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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

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

  • Node Minus Alt
    Vehicle quotation
  • OR
  • Node Minus Alt
    UAE driving license
  • OR
  • Node Minus Alt
    Bank statements (where applicable)
  • OR
  • Node Minus Alt
    Salary certificate addressed to FAB (where applicable)
  • OR
  • Node Minus Alt
    Auto-loan application completed and signed by the customer
  • OR
  • Node Minus Alt
    Copy of a valid passport/resident visa/Emirates ID (Originals must also be presented)
  • OR

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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
600 52 5500 +971 2 681 1511