB (where applicable)
- Auto-loan application completed and signed by the customer
- Copy of a valid passport/resident visa/Emirates ID (Originals must also be presented)
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Contact us anytime for further assistance or check out our FAQ page for more information.
| For customers within the UAE | For customers outside of the UAE | ||
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600 52 5500 | |
+971 2 681 1511 |