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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
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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Ready to apply?
Get in touch
Need more help?
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 |